Monthly Rent Report

Koreatown Rent Report — June 2023

Asking rents in ZIP 90006, Los Angeles, from 185 listings.

Median 1BR rent in Koreatown was $2,177 in June 2023, up 45.6% (+$682) from May 2023 and up 28.2% year-over-year. The middle half of 1BR listings asked between $1,884 and $2,600. That puts Koreatown $77 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 185 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2023Vs. June 2022P25–P75 RangeListings
Studio$1,450−$80 (-5.2%)+$51 (+3.6%)$1,399 – $1,69553
Studio$1,600+$70 (+4.6%)+$201 (+14.4%)$1,600 – $1,6001
1BR$2,177+$682 (+45.6%)+$479 (+28.2%)$1,884 – $2,60060
1BR$2,900+$1,405 (+94.0%)+$1,203 (+70.8%)$2,900 – $2,9001
2BR$2,195−$55 (-2.4%)−$869 (-28.4%)$2,195 – $2,1951
2BR$2,900+$650 (+28.9%)−$164 (-5.4%)$2,396 – $3,33846
3BR$2,100−$1,837 (-46.7%)−$2,410 (-53.4%)$2,100 – $2,1001
3BR$3,760−$177 (-4.5%)−$750 (-16.6%)$3,550 – $3,99510
4BR$6,170+$1,775 (+40.4%)+$1,858 (+43.1%)$6,170 – $6,1701
4BR$4,495+$100 (+2.3%)+$183 (+4.2%)$3,995 – $5,2894

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

Koreatown vs. Los AngelesJune 2023

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,450$1,758−$308 (-17.5%)
Studio$1,600$1,758−$158 (-9.0%)
1BR$2,177$2,100+$77 (+3.6%)
1BR$2,900$2,100+$800 (+38.1%)
2BR$2,195$2,900−$705 (-24.3%)
2BR$2,900$2,900$0 (0.0%)
3BR$2,100$3,850−$1,750 (-45.5%)
3BR$3,760$3,850−$90 (-2.3%)
4BR$6,170$5,100+$1,070 (+21.0%)
4BR$4,495$5,100−$605 (-11.9%)

Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.

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