Monthly Rent Report
Koreatown Rent Report — December 2023
Asking rents in ZIP 90005, Los Angeles, from 157 listings.
Median 1BR rent in Koreatown was $2,189 in December 2023, up 21.9% (+$394) from November 2023 and up 0.1% year-over-year. The middle half of 1BR listings asked between $1,978 and $2,342. That puts Koreatown $60 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 157 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,933 | +$634 (+48.8%) | +$194 (+11.2%) | $1,805 – $1,997 | 14 |
| Studio | $1,399 | +$100 (+7.7%) | −$340 (-19.6%) | $1,372 – $1,823 | 11 |
| 1BR | $2,189 | +$394 (+21.9%) | +$3 (+0.1%) | $1,978 – $2,342 | 10 |
| 1BR | $2,306 | +$511 (+28.5%) | +$120 (+5.5%) | $2,227 – $2,425 | 29 |
| 2BR | $3,421 | +$671 (+24.4%) | +$221 (+6.9%) | $3,289 – $6,832 | 10 |
| 2BR | $3,200 | +$450 (+16.4%) | $0 (0.0%) | $3,186 – $3,450 | 3 |
| 3BR | $5,357 | +$121 (+2.3%) | +$2,412 (+81.9%) | $5,213 – $5,501 | 2 |
| 3BR | $5,272 | +$36 (+0.7%) | +$2,327 (+79.0%) | $3,995 – $9,309 | 58 |
| 4BR | $6,900 | +$1,275 (+22.7%) | −$75 (-1.1%) | $5,850 – $11,100 | 6 |
| 4BR | $6,900 | +$1,275 (+22.7%) | −$75 (-1.1%) | $6,050 – $9,700 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — December 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,933 | $1,750 | +$183 (+10.5%) |
| Studio | $1,399 | $1,750 | −$351 (-20.1%) |
| 1BR | $2,189 | $2,129 | +$60 (+2.8%) |
| 1BR | $2,306 | $2,129 | +$177 (+8.3%) |
| 2BR | $3,421 | $2,795 | +$626 (+22.4%) |
| 2BR | $3,200 | $2,795 | +$405 (+14.5%) |
| 3BR | $5,357 | $3,923 | +$1,435 (+36.6%) |
| 3BR | $5,272 | $3,923 | +$1,350 (+34.4%) |
| 4BR | $6,900 | $4,750 | +$2,150 (+45.3%) |
| 4BR | $6,900 | $4,750 | +$2,150 (+45.3%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.