Monthly Rent Report
Koreatown Rent Report — September 2024
Asking rents in ZIP 90005, Los Angeles, from 48 listings.
Median 1BR rent in Koreatown was $2,406 in September 2024, up 1.5% (+$36) from August 2024 and up 3.0% year-over-year. The middle half of 1BR listings asked between $2,406 and $2,406. That puts Koreatown $408 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 48 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$635 (-29.8%) | −$474 (-24.1%) | $1,442 – $1,497 | 3 |
| Studio | $2,100 | −$30 (-1.4%) | +$131 (+6.7%) | $2,018 – $2,175 | 19 |
| 1BR | $2,406 | +$36 (+1.5%) | +$69 (+3.0%) | $2,406 – $2,406 | 1 |
| 1BR | $2,463 | +$93 (+3.9%) | +$126 (+5.4%) | $2,316 – $2,536 | 12 |
| 2BR | $3,482 | −$10 (-0.3%) | −$1,205 (-25.7%) | $3,432 – $3,562 | 5 |
| 2BR | $2,695 | −$797 (-22.8%) | −$1,992 (-42.5%) | $2,695 – $2,934 | 4 |
| 3BR | $3,450 | −$1,045 (-23.2%) | −$4,117 (-54.4%) | $3,450 – $3,450 | 1 |
| 3BR | $3,800 | −$695 (-15.5%) | −$3,767 (-49.8%) | $3,800 – $3,800 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — September 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,755 | −$260 (-14.8%) |
| Studio | $2,100 | $1,755 | +$345 (+19.7%) |
| 1BR | $2,406 | $1,999 | +$408 (+20.4%) |
| 1BR | $2,463 | $1,999 | +$464 (+23.2%) |
| 2BR | $3,482 | $2,795 | +$687 (+24.6%) |
| 2BR | $2,695 | $2,795 | −$100 (-3.6%) |
| 3BR | $3,450 | $3,850 | −$400 (-10.4%) |
| 3BR | $3,800 | $3,850 | −$50 (-1.3%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.