Monthly Rent Report
Koreatown Rent Report — August 2020
Asking rents in ZIP 90005, Los Angeles, from 133 listings.
Median 1BR rent in Koreatown was $1,673 in August 2020, up 29.2% (+$378) from July 2020. The middle half of 1BR listings asked between $1,611 and $1,734. That puts Koreatown $123 below the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 133 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$4 (-0.3%) | — | $1,384 – $1,754 | 32 |
| Studio | $1,395 | −$4 (-0.3%) | — | $1,395 – $1,807 | 30 |
| 1BR | $1,673 | +$378 (+29.2%) | — | $1,611 – $1,734 | 2 |
| 1BR | $1,695 | +$400 (+30.9%) | — | $1,695 – $1,695 | 1 |
| 2BR | $2,698 | −$257 (-8.7%) | — | $2,336 – $2,985 | 26 |
| 2BR | $2,698 | −$257 (-8.7%) | — | $2,450 – $2,829 | 32 |
| 3BR | $2,825 | −$85 (-2.9%) | — | $2,695 – $2,825 | 5 |
| 3BR | $2,825 | −$85 (-2.9%) | — | $2,695 – $2,825 | 5 |
Median, P25, and P75 are asking rents from listings posted in August 2020. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — August 2020
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,595 | −$200 (-12.5%) |
| Studio | $1,395 | $1,595 | −$200 (-12.5%) |
| 1BR | $1,673 | $1,795 | −$122 (-6.8%) |
| 1BR | $1,695 | $1,795 | −$100 (-5.6%) |
| 2BR | $2,698 | $2,400 | +$298 (+12.4%) |
| 2BR | $2,698 | $2,400 | +$298 (+12.4%) |
| 3BR | $2,825 | $3,350 | −$525 (-15.7%) |
| 3BR | $2,825 | $3,350 | −$525 (-15.7%) |
Citywide figure is the median of zip-level medians across 116 Los Angeles zip codes with listings in August 2020.