Average Rent in Central Hollywood, Los Angeles, CA

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Current Versus Historical Central Hollywood, Los Angeles, CA Rents

Central Hollywood rentals average $2,600 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $3,692, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $62 (4.01%) year-over-year from $1,535 to $1,597. 1-bedroom rentals prices have decreased by $37 (-1.80%) year-over-year from $2,032 to $1,995. 2-bedroom rentals prices have increased by $41 (1.37%) year-over-year from $2,958 to $2,999. 3-bedroom rentals prices have decreased by $1,327 (-22.19%) year-over-year from $5,980 to $4,653. 4-bedroom rentals prices have decreased by $1,617 (-23.64%) year-over-year from $6,842 to $5,225. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.98% this month. 1-bedroom rents have gone down by 2.13% this month. 2-bedroom rents have gone up by 4.11% this month. 3-bedroom rents have gone up by 7.77% this month. 4-bedroom rents have gone down by 12.15% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.21 $1,597 $1,535 (4.01%) $1,343 (18.85%)
1 BR $3.31 $1,995 $2,032 (-1.80%) $1,661 (20.12%)
2 BR $4.17 $2,999 $2,958 (1.37%) $2,551 (17.57%)
3 BR $3.07 $4,653 $5,980 (-22.19%) $4,387 (6.06%)

Historical Rents in Central Hollywood, Los Angeles, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Central Hollywood

There are a total of 18 cities nearby Central Hollywood. The average rent in Central Hollywood is currently $4,300 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Costa Mesa, CA, with an average rent of $2,677, is the most affordable city nearby. In contrast, the most expensive city near Central Hollywood, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $29,500 per month.

Let's compare Central Hollywood, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Central Hollywood, Los Angeles, CA is 22.69% more expensive than other cities nearby. One bedrooms are about 6.36% more affordable. Two bedrooms in Central Hollywood, Los Angeles, CA are about 32.29% more expensive. Finally, rent for three bedrooms are about 27.71% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near Central Hollywood, Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Costa Mesa, CA $2,025 $2,547 $3,270 $2,677
Long Beach, CA $2,300 $2,265 $2,800 $2,763
Santa Clarita, CA N/A $2,383 $2,963 $2,940
Glendale, CA $1,995 $2,175 $2,930 $2,991
Huntington Beach, CA $2,150 $2,799 $3,429 $3,700
Los Angeles, CA $1,995 $2,695 $3,950 $4,400
West Hollywood, CA $2,750 $3,100 $5,450 $4,900
Santa Monica, CA $2,589 $3,092 $5,975 $6,035
Beverly Hills, CA $2,073 $3,400 $5,995 $10,398
Malibu, CA $6,998 $5,873 $8,000 $29,500

Top Neighborhoods Near Central Hollywood

There are a total of 17 neighborhoods in or near Central Hollywood. Some of these neighborhoods include Historic Cultural, Wilshire Center - Koreatown, and Mesa Verde. We've included all of these top 17 neighborhoods in or near Central Hollywood, Los Angeles, CA in the following chart.

The average rent for these 17 neighborhoods in or near Central Hollywood, Los Angeles, CA is currently around $4,698 per month. A total of 6 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $4,698. Interestingly, the neighborhoods' average rent is higher than Central Hollywood's average rent, which is only $3,692. Out of all the neighborhoods in or near Central Hollywood, Historic Cultural has the most affordable average rent at $2,395 per month. Whereas, at $19,500 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Central Hollywood. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Historic Cultural, Los Angeles, CA $1,993 $2,298 $2,989 $2,395
Wilshire Center - Koreatown, Los Angeles, CA $1,867 $2,300 $2,941 $2,498
Mesa Verde, Costa Mesa, CA $2,073 $2,571 $3,345 $2,677
Irvine Business Complex, Irvine, CA $2,523 $2,737 $3,773 $2,987
Mid-Town North Hollywood, Los Angeles, CA $2,200 $2,658 $3,181 $3,061
Downtown Los Angeles, Los Angeles, CA $2,115 $2,879 $4,298 $3,200
Westchester-Playa Del Rey, Los Angeles, CA $2,395 $2,960 $3,895 $3,695
Marina del Rey, Los Angeles, CA $2,467 $2,954 $4,038 $3,852
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,405 $3,050 $4,698
Westwood, Los Angeles, CA $3,195 $3,998 $5,000 $5,248
Venice, Los Angeles, CA $2,169 $3,438 $4,914 $5,650
Hollywood Hills West, Los Angeles, CA $1,931 $2,428 $4,268 $6,059
Mid-City West, Los Angeles, CA $1,675 $3,295 $5,750 $6,700
Sherman Oaks, Los Angeles, CA $2,081 $2,051 $3,222 $7,393
Westside, Los Angeles, CA $2,573 $3,750 $12,100 $9,350
Pacific Palisades, Los Angeles, CA N/A $3,198 $6,000 $17,900
Bel Air-Beverly Crest, Los Angeles, CA N/A $3,650 $7,000 $19,500

