Monthly Rent Report
Koreatown Rent Report — July 2024
Asking rents in ZIP 90005, Los Angeles, from 429 listings.
Median 1BR rent in Koreatown was $2,443 in July 2024, down 2.7% (−$67) from June 2024 and down 2.0% year-over-year. The middle half of 1BR listings asked between $2,376 and $2,545. That puts Koreatown $348 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 429 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,419 | +$269 (+12.5%) | +$400 (+19.8%) | $2,419 – $2,419 | 1 |
| Studio | $2,173 | +$23 (+1.0%) | +$154 (+7.6%) | $2,111 – $2,221 | 8 |
| 1BR | $2,443 | −$67 (-2.7%) | −$49 (-2.0%) | $2,376 – $2,545 | 32 |
| 1BR | $2,885 | +$375 (+14.9%) | +$393 (+15.8%) | $2,781 – $2,956 | 4 |
| 2BR | $3,179 | −$108 (-3.3%) | −$128 (-3.9%) | $3,106 – $3,315 | 10 |
| 2BR | $3,737 | +$450 (+13.7%) | +$430 (+13.0%) | $3,287 – $4,917 | 350 |
| 3BR | $4,550 | −$705 (-13.4%) | −$1,382 (-23.3%) | $3,763 – $5,516 | 18 |
| 3BR | $3,700 | −$1,555 (-29.6%) | −$2,232 (-37.6%) | $3,700 – $3,700 | 1 |
| 4BR | $5,700 | $0 (0.0%) | −$10,800 (-65.5%) | $5,700 – $5,700 | 1 |
| 4BR | $5,700 | $0 (0.0%) | −$10,800 (-65.5%) | $5,700 – $5,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — July 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,419 | $1,778 | +$641 (+36.0%) |
| Studio | $2,173 | $1,778 | +$394 (+22.2%) |
| 1BR | $2,443 | $2,095 | +$348 (+16.6%) |
| 1BR | $2,885 | $2,095 | +$790 (+37.7%) |
| 2BR | $3,179 | $2,835 | +$344 (+12.1%) |
| 2BR | $3,737 | $2,835 | +$902 (+31.8%) |
| 3BR | $4,550 | $3,900 | +$650 (+16.7%) |
| 3BR | $3,700 | $3,900 | −$200 (-5.1%) |
| 4BR | $5,700 | $5,270 | +$430 (+8.2%) |
| 4BR | $5,700 | $5,270 | +$430 (+8.2%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.