Monthly Rent Report
Koreatown Rent Report — September 2022
Asking rents in ZIP 90005, Los Angeles, from 422 listings.
Median 1BR rent in Koreatown was $2,611 in September 2022, down 20.9% (−$689) from August 2022 and up 0.6% year-over-year. The middle half of 1BR listings asked between $2,337 and $2,754. That puts Koreatown $516 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 422 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,190 | −$90 (-3.9%) | +$815 (+59.3%) | $1,988 – $2,409 | 10 |
| Studio | $1,495 | −$785 (-34.4%) | +$120 (+8.7%) | $1,495 – $1,495 | 1 |
| 1BR | $2,611 | −$689 (-20.9%) | +$16 (+0.6%) | $2,337 – $2,754 | 28 |
| 1BR | $2,708 | −$592 (-18.0%) | +$113 (+4.3%) | $2,481 – $2,955 | 262 |
| 2BR | $3,499 | −$164 (-4.5%) | +$1,004 (+40.2%) | $3,499 – $3,499 | 1 |
| 2BR | $3,297 | −$366 (-10.0%) | +$802 (+32.1%) | $3,150 – $3,895 | 109 |
| 3BR | $3,800 | −$495 (-11.5%) | −$395 (-9.4%) | $3,800 – $3,800 | 2 |
| 3BR | $3,800 | −$495 (-11.5%) | −$395 (-9.4%) | $3,600 – $3,800 | 5 |
| 4BR | $15,500 | — | — | $15,500 – $15,500 | 2 |
| 4BR | $15,500 | — | — | $15,500 – $15,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — September 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,190 | $1,695 | +$495 (+29.2%) |
| Studio | $1,495 | $1,695 | −$200 (-11.8%) |
| 1BR | $2,611 | $2,096 | +$516 (+24.6%) |
| 1BR | $2,708 | $2,096 | +$612 (+29.2%) |
| 2BR | $3,499 | $2,882 | +$618 (+21.4%) |
| 2BR | $3,297 | $2,882 | +$416 (+14.4%) |
| 3BR | $3,800 | $3,900 | −$100 (-2.6%) |
| 3BR | $3,800 | $3,900 | −$100 (-2.6%) |
| 4BR | $15,500 | $4,925 | +$10,575 (+214.7%) |
| 4BR | $15,500 | $4,925 | +$10,575 (+214.7%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in September 2022.