Monthly Rent Report
Hollywood Rent Report — September 2024
Asking rents in ZIP 90038, Los Angeles, from 62 listings.
Median 1BR rent in Hollywood was $1,820 in September 2024, up 4.0% (+$70) from August 2024 and down 44.5% year-over-year. The middle half of 1BR listings asked between $1,595 and $2,100. That puts Hollywood $179 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 62 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$800 (-36.4%) | −$580 (-29.4%) | $1,395 – $1,395 | 1 |
| Studio | $1,473 | −$722 (-32.9%) | −$502 (-25.4%) | $1,461 – $1,484 | 2 |
| 1BR | $1,820 | +$70 (+4.0%) | −$1,459 (-44.5%) | $1,595 – $2,100 | 18 |
| 1BR | $1,885 | +$135 (+7.7%) | −$1,394 (-42.5%) | $1,830 – $1,940 | 2 |
| 2BR | $2,750 | −$997 (-26.6%) | +$25 (+0.9%) | $2,100 – $5,500 | 22 |
| 2BR | $2,050 | −$1,697 (-45.3%) | −$675 (-24.8%) | $2,050 – $2,050 | 1 |
| 3BR | $4,800 | +$105 (+2.2%) | $0 (0.0%) | $4,800 – $4,800 | 2 |
| 3BR | $4,095 | −$600 (-12.8%) | −$705 (-14.7%) | $4,045 – $4,145 | 2 |
| 4BR | $3,325 | −$663 (-16.6%) | −$3,870 (-53.8%) | $3,325 – $3,325 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Hollywood vs. Los Angeles — September 2024
| Bedrooms | Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,755 | −$360 (-20.5%) |
| Studio | $1,473 | $1,755 | −$282 (-16.1%) |
| 1BR | $1,820 | $1,999 | −$178 (-8.9%) |
| 1BR | $1,885 | $1,999 | −$113 (-5.7%) |
| 2BR | $2,750 | $2,795 | −$45 (-1.6%) |
| 2BR | $2,050 | $2,795 | −$745 (-26.7%) |
| 3BR | $4,800 | $3,850 | +$950 (+24.7%) |
| 3BR | $4,095 | $3,850 | +$245 (+6.4%) |
| 4BR | $3,325 | $4,995 | −$1,670 (-33.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.