Monthly Rent Report

Koreatown Rent Report — February 2023

Asking rents in ZIP 90006, Los Angeles, from 306 listings.

Median 1BR rent in Koreatown was $2,250 in February 2023, down 14.3% (−$375) from January 2023 and up 3.5% year-over-year. The middle half of 1BR listings asked between $2,030 and $2,800. That puts Koreatown $125 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 306 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. January 2023Vs. February 2022P25–P75 RangeListings
Studio$2,190+$740 (+51.0%)+$795 (+57.0%)$2,190 – $2,3703
Studio$1,495+$45 (+3.1%)+$100 (+7.2%)$1,395 – $1,69585
1BR$2,250−$375 (-14.3%)+$76 (+3.5%)$2,030 – $2,80079
1BR$2,575−$50 (-1.9%)+$401 (+18.4%)$2,500 – $2,7009
2BR$2,250−$95 (-4.1%)−$450 (-16.7%)$2,250 – $2,2501
2BR$2,750+$405 (+17.3%)+$50 (+1.9%)$2,400 – $3,10873
3BR$3,900+$400 (+11.4%)+$603 (+18.3%)$3,500 – $3,90029
3BR$3,995+$495 (+14.1%)+$698 (+21.2%)$3,995 – $3,9951
4BR$3,895−$305 (-7.3%)$2,558 – $4,1737
4BR$4,023−$177 (-4.2%)$3,820 – $4,1846

Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.

Koreatown vs. Los AngelesFebruary 2023

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$2,190$1,795+$395 (+22.0%)
Studio$1,495$1,795−$300 (-16.7%)
1BR$2,250$2,125+$125 (+5.9%)
1BR$2,575$2,125+$450 (+21.2%)
2BR$2,250$2,773−$523 (-18.9%)
2BR$2,750$2,773−$23 (-0.8%)
3BR$3,900$3,850+$50 (+1.3%)
3BR$3,995$3,850+$145 (+3.8%)
4BR$3,895$4,695−$800 (-17.0%)
4BR$4,023$4,695−$672 (-14.3%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.

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