Monthly Rent Report
Koreatown Rent Report — November 2024
Asking rents in ZIP 90005, Los Angeles, from 102 listings.
Median 1BR rent in Koreatown was $2,400 in November 2024, down 0.7% (−$17) from October 2024 and up 33.7% year-over-year. The middle half of 1BR listings asked between $2,324 and $2,625. That puts Koreatown $328 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 102 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,945 | −$60 (-3.0%) | +$646 (+49.7%) | $1,920 – $2,015 | 13 |
| Studio | $1,525 | −$480 (-23.9%) | +$226 (+17.4%) | $1,295 – $1,963 | 40 |
| 1BR | $2,400 | −$17 (-0.7%) | +$605 (+33.7%) | $2,324 – $2,625 | 19 |
| 1BR | $2,370 | −$47 (-2.0%) | +$575 (+32.0%) | $2,308 – $2,430 | 11 |
| 2BR | $2,954 | −$136 (-4.4%) | −$1,086 (-26.9%) | $2,900 – $2,974 | 13 |
| 2BR | $3,485 | +$395 (+12.8%) | −$555 (-13.7%) | $3,483 – $3,488 | 2 |
| 3BR | $3,900 | +$627 (+19.2%) | −$1,336 (-25.5%) | $3,900 – $3,900 | 1 |
| 3BR | $3,445 | +$172 (+5.3%) | −$1,791 (-34.2%) | $3,445 – $3,445 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — November 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,945 | $1,750 | +$195 (+11.1%) |
| Studio | $1,525 | $1,750 | −$225 (-12.9%) |
| 1BR | $2,400 | $2,073 | +$328 (+15.8%) |
| 1BR | $2,370 | $2,073 | +$298 (+14.4%) |
| 2BR | $2,954 | $2,850 | +$104 (+3.6%) |
| 2BR | $3,485 | $2,850 | +$635 (+22.3%) |
| 3BR | $3,900 | $3,895 | +$5 (+0.1%) |
| 3BR | $3,445 | $3,895 | −$450 (-11.6%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.