Monthly Rent Report
Koreatown Rent Report — April 2023
Asking rents in ZIP 90005, Los Angeles, from 1,134 listings.
Median 1BR rent in Koreatown was $2,183 in April 2023, down 4.5% (−$103) from March 2023 and down 41.9% year-over-year. The middle half of 1BR listings asked between $2,054 and $2,272. That puts Koreatown $86 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 1,134 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,971 | +$372 (+23.3%) | +$476 (+31.8%) | $1,946 – $2,028 | 13 |
| Studio | $1,900 | +$301 (+18.8%) | +$405 (+27.1%) | $1,495 – $2,384 | 338 |
| 1BR | $2,183 | −$103 (-4.5%) | −$1,577 (-41.9%) | $2,054 – $2,272 | 25 |
| 1BR | $2,687 | +$401 (+17.5%) | −$1,073 (-28.6%) | $2,200 – $3,215 | 404 |
| 2BR | $3,362 | +$162 (+5.1%) | −$139 (-4.0%) | $2,895 – $4,541 | 282 |
| 2BR | $3,491 | +$291 (+9.1%) | −$10 (-0.3%) | $3,346 – $3,622 | 3 |
| 3BR | $4,480 | +$630 (+16.4%) | +$580 (+14.9%) | $3,463 – $6,819 | 64 |
| 3BR | $4,480 | +$630 (+16.4%) | +$580 (+14.9%) | $4,480 – $4,480 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — April 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,971 | $1,775 | +$196 (+11.0%) |
| Studio | $1,900 | $1,775 | +$125 (+7.0%) |
| 1BR | $2,183 | $2,097 | +$86 (+4.1%) |
| 1BR | $2,687 | $2,097 | +$590 (+28.1%) |
| 2BR | $3,362 | $2,795 | +$567 (+20.3%) |
| 2BR | $3,491 | $2,795 | +$696 (+24.9%) |
| 3BR | $4,480 | $3,895 | +$585 (+15.0%) |
| 3BR | $4,480 | $3,895 | +$585 (+15.0%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.