Monthly Rent Report
Hollywood Rent Report — July 2024
Asking rents in ZIP 90038, Los Angeles, from 210 listings.
Median 1BR rent in Hollywood was $2,407 in July 2024, down 12.3% (−$337) from June 2024 and up 41.6% year-over-year. The middle half of 1BR listings asked between $2,407 and $2,407. That puts Hollywood $312 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 210 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$275 (-15.9%) | −$932 (-39.1%) | $1,450 – $1,450 | 1 |
| Studio | $1,830 | +$105 (+6.1%) | −$552 (-23.2%) | $1,676 – $2,289 | 108 |
| Studio | $2,633 | +$908 (+52.6%) | +$251 (+10.5%) | $2,452 – $3,240 | 6 |
| 1BR | $2,407 | −$337 (-12.3%) | +$707 (+41.6%) | $2,407 – $2,407 | 2 |
| 1BR | $1,750 | −$994 (-36.2%) | +$50 (+2.9%) | $1,750 – $1,750 | 1 |
| 1BR | $2,549 | −$195 (-7.1%) | +$849 (+49.9%) | $2,459 – $2,754 | 9 |
| 2BR | $2,530 | −$1,584 (-38.5%) | −$973 (-27.8%) | $2,413 – $2,648 | 2 |
| 2BR | $3,809 | −$305 (-7.4%) | +$306 (+8.7%) | $3,799 – $4,222 | 5 |
| 2BR | $3,627 | −$487 (-11.8%) | +$124 (+3.5%) | $3,627 – $3,627 | 1 |
| 3BR | $5,076 | +$676 (+15.4%) | +$76 (+1.5%) | $5,015 – $5,138 | 2 |
| 3BR | $3,895 | −$505 (-11.5%) | −$1,105 (-22.1%) | $3,895 – $3,895 | 1 |
| 3BR | $4,250 | −$150 (-3.4%) | −$750 (-15.0%) | $3,795 – $6,000 | 61 |
| 4BR | $5,030 | +$580 (+13.0%) | −$2,165 (-30.1%) | $5,030 – $5,030 | 1 |
| 4BR | $5,271 | +$821 (+18.4%) | −$1,924 (-26.7%) | $5,271 – $5,271 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — July 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,778 | −$328 (-18.5%) |
| Studio | $1,830 | $1,778 | +$52 (+2.9%) |
| Studio | $2,633 | $1,778 | +$855 (+48.1%) |
| 1BR | $2,407 | $2,095 | +$312 (+14.9%) |
| 1BR | $1,750 | $2,095 | −$345 (-16.5%) |
| 1BR | $2,549 | $2,095 | +$454 (+21.7%) |
| 2BR | $2,530 | $2,835 | −$305 (-10.8%) |
| 2BR | $3,809 | $2,835 | +$974 (+34.4%) |
| 2BR | $3,627 | $2,835 | +$792 (+27.9%) |
| 3BR | $5,076 | $3,900 | +$1,176 (+30.2%) |
| 3BR | $3,895 | $3,900 | −$5 (-0.1%) |
| 3BR | $4,250 | $3,900 | +$350 (+9.0%) |
| 4BR | $5,030 | $5,270 | −$240 (-4.6%) |
| 4BR | $5,271 | $5,270 | +$1 (+0.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.