Monthly Rent Report
Koreatown Rent Report — December 2022
Asking rents in ZIP 90005, Los Angeles, from 230 listings.
Median 1BR rent in Koreatown was $2,195 in December 2022, up 29.1% (+$495) from November 2022 and down 10.4% year-over-year. The middle half of 1BR listings asked between $1,945 and $2,692. That puts Koreatown $103 above the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 230 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,705 | +$55 (+3.3%) | +$94 (+5.8%) | $1,450 – $2,197 | 67 |
| Studio | $1,739 | +$89 (+5.4%) | +$128 (+7.9%) | $1,499 – $2,025 | 12 |
| 1BR | $2,195 | +$495 (+29.1%) | −$255 (-10.4%) | $1,945 – $2,692 | 76 |
| 1BR | $2,186 | +$486 (+28.6%) | −$264 (-10.8%) | $2,167 – $2,571 | 7 |
| 2BR | $3,200 | +$700 (+28.0%) | +$504 (+18.7%) | $2,654 – $3,697 | 49 |
| 2BR | $2,495 | −$5 (-0.2%) | −$201 (-7.5%) | $2,395 – $2,821 | 4 |
| 3BR | $2,945 | −$1,250 (-29.8%) | −$905 (-23.5%) | $2,820 – $2,995 | 6 |
| 3BR | $2,995 | −$1,200 (-28.6%) | −$855 (-22.2%) | $2,870 – $3,246 | 8 |
| 4BR | $6,975 | — | — | $6,975 – $6,975 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — December 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,705 | $1,795 | −$90 (-5.0%) |
| Studio | $1,739 | $1,795 | −$56 (-3.1%) |
| 1BR | $2,195 | $2,093 | +$103 (+4.9%) |
| 1BR | $2,186 | $2,093 | +$94 (+4.5%) |
| 2BR | $3,200 | $2,795 | +$405 (+14.5%) |
| 2BR | $2,495 | $2,795 | −$300 (-10.7%) |
| 3BR | $2,945 | $4,145 | −$1,200 (-29.0%) |
| 3BR | $2,995 | $4,145 | −$1,150 (-27.7%) |
| 4BR | $6,975 | $4,998 | +$1,978 (+39.6%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.