Monthly Rent Report

Koreatown Rent Report — May 2021

Asking rents in ZIP 90005, Los Angeles, from 365 listings.

Median 1BR rent in Koreatown was $1,650 in May 2021, down 5.4% (−$95) from April 2021. The middle half of 1BR listings asked between $1,563 and $1,650. That puts Koreatown $148 below the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 365 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2021Vs. Year AgoP25–P75 RangeListings
Studio$1,917+$517 (+36.9%)$1,395 – $2,104118
Studio$1,400$0 (0.0%)$1,394 – $1,40012
1BR$1,650−$95 (-5.4%)$1,563 – $1,6507
1BR$2,205+$460 (+26.4%)$1,795 – $3,005143
2BR$2,710+$315 (+13.2%)$2,295 – $3,22576
2BR$2,445+$50 (+2.1%)$2,246 – $2,5204
3BR$2,898−$302 (-9.5%)$2,395 – $3,6504
3BR$3,500+$300 (+9.4%)$3,500 – $3,5001

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

Koreatown vs. Los AngelesMay 2021

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,917$1,521+$396 (+26.0%)
Studio$1,400$1,521−$121 (-7.9%)
1BR$1,650$1,798−$148 (-8.2%)
1BR$2,205$1,798+$407 (+22.6%)
2BR$2,710$2,450+$260 (+10.6%)
2BR$2,445$2,450−$5 (-0.2%)
3BR$2,898$3,295−$397 (-12.1%)
3BR$3,500$3,295+$205 (+6.2%)

Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.

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