Monthly Rent Report
North Hollywood Rent Report — May 2023
Asking rents in ZIP 91605, Los Angeles, from 298 listings.
Median 1BR rent in North Hollywood was $1,595 in May 2023, down 11.4% (−$205) from April 2023 and down 6.2% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,595. That puts North Hollywood $527 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 298 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | −$25 (-1.5%) | −$147 (-8.3%) | $1,438 – $1,675 | 18 |
| Studio | $1,626 | −$24 (-1.5%) | −$146 (-8.2%) | $1,616 – $1,665 | 24 |
| 1BR | $1,595 | −$205 (-11.4%) | −$105 (-6.2%) | $1,595 – $1,595 | 1 |
| 1BR | $1,795 | −$5 (-0.3%) | +$95 (+5.6%) | $1,718 – $1,909 | 48 |
| 2BR | $2,600 | +$605 (+30.3%) | +$300 (+13.0%) | $2,600 – $2,600 | 2 |
| 2BR | $2,785 | +$790 (+39.6%) | +$485 (+21.1%) | $2,330 – $3,300 | 65 |
| 3BR | $3,450 | +$2,650 (+331.3%) | −$550 (-13.8%) | $3,450 – $3,450 | 1 |
| 3BR | $3,345 | +$2,545 (+318.1%) | −$655 (-16.4%) | $3,260 – $3,630 | 83 |
| 4BR | $3,795 | −$55 (-1.4%) | −$405 (-9.6%) | $3,445 – $3,945 | 55 |
| 4BR | $4,400 | +$550 (+14.3%) | +$200 (+4.8%) | $4,400 – $4,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
North Hollywood vs. Los Angeles — May 2023
| Bedrooms | North Hollywood Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $1,750 | −$125 (-7.1%) |
| Studio | $1,626 | $1,750 | −$124 (-7.1%) |
| 1BR | $1,595 | $2,122 | −$527 (-24.8%) |
| 1BR | $1,795 | $2,122 | −$327 (-15.4%) |
| 2BR | $2,600 | $2,780 | −$180 (-6.5%) |
| 2BR | $2,785 | $2,780 | +$5 (+0.2%) |
| 3BR | $3,450 | $3,943 | −$492 (-12.5%) |
| 3BR | $3,345 | $3,943 | −$597 (-15.2%) |
| 4BR | $3,795 | $5,000 | −$1,205 (-24.1%) |
| 4BR | $4,400 | $5,000 | −$600 (-12.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.