Monthly Rent Report
Koreatown Rent Report — February 2024
Asking rents in ZIP 90005, Los Angeles, from 1,628 listings.
Median 1BR rent in Koreatown was $2,440 in February 2024, up 3.6% (+$85) from January 2024 and up 0.8% year-over-year. The middle half of 1BR listings asked between $2,150 and $2,812. That puts Koreatown $245 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 1,628 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,930 | −$36 (-1.8%) | −$130 (-6.3%) | $1,475 – $2,129 | 437 |
| Studio | $2,003 | +$37 (+1.9%) | −$57 (-2.8%) | $1,853 – $2,053 | 20 |
| 1BR | $2,440 | +$85 (+3.6%) | +$20 (+0.8%) | $2,150 – $2,812 | 605 |
| 1BR | $2,295 | −$60 (-2.5%) | −$125 (-5.2%) | $2,268 – $2,364 | 23 |
| 2BR | $3,284 | −$15,711 (-82.7%) | +$58 (+1.8%) | $2,966 – $4,125 | 427 |
| 2BR | $3,177 | −$15,818 (-83.3%) | −$49 (-1.5%) | $3,055 – $3,230 | 11 |
| 3BR | $5,644 | +$1,794 (+46.6%) | +$1,769 (+45.7%) | $5,644 – $5,644 | 1 |
| 3BR | $3,900 | +$50 (+1.3%) | +$25 (+0.6%) | $3,500 – $5,022 | 79 |
| 4BR | $6,900 | +$900 (+15.0%) | — | $6,000 – $13,500 | 5 |
| 4BR | $6,900 | +$900 (+15.0%) | — | $6,000 – $13,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — February 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,930 | $1,750 | +$181 (+10.3%) |
| Studio | $2,003 | $1,750 | +$253 (+14.5%) |
| 1BR | $2,440 | $2,195 | +$245 (+11.2%) |
| 1BR | $2,295 | $2,195 | +$100 (+4.6%) |
| 2BR | $3,284 | $2,850 | +$434 (+15.2%) |
| 2BR | $3,177 | $2,850 | +$327 (+11.5%) |
| 3BR | $5,644 | $3,995 | +$1,649 (+41.3%) |
| 3BR | $3,900 | $3,995 | −$95 (-2.4%) |
| 4BR | $6,900 | $5,000 | +$1,900 (+38.0%) |
| 4BR | $6,900 | $5,000 | +$1,900 (+38.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.