Monthly Rent Report
Koreatown Rent Report — March 2023
Asking rents in ZIP 90006, Los Angeles, from 488 listings.
Median 1BR rent in Koreatown was $2,250 in March 2023, flat versus February 2023 and down 4.3% year-over-year. The middle half of 1BR listings asked between $1,950 and $2,700. That puts Koreatown $153 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 488 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$695 (-31.7%) | −$895 (-37.4%) | $1,391 – $1,625 | 158 |
| Studio | $1,595 | −$595 (-27.2%) | −$795 (-33.3%) | $1,412 – $1,750 | 12 |
| 1BR | $2,250 | $0 (0.0%) | −$100 (-4.3%) | $1,950 – $2,700 | 161 |
| 1BR | $1,750 | −$500 (-22.2%) | −$600 (-25.5%) | $1,750 – $1,750 | 1 |
| 2BR | $2,730 | +$480 (+21.3%) | −$26 (-1.0%) | $2,690 – $2,769 | 2 |
| 2BR | $2,825 | +$575 (+25.6%) | +$69 (+2.5%) | $2,361 – $3,122 | 94 |
| 3BR | $3,800 | −$195 (-4.9%) | +$305 (+8.7%) | $3,050 – $3,995 | 19 |
| 3BR | $2,795 | −$1,200 (-30.0%) | −$700 (-20.0%) | $2,795 – $2,795 | 1 |
| 4BR | $4,225 | +$203 (+5.0%) | +$225 (+5.6%) | $3,900 – $4,590 | 13 |
| 4BR | $4,225 | +$203 (+5.0%) | +$225 (+5.6%) | $4,195 – $4,225 | 9 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — March 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,745 | −$250 (-14.3%) |
| Studio | $1,595 | $1,745 | −$150 (-8.6%) |
| 1BR | $2,250 | $2,097 | +$153 (+7.3%) |
| 1BR | $1,750 | $2,097 | −$347 (-16.5%) |
| 2BR | $2,730 | $2,750 | −$20 (-0.7%) |
| 2BR | $2,825 | $2,750 | +$75 (+2.7%) |
| 3BR | $3,800 | $3,923 | −$122 (-3.1%) |
| 3BR | $2,795 | $3,923 | −$1,127 (-28.7%) |
| 4BR | $4,225 | $4,760 | −$535 (-11.2%) |
| 4BR | $4,225 | $4,760 | −$535 (-11.2%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.