Monthly Rent Report

Koreatown Rent Report — August 2022

Asking rents in ZIP 90006, Los Angeles, from 242 listings.

Median 1BR rent in Koreatown was $2,400 in August 2022, up 6.7% (+$151) from July 2022 and up 37.3% year-over-year. The middle half of 1BR listings asked between $1,895 and $2,800. That puts Koreatown $305 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 242 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2022Vs. August 2021P25–P75 RangeListings
Studio$1,520−$227 (-13.0%)+$320 (+26.7%)$1,350 – $2,10134
Studio$1,825+$78 (+4.4%)+$625 (+52.1%)$1,550 – $2,1814
1BR$2,400+$151 (+6.7%)+$652 (+37.3%)$1,895 – $2,800106
1BR$2,198−$51 (-2.3%)+$450 (+25.7%)$2,109 – $2,24412
2BR$3,099+$799 (+34.7%)−$12 (-0.4%)$3,032 – $3,1553
2BR$3,108+$808 (+35.1%)−$3 (-0.1%)$2,595 – $3,43655
3BR$3,500$0 (0.0%)−$950 (-21.3%)$3,500 – $3,5001
3BR$3,400−$100 (-2.9%)−$1,050 (-23.6%)$3,300 – $3,6007
4BR$4,590−$405 (-8.1%)−$2,905 (-38.8%)$4,312 – $4,5905
4BR$4,590−$405 (-8.1%)−$2,905 (-38.8%)$4,590 – $4,5901

Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.

Koreatown vs. Los AngelesAugust 2022

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,520$1,773−$252 (-14.2%)
Studio$1,825$1,773+$53 (+3.0%)
1BR$2,400$2,095+$305 (+14.6%)
1BR$2,198$2,095+$103 (+4.9%)
2BR$3,099$2,880+$219 (+7.6%)
2BR$3,108$2,880+$228 (+7.9%)
3BR$3,500$3,795−$295 (-7.8%)
3BR$3,400$3,795−$395 (-10.4%)
4BR$4,590$5,200−$610 (-11.7%)
4BR$4,590$5,200−$610 (-11.7%)

Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.

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