Monthly Rent Report
Koreatown Rent Report — April 2023
Asking rents in ZIP 90006, Los Angeles, from 464 listings.
Median 1BR rent in Koreatown was $1,545 in April 2023, down 31.3% (−$705) from March 2023 and down 32.1% year-over-year. The middle half of 1BR listings asked between $1,498 and $1,695. That puts Koreatown $552 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 464 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | $0 (0.0%) | +$48 (+3.3%) | $1,399 – $1,675 | 133 |
| Studio | $1,450 | −$45 (-3.0%) | +$3 (+0.2%) | $1,125 – $1,625 | 3 |
| 1BR | $1,545 | −$705 (-31.3%) | −$729 (-32.1%) | $1,498 – $1,695 | 3 |
| 1BR | $2,224 | −$26 (-1.2%) | −$50 (-2.2%) | $1,945 – $2,725 | 160 |
| 2BR | $2,198 | −$627 (-22.2%) | −$597 (-21.4%) | $2,196 – $2,199 | 2 |
| 2BR | $3,066 | +$241 (+8.5%) | +$271 (+9.7%) | $2,498 – $3,350 | 87 |
| 3BR | $3,400 | −$400 (-10.5%) | −$95 (-2.7%) | $3,200 – $3,900 | 20 |
| 3BR | $3,400 | −$400 (-10.5%) | −$95 (-2.7%) | $3,200 – $3,900 | 20 |
| 4BR | $4,225 | $0 (0.0%) | +$225 (+5.6%) | $3,650 – $5,135 | 11 |
| 4BR | $4,225 | $0 (0.0%) | +$225 (+5.6%) | $3,650 – $5,135 | 11 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — April 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,775 | −$280 (-15.8%) |
| Studio | $1,450 | $1,775 | −$325 (-18.3%) |
| 1BR | $1,545 | $2,097 | −$552 (-26.3%) |
| 1BR | $2,224 | $2,097 | +$127 (+6.1%) |
| 2BR | $2,198 | $2,795 | −$597 (-21.4%) |
| 2BR | $3,066 | $2,795 | +$271 (+9.7%) |
| 3BR | $3,400 | $3,895 | −$495 (-12.7%) |
| 3BR | $3,400 | $3,895 | −$495 (-12.7%) |
| 4BR | $4,225 | $4,970 | −$745 (-15.0%) |
| 4BR | $4,225 | $4,970 | −$745 (-15.0%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.