Monthly Rent Report
Koreatown Rent Report — July 2022
Asking rents in ZIP 90005, Los Angeles, from 77 listings.
Median 1BR rent in Koreatown was $2,630 in July 2022, up 15.1% (+$346) from June 2022 and up 0.7% year-over-year. The middle half of 1BR listings asked between $2,495 and $2,896. That puts Koreatown $530 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 77 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,083 | +$149 (+7.7%) | −$2 (-0.1%) | $1,896 – $2,181 | 4 |
| Studio | $1,445 | −$489 (-25.3%) | −$640 (-30.7%) | $1,445 – $1,445 | 1 |
| 1BR | $2,630 | +$346 (+15.1%) | +$18 (+0.7%) | $2,495 – $2,896 | 50 |
| 1BR | $2,277 | −$7 (-0.3%) | −$335 (-12.8%) | $1,964 – $2,377 | 7 |
| 2BR | $2,500 | −$475 (-16.0%) | −$195 (-7.2%) | $2,500 – $2,500 | 1 |
| 2BR | $2,949 | −$26 (-0.9%) | +$254 (+9.4%) | $2,750 – $3,150 | 3 |
| 3BR | $4,295 | +$495 (+13.0%) | +$900 (+26.5%) | $3,948 – $4,295 | 3 |
| 3BR | $3,800 | $0 (0.0%) | +$405 (+11.9%) | $2,948 – $3,800 | 5 |
| 4BR | $11,700 | −$3,800 (-24.5%) | — | $8,300 – $15,100 | 2 |
| 4BR | $18,500 | +$3,000 (+19.4%) | — | $18,500 – $18,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — July 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,083 | $1,695 | +$388 (+22.9%) |
| Studio | $1,445 | $1,695 | −$250 (-14.7%) |
| 1BR | $2,630 | $2,100 | +$530 (+25.2%) |
| 1BR | $2,277 | $2,100 | +$177 (+8.4%) |
| 2BR | $2,500 | $2,995 | −$495 (-16.5%) |
| 2BR | $2,949 | $2,995 | −$46 (-1.5%) |
| 3BR | $4,295 | $3,900 | +$395 (+10.1%) |
| 3BR | $3,800 | $3,900 | −$100 (-2.6%) |
| 4BR | $11,700 | $5,273 | +$6,428 (+121.9%) |
| 4BR | $18,500 | $5,273 | +$13,228 (+250.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.