Monthly Rent Report
Koreatown Rent Report — April 2024
Asking rents in ZIP 90005, Los Angeles, from 1,904 listings.
Median 1BR rent in Koreatown was $2,295 in April 2024, down 16.4% (−$450) from March 2024 and down 14.6% year-over-year. The middle half of 1BR listings asked between $2,275 and $2,390. That puts Koreatown $200 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 1,904 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,904 | −$71 (-3.6%) | +$4 (+0.2%) | $1,445 – $2,300 | 593 |
| Studio | $1,995 | +$20 (+1.0%) | +$95 (+5.0%) | $1,960 – $2,050 | 14 |
| 1BR | $2,295 | −$450 (-16.4%) | −$391 (-14.6%) | $2,275 – $2,390 | 25 |
| 1BR | $2,533 | −$212 (-7.7%) | −$154 (-5.7%) | $2,150 – $3,199 | 642 |
| 2BR | $3,135 | −$202 (-6.1%) | −$356 (-10.2%) | $3,055 – $3,210 | 4 |
| 2BR | $3,412 | +$75 (+2.2%) | −$79 (-2.3%) | $2,900 – $4,923 | 556 |
| 3BR | $5,624 | +$2,214 (+64.9%) | +$1,144 (+25.5%) | $5,144 – $8,982 | 5 |
| 3BR | $4,380 | +$970 (+28.4%) | −$100 (-2.2%) | $3,790 – $5,296 | 41 |
| 4BR | $11,900 | +$5,900 (+98.3%) | — | $10,375 – $11,900 | 4 |
| 4BR | $11,900 | +$5,900 (+98.3%) | — | $9,900 – $11,900 | 9 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — April 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,904 | $1,795 | +$109 (+6.1%) |
| Studio | $1,995 | $1,795 | +$200 (+11.1%) |
| 1BR | $2,295 | $2,095 | +$200 (+9.5%) |
| 1BR | $2,533 | $2,095 | +$438 (+20.9%) |
| 2BR | $3,135 | $2,833 | +$302 (+10.7%) |
| 2BR | $3,412 | $2,833 | +$579 (+20.4%) |
| 3BR | $5,624 | $3,950 | +$1,674 (+42.4%) |
| 3BR | $4,380 | $3,950 | +$430 (+10.9%) |
| 4BR | $11,900 | $4,999 | +$6,901 (+138.0%) |
| 4BR | $11,900 | $4,999 | +$6,901 (+138.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.