Monthly Rent Report
Koreatown Rent Report — January 2023
Asking rents in ZIP 90005, Los Angeles, from 610 listings.
Median 1BR rent in Koreatown was $2,660 in January 2023, up 21.2% (+$465) from December 2022 and up 8.8% year-over-year. The middle half of 1BR listings asked between $2,375 and $3,075. That puts Koreatown $535 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 610 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,205 | +$466 (+26.8%) | +$143 (+6.9%) | $1,705 – $2,538 | 159 |
| Studio | $2,066 | +$327 (+18.8%) | +$4 (+0.2%) | $2,038 – $2,148 | 13 |
| 1BR | $2,660 | +$465 (+21.2%) | +$215 (+8.8%) | $2,375 – $3,075 | 265 |
| 1BR | $2,275 | +$80 (+3.6%) | −$170 (-7.0%) | $2,218 – $2,449 | 19 |
| 2BR | $3,245 | +$45 (+1.4%) | +$550 (+20.4%) | $2,750 – $3,686 | 147 |
| 2BR | $2,995 | −$205 (-6.4%) | +$300 (+11.1%) | $2,995 – $2,995 | 1 |
| 3BR | $5,750 | +$2,805 (+95.2%) | +$2,250 (+64.3%) | $4,424 – $7,125 | 4 |
| 3BR | $4,195 | +$1,250 (+42.4%) | +$695 (+19.9%) | $4,195 – $4,195 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — January 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,205 | $1,795 | +$410 (+22.8%) |
| Studio | $2,066 | $1,795 | +$271 (+15.1%) |
| 1BR | $2,660 | $2,125 | +$535 (+25.2%) |
| 1BR | $2,275 | $2,125 | +$150 (+7.1%) |
| 2BR | $3,245 | $2,861 | +$384 (+13.4%) |
| 2BR | $2,995 | $2,861 | +$134 (+4.7%) |
| 3BR | $5,750 | $3,848 | +$1,903 (+49.4%) |
| 3BR | $4,195 | $3,848 | +$348 (+9.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.