Monthly Rent Report
Koreatown Rent Report — October 2024
Asking rents in ZIP 90005, Los Angeles, from 161 listings.
Median 1BR rent in Koreatown was $2,195 in October 2024, down 10.9% (−$267) from September 2024 and up 19.0% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,492. That puts Koreatown $184 above the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 161 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,005 | −$95 (-4.5%) | +$455 (+29.4%) | $1,353 – $2,184 | 8 |
| Studio | $1,675 | −$425 (-20.2%) | +$125 (+8.1%) | $1,396 – $2,019 | 38 |
| 1BR | $2,195 | −$267 (-10.9%) | +$350 (+19.0%) | $1,995 – $2,492 | 38 |
| 1BR | $2,418 | −$45 (-1.8%) | +$573 (+31.0%) | $2,368 – $2,511 | 20 |
| 2BR | $3,435 | +$740 (+27.5%) | −$1,527 (-30.8%) | $3,435 – $3,435 | 1 |
| 2BR | $3,090 | +$395 (+14.7%) | −$1,872 (-37.7%) | $2,917 – $3,260 | 51 |
| 3BR | $3,273 | −$177 (-5.1%) | −$2,522 (-43.5%) | $3,273 – $3,273 | 1 |
| 4BR | $6,000 | — | −$1,500 (-20.0%) | $6,000 – $6,000 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — October 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,005 | $1,700 | +$305 (+17.9%) |
| Studio | $1,675 | $1,700 | −$25 (-1.5%) |
| 1BR | $2,195 | $2,011 | +$184 (+9.1%) |
| 1BR | $2,418 | $2,011 | +$406 (+20.2%) |
| 2BR | $3,435 | $2,727 | +$708 (+26.0%) |
| 2BR | $3,090 | $2,727 | +$363 (+13.3%) |
| 3BR | $3,273 | $3,816 | −$543 (-14.2%) |
| 4BR | $6,000 | $5,225 | +$775 (+14.8%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.