Monthly Rent Report
Koreatown Rent Report — November 2023
Asking rents in ZIP 90005, Los Angeles, from 149 listings.
Median 1BR rent in Koreatown was $1,795 in November 2023, down 2.7% (−$50) from October 2023 and down 22.8% year-over-year. The middle half of 1BR listings asked between $1,795 and $2,285. That puts Koreatown $330 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 149 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,088 | −$67 (-3.1%) | +$438 (+26.5%) | $1,921 – $2,220 | 18 |
| Studio | $1,299 | −$856 (-39.7%) | −$351 (-21.3%) | $1,299 – $1,575 | 7 |
| 1BR | $1,795 | −$50 (-2.7%) | −$529 (-22.8%) | $1,795 – $2,285 | 18 |
| 1BR | $2,277 | +$432 (+23.4%) | −$47 (-2.0%) | $2,063 – $2,616 | 25 |
| 2BR | $2,750 | +$201 (+7.9%) | +$250 (+10.0%) | $2,750 – $3,190 | 6 |
| 2BR | $4,040 | +$1,491 (+58.5%) | +$1,540 (+61.6%) | $3,069 – $4,946 | 8 |
| 3BR | $9,439 | +$3,644 (+62.9%) | +$5,244 (+125.0%) | $9,439 – $9,439 | 1 |
| 3BR | $5,236 | −$559 (-9.6%) | +$1,041 (+24.8%) | $3,800 – $9,509 | 56 |
| 4BR | $5,625 | −$1,875 (-25.0%) | — | $5,288 – $5,750 | 4 |
| 4BR | $5,625 | −$1,875 (-25.0%) | — | $5,288 – $5,750 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — November 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,088 | $1,775 | +$313 (+17.6%) |
| Studio | $1,299 | $1,775 | −$476 (-26.8%) |
| 1BR | $1,795 | $2,125 | −$330 (-15.5%) |
| 1BR | $2,277 | $2,125 | +$152 (+7.2%) |
| 2BR | $2,750 | $2,795 | −$45 (-1.6%) |
| 2BR | $4,040 | $2,795 | +$1,245 (+44.5%) |
| 3BR | $9,439 | $3,950 | +$5,489 (+139.0%) |
| 3BR | $5,236 | $3,950 | +$1,286 (+32.6%) |
| 4BR | $5,625 | $4,994 | +$631 (+12.6%) |
| 4BR | $5,625 | $4,994 | +$631 (+12.6%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.