Monthly Rent Report
Koreatown Rent Report — June 2023
Asking rents in ZIP 90005, Los Angeles, from 514 listings.
Median 1BR rent in Koreatown was $2,415 in June 2023, up 5.9% (+$135) from May 2023 and up 5.7% year-over-year. The middle half of 1BR listings asked between $2,272 and $3,606. That puts Koreatown $315 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 514 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,039 | +$128 (+6.7%) | +$105 (+5.4%) | $1,883 – $2,152 | 26 |
| Studio | $1,858 | −$53 (-2.8%) | −$76 (-4.0%) | $1,495 – $2,185 | 130 |
| 1BR | $2,415 | +$135 (+5.9%) | +$131 (+5.7%) | $2,272 – $3,606 | 78 |
| 1BR | $2,506 | +$226 (+9.9%) | +$222 (+9.7%) | $2,195 – $2,835 | 144 |
| 2BR | $5,355 | +$2,105 (+64.8%) | +$2,380 (+80.0%) | $3,583 – $8,422 | 13 |
| 2BR | $3,390 | +$140 (+4.3%) | +$415 (+13.9%) | $3,071 – $4,544 | 92 |
| 3BR | $3,825 | −$2,060 (-35.0%) | −$270 (-6.6%) | $3,519 – $5,622 | 18 |
| 3BR | $5,708 | −$177 (-3.0%) | +$1,613 (+39.4%) | $5,352 – $8,472 | 10 |
| 4BR | $11,625 | −$875 (-7.0%) | −$3,875 (-25.0%) | $9,188 – $14,063 | 2 |
| 4BR | $16,500 | +$4,000 (+32.0%) | +$1,000 (+6.5%) | $16,500 – $16,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — June 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,039 | $1,758 | +$281 (+16.0%) |
| Studio | $1,858 | $1,758 | +$100 (+5.7%) |
| 1BR | $2,415 | $2,100 | +$315 (+15.0%) |
| 1BR | $2,506 | $2,100 | +$406 (+19.3%) |
| 2BR | $5,355 | $2,900 | +$2,455 (+84.7%) |
| 2BR | $3,390 | $2,900 | +$490 (+16.9%) |
| 3BR | $3,825 | $3,850 | −$25 (-0.6%) |
| 3BR | $5,708 | $3,850 | +$1,858 (+48.2%) |
| 4BR | $11,625 | $5,100 | +$6,525 (+127.9%) |
| 4BR | $16,500 | $5,100 | +$11,400 (+223.5%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.