Monthly Rent Report
Koreatown Rent Report — March 2022
Asking rents in ZIP 90005, Los Angeles, from 36 listings.
Median 1BR rent in Koreatown was $2,362 in March 2022, up 11.2% (+$237) from February 2022 and up 15.5% year-over-year. The middle half of 1BR listings asked between $2,319 and $2,464. That puts Koreatown $462 above the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 36 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,199 | −$870 (-42.1%) | −$409 (-25.4%) | $1,199 – $1,306 | 14 |
| 1BR | $2,362 | +$237 (+11.2%) | +$317 (+15.5%) | $2,319 – $2,464 | 15 |
| 1BR | $1,900 | −$225 (-10.6%) | −$145 (-7.1%) | $1,900 – $1,900 | 1 |
| 2BR | $3,551 | −$149 (-4.0%) | +$767 (+27.6%) | $3,551 – $3,551 | 1 |
| 2BR | $2,895 | −$805 (-21.8%) | +$111 (+4.0%) | $2,895 – $2,895 | 1 |
| 3BR | $2,695 | −$3,055 (-53.1%) | −$705 (-20.7%) | $2,695 – $2,695 | 3 |
| 3BR | $3,400 | −$2,350 (-40.9%) | $0 (0.0%) | $3,400 – $3,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — March 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,199 | $1,600 | −$401 (-25.1%) |
| 1BR | $2,362 | $1,900 | +$462 (+24.3%) |
| 1BR | $1,900 | $1,900 | $0 (0.0%) |
| 2BR | $3,551 | $2,775 | +$776 (+28.0%) |
| 2BR | $2,895 | $2,775 | +$120 (+4.3%) |
| 3BR | $2,695 | $3,700 | −$1,005 (-27.2%) |
| 3BR | $3,400 | $3,700 | −$300 (-8.1%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.