Cheapest Neighborhoods in Hollywood, FL
Some of the cheapest neighborhoods in Hollywood are Hollywood Park, Washington Park, and Hollywood Terrace. These neighborhoods offer some of the lowest rent prices in Hollywood, making them ideal for renters on a budget. As of August 16, 2026, the average rent in Hollywood is $1,799, which is 1.8% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Hollywood Park
Average Rent
$1,571/Month
Units Available
15 Rentals
Hollywood Park is an affordable neighborhood in Hollywood with an average rent price of $1,571. Compare this to the city average of $1,799. Hollywood Park provides easy access to Florida Atlantic University, Oakwood Plaza Shops, and Fort Lauderdale/Hollywood International.
Washington Park
Average Rent
$1,597/Month
Year-Over-Year Rent Change
16.8%
Units Available
15 Rentals
Washington Park is a centrally located residential neighborhood known for its community parks and proximity to Hollywood’s downtown district. The neighborhood is perfect for renters looking to stay close to both work and recreation, as well as those seeking outdoor recreation.
Hollywood Terrace
Average Rent
$1,607/Month
Units Available
24 Rentals
If you’re looking for a great, affordable neighborhood in Hollywood, Hollywood Terrace might be the perfect place! It has an average rent price of $1,607, while the city’s average stands at $1,799. Hollywood Terrace is near Broward College, South Campus, Snyder Park, and Florida Atlantic University.
Sunset Trails
Average Rent
$1,622/Month
Units Available
23 Rentals
Sunset Trails is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sunset Trails is $1,622 while the city average is $1,799. Residents enjoy convenient access to West Lake Park/Anne Kolb Nature Center, 1400 S Federal Hwy, and FIU, Biscane Bay.
Hollywood Beach Heights
Average Rent
$1,630/Month
Units Available
11 Rentals
When you’re looking for a great Hollywood neighborhood on a budget, check out Hollywood Beach Heights. The average rent is $1,630, compared to the city average of $1,799. Hollywood Beach Heights is convenient to Florida Atlantic University, 5845-5859 Johnson St, and Florida Atlantic University.
Hillcrest
Average Rent
$1,651/Month
Year-Over-Year Rent Change
3.1%
Units Available
17 Rentals
Hillcrest is a serene neighborhood featuring a mix of mid-rise condominiums and spacious green areas. Renters will appreciate the peaceful atmosphere while being close to shopping centers, dining, and recreational amenities in the area's 70-acre park. The area offers easy access to major highways like Interstate 95 and Florida's Turnpike.
Hollywood Beach Gardens
Average Rent
$1,654/Month
Units Available
15 Rentals
Hollywood Beach Gardens is an affordable neighborhood in Hollywood with an average rent price of $1,654. Compare this to the city average of $1,799. Hollywood Beach Gardens provides easy access to Broward College, South Campus, Florida Atlantic University, and Florida Atlantic University.
Hollywood South Side
Average Rent
$1,662/Month
Units Available
20 Rentals
If you’re looking for a great, affordable neighborhood in Hollywood, Hollywood South Side might be the perfect place! It has an average rent price of $1,662, while the city’s average stands at $1,799. Hollywood South Side is near FIU, Biscane Bay, Snyder Park, and Miami International.
441 Corridor
Average Rent
$1,665/Month
Year-Over-Year Rent Change
1.2%
Units Available
25 Rentals
The 441 Corridor neighborhood offers convenient access to major highways like US-441 and Florida’s Turnpike, making it ideal for commuters. This area is also known for its various shopping and dining options, ranging from international cuisines to local markets.
Boulevard Heights-West Hollywood
Average Rent
$1,705/Month
Year-Over-Year Rent Change
1.5%
Units Available
11 Rentals
Boulevard Heights-West Hollywood is a suburban neighborhood with tree-lined streets and access to local parks like Boulevard Heights Park. This area also offers easy access to schools and shopping centers, along with proximity to major roads.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.