Hollywood renters get less space for $1,500

Naomi Feinstein

Illustration of a diamond key in a velvet jewelry box. — Illustration: Maura Losch/Axios

A $1,500 monthly rental budget gets less space in Hollywood than it did a year ago.

Why it matters: Renters are getting less for their money.

State of play: A $1,500 budget now only gets you 603 square feet, down 22 from a year ago, per apartment platform RentCafe.

The national average is 703 square feet.
RentCafe tells Axios that Hollywood's average monthly rent was $2,179 for an 876-square-foot apartment as of March.

Zoom out: Among the 14 Florida cities included in the study, Miami offered the least space at 498 square feet, roughly the size of a one-car garage.

$1,500 isn't enough to rent a studio apartment in Fort Lauderdale.
On the other end of the spectrum, $1,500 in Jacksonville can get you 982 square feet.

By the numbers: In 2026, the U.S. Department of Housing and Urban Development estimated the fair market rent for a one-bedroom in Broward County ranges from $1,730 to $2,850 a month, depending on ZIP code.

The bottom line: This shouldn't be entirely surprising given the post-pandemic migration to Florida.

But the recent surge of new construction could help soften rental prices.

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Hollywood renters get less space for $1,500

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