Monthly Rent Report
Koreatown Rent Report — January 2024
Asking rents in ZIP 90005, Los Angeles, from 353 listings.
Median 1BR rent in Koreatown was $2,355 in January 2024, up 2.1% (+$49) from December 2023 and up 3.5% year-over-year. The middle half of 1BR listings asked between $2,290 and $2,390. That puts Koreatown $259 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 353 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,990 | +$591 (+42.2%) | −$76 (-3.7%) | $1,975 – $2,058 | 12 |
| Studio | $1,966 | +$567 (+40.5%) | −$100 (-4.8%) | $1,525 – $2,217 | 123 |
| 1BR | $2,355 | +$49 (+2.1%) | +$80 (+3.5%) | $2,290 – $2,390 | 29 |
| 1BR | $2,484 | +$178 (+7.7%) | +$209 (+9.2%) | $1,950 – $2,774 | 145 |
| 2BR | $3,192 | −$8 (-0.3%) | +$197 (+6.6%) | $3,112 – $3,402 | 7 |
| 2BR | $18,995 | +$15,795 (+493.6%) | +$16,000 (+534.2%) | $18,995 – $18,995 | 1 |
| 3BR | $3,850 | −$1,422 (-27.0%) | −$345 (-8.2%) | $3,513 – $4,688 | 26 |
| 3BR | $3,291 | −$1,981 (-37.6%) | −$904 (-21.5%) | $3,291 – $3,291 | 1 |
| 4BR | $6,000 | −$900 (-13.0%) | — | $6,000 – $6,450 | 3 |
| 4BR | $6,000 | −$900 (-13.0%) | — | $6,000 – $6,450 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — January 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,990 | $1,750 | +$240 (+13.7%) |
| Studio | $1,966 | $1,750 | +$216 (+12.3%) |
| 1BR | $2,355 | $2,097 | +$259 (+12.3%) |
| 1BR | $2,484 | $2,097 | +$388 (+18.5%) |
| 2BR | $3,192 | $2,795 | +$397 (+14.2%) |
| 2BR | $18,995 | $2,795 | +$16,200 (+579.6%) |
| 3BR | $3,850 | $3,950 | −$100 (-2.5%) |
| 3BR | $3,291 | $3,950 | −$659 (-16.7%) |
| 4BR | $6,000 | $5,200 | +$800 (+15.4%) |
| 4BR | $6,000 | $5,200 | +$800 (+15.4%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.