Monthly Rent Report
North Hollywood Rent Report — May 2023
Asking rents in ZIP 91606, Los Angeles, from 264 listings.
Median 1BR rent in North Hollywood was $2,070 in May 2023, up 25.5% (+$420) from April 2023 and up 15.0% year-over-year. The middle half of 1BR listings asked between $2,070 and $2,070. That puts North Hollywood $52 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 264 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$250 (-16.7%) | −$245 (-16.4%) | $1,250 – $1,250 | 1 |
| Studio | $1,625 | +$125 (+8.3%) | +$130 (+8.7%) | $1,499 – $1,938 | 24 |
| 1BR | $2,070 | +$420 (+25.5%) | +$270 (+15.0%) | $2,070 – $2,070 | 1 |
| 1BR | $1,995 | +$345 (+20.9%) | +$195 (+10.8%) | $1,850 – $2,513 | 75 |
| 2BR | $3,000 | +$300 (+11.1%) | +$650 (+27.7%) | $2,394 – $3,890 | 45 |
| 2BR | $2,495 | −$205 (-7.6%) | +$145 (+6.2%) | $2,495 – $2,495 | 2 |
| 3BR | $3,360 | −$112 (-3.2%) | −$635 (-15.9%) | $3,238 – $4,025 | 94 |
| 3BR | $3,395 | −$77 (-2.2%) | −$600 (-15.0%) | $3,098 – $3,995 | 3 |
| 4BR | $4,098 | −$575 (-12.3%) | −$6,672 (-62.0%) | $4,040 – $4,155 | 2 |
| 4BR | $5,000 | +$327 (+7.0%) | −$5,770 (-53.6%) | $4,395 – $5,500 | 17 |
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 | $1,250 | $1,750 | −$500 (-28.6%) |
| Studio | $1,625 | $1,750 | −$125 (-7.1%) |
| 1BR | $2,070 | $2,122 | −$52 (-2.5%) |
| 1BR | $1,995 | $2,122 | −$127 (-6.0%) |
| 2BR | $3,000 | $2,780 | +$220 (+7.9%) |
| 2BR | $2,495 | $2,780 | −$285 (-10.3%) |
| 3BR | $3,360 | $3,943 | −$582 (-14.8%) |
| 3BR | $3,395 | $3,943 | −$547 (-13.9%) |
| 4BR | $4,098 | $5,000 | −$902 (-18.1%) |
| 4BR | $5,000 | $5,000 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.