Monthly Rent Report
Koreatown Rent Report — September 2023
Asking rents in ZIP 90006, Los Angeles, from 63 listings.
Median 1BR rent in Koreatown was $1,895 in September 2023, up 2.7% (+$50) from August 2023 and down 20.7% year-over-year. The middle half of 1BR listings asked between $1,750 and $2,150. That puts Koreatown $105 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 63 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$555 (-28.5%) | −$104 (-7.0%) | $1,395 – $1,395 | 1 |
| Studio | $1,513 | −$437 (-22.4%) | +$13 (+0.9%) | $1,418 – $1,695 | 20 |
| 1BR | $1,895 | +$50 (+2.7%) | −$495 (-20.7%) | $1,750 – $2,150 | 23 |
| 1BR | $1,489 | −$356 (-19.3%) | −$901 (-37.7%) | $1,432 – $1,496 | 4 |
| 2BR | $1,678 | −$1,072 (-39.0%) | −$1,463 (-46.6%) | $1,604 – $1,751 | 2 |
| 2BR | $2,300 | −$450 (-16.4%) | −$841 (-26.8%) | $2,300 – $2,375 | 4 |
| 3BR | $2,600 | −$875 (-25.2%) | −$595 (-18.6%) | $2,600 – $2,600 | 1 |
| 3BR | $2,600 | −$875 (-25.2%) | −$595 (-18.6%) | $2,600 – $2,600 | 1 |
| 4BR | $4,458 | −$392 (-8.1%) | −$132 (-2.9%) | $4,289 – $4,626 | 2 |
| 4BR | $3,995 | −$854 (-17.6%) | −$595 (-13.0%) | $3,995 – $4,248 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — September 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,795 | −$400 (-22.3%) |
| Studio | $1,513 | $1,795 | −$282 (-15.7%) |
| 1BR | $1,895 | $2,000 | −$105 (-5.3%) |
| 1BR | $1,489 | $2,000 | −$511 (-25.6%) |
| 2BR | $1,678 | $2,750 | −$1,072 (-39.0%) |
| 2BR | $2,300 | $2,750 | −$450 (-16.4%) |
| 3BR | $2,600 | $3,948 | −$1,347 (-34.1%) |
| 3BR | $2,600 | $3,948 | −$1,347 (-34.1%) |
| 4BR | $4,458 | $5,000 | −$542 (-10.8%) |
| 4BR | $3,995 | $5,000 | −$1,005 (-20.1%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.