Monthly Rent Report
Koreatown Rent Report — August 2022
Asking rents in ZIP 90005, Los Angeles, from 349 listings.
Median 1BR rent in Koreatown was $2,527 in August 2022, up 11.0% (+$250) from July 2022 and up 34.8% year-over-year. The middle half of 1BR listings asked between $2,482 and $2,650. That puts Koreatown $432 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 349 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,280 | +$197 (+9.5%) | +$530 (+30.3%) | $2,059 – $2,565 | 194 |
| Studio | $1,817 | −$266 (-12.8%) | +$67 (+3.8%) | $1,520 – $2,132 | 10 |
| 1BR | $2,527 | +$250 (+11.0%) | +$652 (+34.8%) | $2,482 – $2,650 | 5 |
| 1BR | $3,300 | +$1,023 (+44.9%) | +$1,425 (+76.0%) | $3,300 – $3,300 | 1 |
| 2BR | $3,663 | +$1,163 (+46.5%) | +$1,168 (+46.8%) | $3,157 – $3,975 | 4 |
| 2BR | $3,599 | +$1,099 (+44.0%) | +$1,104 (+44.2%) | $3,200 – $3,832 | 132 |
| 3BR | $4,295 | $0 (0.0%) | +$200 (+4.9%) | $4,295 – $4,295 | 1 |
| 3BR | $3,800 | −$495 (-11.5%) | −$295 (-7.2%) | $3,800 – $3,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — August 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,280 | $1,773 | +$508 (+28.6%) |
| Studio | $1,817 | $1,773 | +$45 (+2.5%) |
| 1BR | $2,527 | $2,095 | +$432 (+20.6%) |
| 1BR | $3,300 | $2,095 | +$1,205 (+57.5%) |
| 2BR | $3,663 | $2,880 | +$783 (+27.2%) |
| 2BR | $3,599 | $2,880 | +$719 (+25.0%) |
| 3BR | $4,295 | $3,795 | +$500 (+13.2%) |
| 3BR | $3,800 | $3,795 | +$5 (+0.1%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.