Monthly Rent Report
Koreatown Rent Report — November 2022
Asking rents in ZIP 90005, Los Angeles, from 235 listings.
Median 1BR rent in Koreatown was $1,700 in November 2022, down 32.0% (−$800) from October 2022 and down 32.8% year-over-year. The middle half of 1BR listings asked between $1,700 and $2,125. That puts Koreatown $366 below the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 235 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,917 | +$422 (+28.2%) | +$522 (+37.4%) | $1,460 – $2,059 | 6 |
| Studio | $1,650 | +$155 (+10.4%) | +$255 (+18.3%) | $1,573 – $2,025 | 3 |
| 1BR | $1,700 | −$800 (-32.0%) | −$829 (-32.8%) | $1,700 – $2,125 | 7 |
| 1BR | $2,324 | −$176 (-7.0%) | −$205 (-8.1%) | $2,194 – $2,347 | 6 |
| 2BR | $2,500 | −$437 (-14.9%) | −$1,150 (-31.5%) | $2,475 – $2,933 | 3 |
| 2BR | $3,373 | +$436 (+14.8%) | −$277 (-7.6%) | $2,750 – $3,861 | 197 |
| 3BR | $4,195 | +$712 (+20.4%) | +$445 (+11.9%) | $4,195 – $4,195 | 2 |
| 3BR | $2,995 | −$488 (-14.0%) | −$755 (-20.1%) | $2,995 – $3,348 | 11 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — November 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,917 | $1,695 | +$222 (+13.1%) |
| Studio | $1,650 | $1,695 | −$45 (-2.7%) |
| 1BR | $1,700 | $2,066 | −$366 (-17.7%) |
| 1BR | $2,324 | $2,066 | +$258 (+12.5%) |
| 2BR | $2,500 | $2,873 | −$372 (-13.0%) |
| 2BR | $3,373 | $2,873 | +$501 (+17.4%) |
| 3BR | $4,195 | $3,700 | +$495 (+13.4%) |
| 3BR | $2,995 | $3,700 | −$705 (-19.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.