Monthly Rent Report
Koreatown Rent Report — October 2022
Asking rents in ZIP 90005, Los Angeles, from 58 listings.
Median 1BR rent in Koreatown was $2,500 in October 2022, down 4.3% (−$111) from September 2022 and up 3.7% year-over-year. The middle half of 1BR listings asked between $2,181 and $2,500. That puts Koreatown $404 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 58 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | −$595 (-27.2%) | +$245 (+18.1%) | $1,375 – $1,957 | 15 |
| Studio | $1,495 | −$695 (-31.7%) | +$145 (+10.7%) | $1,450 – $1,840 | 10 |
| 1BR | $2,500 | −$111 (-4.3%) | +$89 (+3.7%) | $2,181 – $2,500 | 12 |
| 1BR | $2,111 | −$500 (-19.1%) | −$300 (-12.5%) | $2,085 – $2,221 | 4 |
| 2BR | $2,938 | −$561 (-16.0%) | −$285 (-8.8%) | $2,719 – $3,156 | 2 |
| 2BR | $3,200 | −$299 (-8.5%) | −$22 (-0.7%) | $2,938 – $3,424 | 6 |
| 3BR | $3,483 | −$317 (-8.3%) | −$17 (-0.5%) | $3,483 – $3,483 | 4 |
| 3BR | $4,295 | +$495 (+13.0%) | +$795 (+22.7%) | $4,295 – $4,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — October 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,795 | −$200 (-11.1%) |
| Studio | $1,495 | $1,795 | −$300 (-16.7%) |
| 1BR | $2,500 | $2,096 | +$404 (+19.3%) |
| 1BR | $2,111 | $2,096 | +$15 (+0.7%) |
| 2BR | $2,938 | $2,900 | +$38 (+1.3%) |
| 2BR | $3,200 | $2,900 | +$300 (+10.3%) |
| 3BR | $3,483 | $3,948 | −$464 (-11.8%) |
| 3BR | $4,295 | $3,948 | +$348 (+8.8%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.