Top Counties Near Central Hollywood

There are a total of 17 counties located by Central Hollywood, Los Angeles, CA. Some of these counties include Ventura, CA, Los Angeles, CA, and Orange, CA. The average rent for rentals in these counties is $4,000. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Ventura, CA. It's average rent per month is $3,485. Vice versa, with an average rent of $4,300, Orange, CA is the most expensive county by Central Hollywood, Los Angeles, CA.

Typically, rent for studios in Central Hollywood, Los Angeles, CA is 23.27% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Central Hollywood, Los Angeles, CA is 1.24% more affordable than other counties nearby. Finally, rent for two bedrooms in Central Hollywood, Los Angeles, CA is 36.71% more expensive than other counties nearby. We've listed the top 3 counties in the chart below.
County Studio 1 Bed 2 Bed All
Ventura, CA $1,775 $2,125 $2,988 $3,485
Los Angeles, CA $1,995 $2,526 $3,693 $4,000
Orange, CA $2,073 $2,605 $3,402 $4,300

Top Zipcodes Near Central Hollywood

There are a total of 21 zipcodes in or near Central Hollywood, Los Angeles, CA. The average rent for all of these zipcodes is $5,363. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 92663, Newport Beach, CA at $2,525 per month. In comparison, the zipcode with the most expensive average rent of $25,000 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $2,025. That's at least $4 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Central Hollywood, Los Angeles, CA is $2,795 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,525 per month. Which comes out to $4 per sqft. The following chart includes the top 10 zipcodes in Central Hollywood, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
90028, Los Angeles, CA $2,050 $2,310 $3,895 $2,973
90046, Los Angeles, CA $1,931 $2,389 $4,525 $6,750
90068, Los Angeles, CA N/A $2,795 $4,998 $9,500
90069, Los Angeles, CA $3,299 $3,500 $6,875 $7,997
90048, Los Angeles, CA $1,975 $3,295 $5,920 $6,950
90210, Los Angeles, CA N/A $11,000 $17,000 $25,000
90017, Los Angeles, CA $2,115 $2,350 $3,980 $3,125
90024, Los Angeles, CA $3,195 $4,000 $4,948 $5,363
90025, Los Angeles, CA $2,450 $2,599 $3,998 $3,800
90049, Los Angeles, CA N/A $2,695 $5,395 $6,495

Frequently Asked Questions - Central Hollywood Average Rents

What is the average rent price in Central Hollywood, Los Angeles, CA?
The average monthly rental price for Central Hollywood, Los Angeles, CA apartments for rent is approximately $3,692. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Central Hollywood, Los Angeles, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Central Hollywood, Los Angeles, CA.
How much is a studio apartment in Central Hollywood, Los Angeles, CA?
The average monthly rental price for studio apartments is $2,600 and an average price per square feet of $5.21. There are a total of 5 studio apartment listings currently available for rent in Central Hollywood.
How much is a one bedroom apartment in Central Hollywood, Los Angeles, CA?
The average monthly rental price for one bedroom apartments is $2,495 and an average price per square feet of $3.31. There are a total of 19 one bedroom apartment listings currently available for rent in Central Hollywood.
How much is a two bedroom apartment in Central Hollywood, Los Angeles, CA?
The average monthly rental price for two bedroom apartments is $5,375 and an average price per square feet of $4.17. There are a total of 7 two bedroom apartment listings currently available for rent in Central Hollywood.
How have rent prices in Central Hollywood, Los Angeles, CA changed this year?
Rent prices for rentals in Central Hollywood, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.04%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by -0.22% year-over-year.
What is a reasonable rent price in Central Hollywood, Los Angeles, CA?
A reasonable rent price in Central Hollywood, Los Angeles, CA is around $2,954/month. You can search for these reasonably priced rental listings on RentHop.
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