Monthly Rent Report
Koreatown Rent Report — December 2024
Asking rents in ZIP 90005, Los Angeles, from 105 listings.
Median 1BR rent in Koreatown was $2,150 in December 2024, down 9.3% (−$220) from November 2024 and down 6.8% year-over-year. The middle half of 1BR listings asked between $2,050 and $2,350. That puts Koreatown $83 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 105 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$50 (+2.6%) | +$596 (+42.6%) | $1,980 – $2,030 | 5 |
| Studio | $1,499 | −$446 (-22.9%) | +$100 (+7.1%) | $1,495 – $1,695 | 21 |
| 1BR | $2,150 | −$220 (-9.3%) | −$156 (-6.8%) | $2,050 – $2,350 | 25 |
| 1BR | $2,335 | −$35 (-1.5%) | +$29 (+1.3%) | $2,233 – $2,388 | 27 |
| 2BR | $2,723 | −$762 (-21.9%) | −$477 (-14.9%) | $2,595 – $2,818 | 16 |
| 2BR | $1,995 | −$1,490 (-42.8%) | −$1,205 (-37.7%) | $1,995 – $1,995 | 1 |
| 3BR | $3,325 | −$120 (-3.5%) | −$1,947 (-36.9%) | $3,325 – $3,513 | 7 |
| 3BR | $1,000 | −$2,445 (-71.0%) | −$4,272 (-81.0%) | $1,000 – $1,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — December 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,725 | +$270 (+15.7%) |
| Studio | $1,499 | $1,725 | −$226 (-13.1%) |
| 1BR | $2,150 | $2,068 | +$83 (+4.0%) |
| 1BR | $2,335 | $2,068 | +$268 (+12.9%) |
| 2BR | $2,723 | $2,750 | −$27 (-1.0%) |
| 2BR | $1,995 | $2,750 | −$755 (-27.5%) |
| 3BR | $3,325 | $3,995 | −$670 (-16.8%) |
| 3BR | $1,000 | $3,995 | −$2,995 (-75.0%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.