Monthly Rent Report
Koreatown Rent Report — September 2020
Asking rents in ZIP 90005, Los Angeles, from 91 listings.
Median 1BR rent in Koreatown was $1,961 in September 2020, up 15.7% (+$266) from August 2020. The middle half of 1BR listings asked between $1,568 and $2,165. That puts Koreatown $166 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 91 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$55 (+3.9%) | — | $1,369 – $1,739 | 28 |
| Studio | $995 | −$400 (-28.7%) | — | $995 – $995 | 1 |
| 1BR | $1,961 | +$266 (+15.7%) | — | $1,568 – $2,165 | 24 |
| 1BR | $2,386 | +$691 (+40.8%) | — | $2,382 – $2,403 | 3 |
| 2BR | $2,655 | −$42 (-1.6%) | — | $2,375 – $2,700 | 29 |
| 2BR | $1,995 | −$702 (-26.0%) | — | $1,995 – $1,995 | 1 |
| 3BR | $2,650 | −$175 (-6.2%) | — | $2,650 – $2,661 | 4 |
| 3BR | $2,850 | +$25 (+0.9%) | — | $2,850 – $2,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2020. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — September 2020
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,495 | −$45 (-3.0%) |
| Studio | $995 | $1,495 | −$500 (-33.4%) |
| 1BR | $1,961 | $1,795 | +$166 (+9.2%) |
| 1BR | $2,386 | $1,795 | +$591 (+32.9%) |
| 2BR | $2,655 | $2,349 | +$307 (+13.1%) |
| 2BR | $1,995 | $2,349 | −$353 (-15.1%) |
| 3BR | $2,650 | $3,213 | −$562 (-17.5%) |
| 3BR | $2,850 | $3,213 | −$362 (-11.3%) |
Citywide figure is the median of zip-level medians across 117 Los Angeles zip codes with listings in September 2020.