Hollywood, Los Angeles, CA—90028

As of July '25, Rentcast reports the average rent in Hollywood, Los Angeles, CA is $2,600, with a year-over-year rent change of -12.2%. Per bedroom, the median rent as of July '25 in Hollywood, Los Angeles, CA is studios: $1,710, 1-bedrooms: $2,610, 2-bedrooms: $3,560, 3-bedrooms: $5,020, 4-bedrooms: $5,200. The most common rental property sizes in Hollywood, Los Angeles, CA are 1-bedroom and studio, accounting for 45.8% and 29.9% of the rental stock.

As of the latest ACS Survey released in 2023, Hollywood, Los Angeles, CA has a population of 31,400, which has increased by 2.3% over the past 5 years. Hollywood, Los Angeles, CA is a less popular place for families, as children make up 8.3% of the population. The area has a highly educated workforce, with 49.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.4% reporting working from home.

As of the latest ACS Survey released in 2023, Hollywood, Los Angeles, CA is a predominantly white area, with 40.4% of the population identifying as white. The white population has shrunk by 15.3% in the last 5 years. The second most common race or ethnicity in Hollywood, Los Angeles, CA is hispanic, making up 30.3% of the population. Foreign-born residents account for 35.2% of the population in Hollywood, Los Angeles, CA, and this percentage has decreased by 1.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

As of 2024, the percent of homes in Hollywood, Los Angeles, CA under the Section 8 program is 9.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hollywood, Los Angeles, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.