Monthly Rent Report

Hollywood Rent Report — December 2024

Asking rents in ZIP 90038, Los Angeles, from 324 listings.

Median 1BR rent in Hollywood was $1,995 in December 2024, down 8.3% (−$180) from November 2024 and up 5.8% year-over-year. The middle half of 1BR listings asked between $1,750 and $2,495. That puts Hollywood $73 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 324 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2024Vs. December 2023P25–P75 RangeListings
Studio$1,895+$645 (+51.6%)+$200 (+11.8%)$1,775 – $2,00015
Studio$1,425+$175 (+14.0%)−$270 (-15.9%)$1,425 – $1,4251
1BR$1,995−$180 (-8.3%)+$110 (+5.8%)$1,750 – $2,49536
1BR$1,945−$230 (-10.6%)+$60 (+3.2%)$1,870 – $2,0202
2BR$3,185+$610 (+23.7%)+$1,185 (+59.3%)$2,700 – $3,1855
2BR$2,850+$275 (+10.7%)+$850 (+42.5%)$2,750 – $3,45039
3BR$4,500+$705 (+18.6%)+$100 (+2.3%)$4,500 – $4,5001
3BR$4,195+$400 (+10.5%)−$205 (-4.7%)$3,995 – $4,59925
4BR$7,500+$2,280 (+43.7%)+$2,000 (+36.4%)$7,500 – $7,5002
4BR$7,500+$2,280 (+43.7%)+$2,000 (+36.4%)$7,500 – $7,5006

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

Hollywood vs. Los AngelesDecember 2024

BedroomsHollywood MedianLos Angeles Citywide MedianDifference
Studio$1,895$1,725+$170 (+9.9%)
Studio$1,425$1,725−$300 (-17.4%)
1BR$1,995$2,068−$72 (-3.5%)
1BR$1,945$2,068−$122 (-5.9%)
2BR$3,185$2,750+$435 (+15.8%)
2BR$2,850$2,750+$100 (+3.6%)
3BR$4,500$3,995+$505 (+12.6%)
3BR$4,195$3,995+$200 (+5.0%)
4BR$7,500$4,900+$2,600 (+53.1%)
4BR$7,500$4,900+$2,600 (+53.1%)

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

Advertisement