Monthly Rent Report
Koreatown Rent Report — July 2021
Asking rents in ZIP 90005, Los Angeles, from 305 listings.
Median 1BR rent in Koreatown was $1,420 in July 2021, down 8.4% (−$130) from June 2021 and up 9.7% year-over-year. The middle half of 1BR listings asked between $1,420 and $1,420. That puts Koreatown $425 below the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 305 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,213 | −$137 (-10.2%) | −$186 (-13.3%) | $1,096 – $1,325 | 6 |
| Studio | $2,085 | +$735 (+54.4%) | +$686 (+49.0%) | $1,495 – $2,140 | 129 |
| 1BR | $1,420 | −$130 (-8.4%) | +$125 (+9.7%) | $1,420 – $1,420 | 3 |
| 1BR | $2,612 | +$1,062 (+68.5%) | +$1,317 (+101.7%) | $2,181 – $3,143 | 159 |
| 2BR | $2,295 | −$949 (-29.3%) | −$660 (-22.3%) | $2,295 – $2,295 | 1 |
| 2BR | $2,695 | −$549 (-16.9%) | −$260 (-8.8%) | $2,495 – $2,695 | 5 |
| 3BR | $3,395 | −$160 (-4.5%) | +$485 (+16.7%) | $3,368 – $3,423 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — July 2021
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,213 | $1,525 | −$312 (-20.5%) |
| Studio | $2,085 | $1,525 | +$560 (+36.7%) |
| 1BR | $1,420 | $1,845 | −$425 (-23.0%) |
| 1BR | $2,612 | $1,845 | +$767 (+41.6%) |
| 2BR | $2,295 | $2,529 | −$233 (-9.2%) |
| 2BR | $2,695 | $2,529 | +$167 (+6.6%) |
| 3BR | $3,395 | $3,338 | +$58 (+1.7%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.