Monthly Rent Report
Hollywood Rent Report — June 2024
Asking rents in ZIP 90038, Los Angeles, from 1,125 listings.
Median 1BR rent in Hollywood was $2,744 in June 2024, up 20.7% (+$472) from May 2024 and down 15.2% year-over-year. The middle half of 1BR listings asked between $2,539 and $3,002. That puts Hollywood $644 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 1,125 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,667 | −$39 (-1.4%) | +$872 (+48.6%) | $2,643 – $2,754 | 12 |
| Studio | $1,450 | −$1,256 (-46.4%) | −$345 (-19.2%) | $1,450 – $1,450 | 1 |
| Studio | $1,725 | −$981 (-36.3%) | −$70 (-3.9%) | $1,450 – $2,236 | 282 |
| 1BR | $2,744 | +$472 (+20.7%) | −$493 (-15.2%) | $2,539 – $3,002 | 28 |
| 1BR | $1,500 | −$772 (-34.0%) | −$1,737 (-53.7%) | $1,500 – $1,500 | 1 |
| 1BR | $1,850 | −$422 (-18.6%) | −$1,387 (-42.8%) | $1,850 – $1,873 | 3 |
| 2BR | $4,114 | +$1,417 (+52.5%) | +$814 (+24.7%) | $3,799 – $4,524 | 15 |
| 2BR | $2,700 | +$3 (+0.1%) | −$600 (-18.2%) | $2,675 – $2,725 | 2 |
| 2BR | $3,200 | +$503 (+18.6%) | −$100 (-3.0%) | $2,650 – $3,900 | 493 |
| 3BR | $4,400 | +$1,400 (+46.7%) | −$790 (-15.2%) | $3,950 – $6,495 | 182 |
| 3BR | $4,953 | +$1,953 (+65.1%) | −$237 (-4.6%) | $4,953 – $4,988 | 7 |
| 3BR | $2,095 | −$905 (-30.2%) | −$3,095 (-59.6%) | $2,045 – $2,145 | 2 |
| 4BR | $4,795 | +$675 (+16.4%) | −$3,855 (-44.6%) | $4,795 – $4,795 | 1 |
| 4BR | $4,450 | +$330 (+8.0%) | −$4,200 (-48.6%) | $1,267 – $5,442 | 56 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — June 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,667 | $1,759 | +$908 (+51.6%) |
| Studio | $1,450 | $1,759 | −$309 (-17.6%) |
| Studio | $1,725 | $1,759 | −$34 (-1.9%) |
| 1BR | $2,744 | $2,100 | +$644 (+30.7%) |
| 1BR | $1,500 | $2,100 | −$600 (-28.6%) |
| 1BR | $1,850 | $2,100 | −$250 (-11.9%) |
| 2BR | $4,114 | $2,885 | +$1,229 (+42.6%) |
| 2BR | $2,700 | $2,885 | −$185 (-6.4%) |
| 2BR | $3,200 | $2,885 | +$315 (+10.9%) |
| 3BR | $4,400 | $3,900 | +$500 (+12.8%) |
| 3BR | $4,953 | $3,900 | +$1,053 (+27.0%) |
| 3BR | $2,095 | $3,900 | −$1,805 (-46.3%) |
| 4BR | $4,795 | $5,000 | −$205 (-4.1%) |
| 4BR | $4,450 | $5,000 | −$550 (-11.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.