Monthly Rent Report
Koreatown Rent Report — June 2022
Asking rents in ZIP 90005, Los Angeles, from 41 listings.
Median 1BR rent in Koreatown was $2,284 in June 2022, down 8.6% (−$216) from May 2022 and up 47.4% year-over-year. The middle half of 1BR listings asked between $2,170 and $2,327. That puts Koreatown $289 above the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 41 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,934 | +$684 (+54.7%) | +$584 (+43.3%) | $1,395 – $2,074 | 5 |
| Studio | $1,573 | +$323 (+25.8%) | +$223 (+16.5%) | $1,506 – $1,699 | 4 |
| 1BR | $2,284 | −$216 (-8.6%) | +$734 (+47.4%) | $2,170 – $2,327 | 8 |
| 1BR | $3,000 | +$500 (+20.0%) | +$1,450 (+93.5%) | $2,799 – $3,000 | 4 |
| 2BR | $3,518 | −$37 (-1.0%) | +$274 (+8.4%) | $3,497 – $3,539 | 2 |
| 2BR | $2,975 | −$580 (-16.3%) | −$269 (-8.3%) | $2,975 – $3,254 | 8 |
| 3BR | $3,800 | +$501 (+15.2%) | +$245 (+6.9%) | $3,700 – $3,800 | 3 |
| 3BR | $4,095 | +$796 (+24.1%) | +$540 (+15.2%) | $4,095 – $4,095 | 1 |
| 4BR | $15,500 | — | — | $15,500 – $15,500 | 1 |
| 4BR | $12,500 | — | — | $12,500 – $15,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — June 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,934 | $1,600 | +$334 (+20.9%) |
| Studio | $1,573 | $1,600 | −$27 (-1.7%) |
| 1BR | $2,284 | $1,996 | +$289 (+14.5%) |
| 1BR | $3,000 | $1,996 | +$1,005 (+50.3%) |
| 2BR | $3,518 | $2,800 | +$718 (+25.6%) |
| 2BR | $2,975 | $2,800 | +$175 (+6.3%) |
| 3BR | $3,800 | $4,150 | −$350 (-8.4%) |
| 3BR | $4,095 | $4,150 | −$55 (-1.3%) |
| 4BR | $15,500 | $5,150 | +$10,350 (+201.0%) |
| 4BR | $12,500 | $5,150 | +$7,350 (+142.7%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.