Hollywood, FL Rental Market Trends
The average rent for an apartment in Hollywood is $1,473, a 1% increase compared to the previous year.
Average Rent in Hollywood, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,473||1%||873 sq. ft.|
The average size for a Hollywood, FL apartment is 873 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Hollywood, FL Apartment Rent Ranges
- > $2,00015%
Hollywood, FL Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
21,651 or 38% of the households in Hollywood, FL are renter-occupied while 34,810 or 61% are owner-occupied.
Hollywood, FL Rent Trends
|Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Jan / 2021|
Average Rent in Hollywood, FL By Neighborhood
|John U. Lloyd||$1,661|
|Hollywood Central Business District||$1,517|
|North Central Hollywood||$1,517|
|Lake of Emerald Hills||$1,514|
|Topeekeegee Yugnee Park||$1,514|
|South Central Beach||$1,234|
The most affordable neighborhoods in Hollywood are Lawn Acres, where the average rent goes for $1,234/month, South Central Beach, where renters pay $1,234/mo on average, and Washington Park, where the average rent goes for $1,450/mo. If you’re looking for other great deals, check out the listings from Emerald Hills ($1,514), Hillcrest ($1,514), and Hollywood Hills ($1,514), where the asking prices are below the average Hollywood rent of $1,473/mo.
The most expensive neighborhoods in Hollywood are John U. Lloyd ($1,661), North Beach ($1,661) and Hollywood Lakes ($1,744).
The most popular neighborhood in Hollywood is 441 Corridor, where there are 3 verified RENTCafé listings with an average rent of $1,559. Next up is Driftwood, where apartments go for $1,605/month, followed by Liberia with $1,517 If you’re looking to rent in Hollywood’s most popular neighborhoods, make sure to also check out Playland, where renters pay $1,514 on average, and Highland Garden, where the average monthly rent is $1,517.
Hollywood | Rent Comparison by Neighborhood
Rent in 441 Corridor is 5% lower than in Alandco
441 Corridor rent is 6% higher than Hollywood average
Alandco rent is 11% higher than Hollywood average
How Hollywood Compares to Other Cities
|Average Rent||Y-o-Y Change|
|West Palm Beach||$1,549||5%|
For more information about the Hollywood rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!