Monthly Rent Report
Koreatown Rent Report — August 2021
Asking rents in ZIP 90005, Los Angeles, from 195 listings.
Median 1BR rent in Koreatown was $2,475 in August 2021, down 5.3% (−$137) from July 2021 and up 46.0% year-over-year. The middle half of 1BR listings asked between $1,725 and $2,598. That puts Koreatown $612 above the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 195 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,375 | +$163 (+13.4%) | −$20 (-1.4%) | $1,350 – $1,375 | 5 |
| Studio | $1,750 | +$538 (+44.3%) | +$355 (+25.4%) | $1,363 – $2,018 | 63 |
| 1BR | $2,475 | −$137 (-5.3%) | +$780 (+46.0%) | $1,725 – $2,598 | 70 |
| 1BR | $1,875 | −$737 (-28.2%) | +$180 (+10.6%) | $1,875 – $1,875 | 2 |
| 2BR | $2,495 | +$200 (+8.7%) | −$202 (-7.5%) | $2,495 – $2,495 | 1 |
| 2BR | $2,800 | +$505 (+22.0%) | +$102 (+3.8%) | $2,100 – $3,503 | 46 |
| 3BR | $3,370 | −$25 (-0.7%) | +$545 (+19.3%) | $3,310 – $3,400 | 6 |
| 3BR | $4,095 | +$700 (+20.6%) | +$1,270 (+45.0%) | $4,095 – $4,095 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — August 2021
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,375 | $1,549 | −$173 (-11.2%) |
| Studio | $1,750 | $1,549 | +$202 (+13.0%) |
| 1BR | $2,475 | $1,863 | +$612 (+32.9%) |
| 1BR | $1,875 | $1,863 | +$13 (+0.7%) |
| 2BR | $2,495 | $2,680 | −$185 (-6.9%) |
| 2BR | $2,800 | $2,680 | +$120 (+4.5%) |
| 3BR | $3,370 | $3,595 | −$225 (-6.3%) |
| 3BR | $4,095 | $3,595 | +$500 (+13.9%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.