Monthly Rent Report

Hollywood Rent Report — October 2024

Asking rents in ZIP 90038, Los Angeles, from 160 listings.

Median 1BR rent in Hollywood was $1,910 in October 2024, up 4.9% (+$90) from September 2024 and down 4.3% year-over-year. The middle half of 1BR listings asked between $1,903 and $1,918. That puts Hollywood $101 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 160 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2024Vs. October 2023P25–P75 RangeListings
Studio$1,550+$78 (+5.3%)−$245 (-13.6%)$1,475 – $1,62315
Studio$1,700+$228 (+15.4%)−$95 (-5.3%)$1,661 – $1,72510
1BR$1,910+$90 (+4.9%)−$85 (-4.3%)$1,903 – $1,9182
1BR$1,975+$155 (+8.5%)−$20 (-1.0%)$1,838 – $2,18640
2BR$3,545+$795 (+28.9%)−$55 (-1.5%)$3,059 – $3,72028
2BR$2,700−$50 (-1.8%)−$900 (-25.0%)$2,567 – $2,7005
3BR$4,395−$405 (-8.4%)−$705 (-13.8%)$3,900 – $4,99739
3BR$3,845−$955 (-19.9%)−$1,255 (-24.6%)$3,845 – $3,8451
4BR$4,200+$875 (+26.3%)−$2,150 (-33.9%)$4,200 – $4,2001
4BR$5,497+$2,172 (+65.3%)−$853 (-13.4%)$3,999 – $6,9954

Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.

Hollywood vs. Los AngelesOctober 2024

BedroomsHollywood MedianLos Angeles Citywide MedianDifference
Studio$1,550$1,700−$150 (-8.8%)
Studio$1,700$1,700$0 (0.0%)
1BR$1,910$2,011−$101 (-5.0%)
1BR$1,975$2,011−$36 (-1.8%)
2BR$3,545$2,727+$818 (+30.0%)
2BR$2,700$2,727−$27 (-1.0%)
3BR$4,395$3,816+$579 (+15.2%)
3BR$3,845$3,816+$29 (+0.8%)
4BR$4,200$5,225−$1,025 (-19.6%)
4BR$5,497$5,225+$272 (+5.2%)

Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.

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