Apartments for Rent in Central Business District, Hollywood, FL

Central Business District, Hollywood apartment availability

Central Business District in Hollywood offers a good selection of rental listings, with an average of about 85 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer desirable amenities, including outdoor space, air conditioning, and in-unit laundry. Specifically, about 29% of apartments have outdoor space, 20% have air conditioning, and 23% have in-unit laundry. This mix of amenities and apartment types makes Central Business District a viable option for renters with different priorities and needs.

Central Business District, Hollywood rental market trends

Central Business District in Hollywood is experiencing a significant shift in rent prices. In 2024, the average monthly rent across all property types decreased by 19.6% from the previous year to approximately $1,946. This downward trend is most notable in 1-bedrooms, which saw a 7.4% decrease to $1,684, and 3-bedrooms, which dropped by 9.1% to $3,774. However, studios bucked this trend, with a 2.4% increase to $1,473.

Rent prices fluctuate throughout the year, with April being the most expensive month, 31.4% higher than the lowest month, February. This suggests that renters looking for a deal should consider searching during the winter months. In contrast, those looking to rent in the spring can expect to pay a premium. Overall, the Central Business District's rental market is becoming more affordable, making it an attractive option for renters.

Why Central Business District, Hollywood is a great place to live

Central Business District in Hollywood is a hub for renters who prioritize social life and environmental sustainability.

The neighborhood's focus on sustainability is reflected in its use of non-toxic paint, waste recycling and composting programs, and rainwater harvesting systems. Residents can also enjoy the nearby parks and recreation areas, while the high walk score and transit score make it easy to get around without a car. Additionally, many buildings in the area incorporate sustainable materials in their construction and offer community solar projects and low-flow fixtures.

The area is also perfect for those who crave an active social life, thanks to its high neighborhood population, excellent street infrastructure, and frequent transit options. With a strong emphasis on safety, renters can feel comfortable exploring the local scene, making Central Business District an ideal choice for those who value community and connection.