Monthly Rent Report
Koreatown Rent Report — September 2023
Asking rents in ZIP 90005, Los Angeles, from 106 listings.
Median 1BR rent in Koreatown was $1,785 in September 2023, up 20.5% (+$304) from August 2023 and down 34.1% year-over-year. The middle half of 1BR listings asked between $1,785 and $1,785. That puts Koreatown $215 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 106 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,673 | +$328 (+24.3%) | −$517 (-23.6%) | $1,661 – $1,684 | 2 |
| Studio | $1,969 | +$624 (+46.4%) | −$221 (-10.1%) | $1,866 – $2,035 | 10 |
| 1BR | $1,785 | +$304 (+20.5%) | −$922 (-34.1%) | $1,785 – $1,785 | 2 |
| 1BR | $2,337 | +$856 (+57.8%) | −$370 (-13.7%) | $2,186 – $2,960 | 35 |
| 2BR | $2,907 | −$2,103 (-42.0%) | −$390 (-11.8%) | $2,556 – $3,625 | 36 |
| 2BR | $4,687 | −$323 (-6.4%) | +$1,390 (+42.2%) | $3,448 – $5,225 | 9 |
| 3BR | $7,401 | +$1,992 (+36.8%) | +$3,601 (+94.8%) | $6,336 – $8,467 | 2 |
| 3BR | $7,567 | +$2,158 (+39.9%) | +$3,767 (+99.1%) | $6,409 – $8,726 | 2 |
| 4BR | $4,650 | −$7,850 (-62.8%) | −$10,850 (-70.0%) | $4,650 – $4,886 | 3 |
| 4BR | $8,000 | −$4,500 (-36.0%) | −$7,500 (-48.4%) | $8,000 – $8,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — September 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,673 | $1,795 | −$122 (-6.8%) |
| Studio | $1,969 | $1,795 | +$174 (+9.7%) |
| 1BR | $1,785 | $2,000 | −$215 (-10.8%) |
| 1BR | $2,337 | $2,000 | +$337 (+16.9%) |
| 2BR | $2,907 | $2,750 | +$157 (+5.7%) |
| 2BR | $4,687 | $2,750 | +$1,937 (+70.4%) |
| 3BR | $7,401 | $3,948 | +$3,454 (+87.5%) |
| 3BR | $7,567 | $3,948 | +$3,620 (+91.7%) |
| 4BR | $4,650 | $5,000 | −$350 (-7.0%) |
| 4BR | $8,000 | $5,000 | +$3,000 (+60.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.