Monthly Rent Report

Koreatown Rent Report — March 2021

Asking rents in ZIP 90005, Los Angeles, from 212 listings.

Median 1BR rent in Koreatown was $1,448 in March 2021, down 9.5% (−$152) from February 2021. The middle half of 1BR listings asked between $1,424 and $1,471. That puts Koreatown $348 below the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 212 listings across 9 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2021Vs. Year AgoP25–P75 RangeListings
Studio$1,188−$187 (-13.6%)$1,150 – $1,2634
Studio$1,608+$233 (+16.9%)$1,300 – $1,82549
1BR$1,448−$152 (-9.5%)$1,424 – $1,4712
1BR$2,045+$445 (+27.8%)$1,675 – $2,23487
2BR$2,784+$984 (+54.7%)$2,517 – $3,05059
2BR$2,650+$850 (+47.2%)$2,650 – $2,6501
3BR$3,400−$200 (-5.6%)$3,350 – $3,4503
3BR$3,710+$110 (+3.1%)$3,163 – $4,3556
4BR$9,500$9,500 – $9,5001

Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.

Koreatown vs. Los AngelesMarch 2021

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,188$1,500−$312 (-20.8%)
Studio$1,608$1,500+$108 (+7.2%)
1BR$1,448$1,795−$347 (-19.4%)
1BR$2,045$1,795+$250 (+13.9%)
2BR$2,784$2,450+$334 (+13.6%)
2BR$2,650$2,450+$200 (+8.2%)
3BR$3,400$3,375+$25 (+0.7%)
3BR$3,710$3,375+$335 (+9.9%)
4BR$9,500$3,800+$5,700 (+150.0%)

Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in March 2021.

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