Monthly Rent Report

Koreatown Rent Report — October 2023

Asking rents in ZIP 90006, Los Angeles, from 95 listings.

Median 1BR rent in Koreatown was $1,850 in October 2023, down 2.4% (−$45) from September 2023 and down 16.2% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Koreatown $148 below the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 95 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2023Vs. October 2022P25–P75 RangeListings
Studio$1,748+$353 (+25.3%)+$323 (+22.6%)$1,574 – $1,9212
Studio$1,375−$20 (-1.4%)−$50 (-3.5%)$1,375 – $1,3751
1BR$1,850−$45 (-2.4%)−$358 (-16.2%)$1,850 – $1,8502
1BR$1,995+$100 (+5.3%)−$213 (-9.6%)$1,995 – $1,9951
2BR$2,100−$200 (-8.7%)−$1,106 (-34.5%)$2,100 – $2,1007
2BR$2,747+$447 (+19.4%)−$459 (-14.3%)$2,646 – $2,8846
3BR$3,295+$695 (+26.7%)+$795 (+31.8%)$2,850 – $3,50029
3BR$3,195+$595 (+22.9%)+$695 (+27.8%)$3,109 – $3,2594
4BR$4,400−$57 (-1.3%)+$250 (+6.0%)$4,400 – $4,4003
4BR$4,195−$262 (-5.9%)+$45 (+1.1%)$3,995 – $4,59932

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

Koreatown vs. Los AngelesOctober 2023

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,748$1,700+$48 (+2.8%)
Studio$1,375$1,700−$325 (-19.1%)
1BR$1,850$1,998−$147 (-7.4%)
1BR$1,995$1,998−$2 (-0.1%)
2BR$2,100$2,750−$650 (-23.6%)
2BR$2,747$2,750−$3 (-0.1%)
3BR$3,295$4,195−$900 (-21.5%)
3BR$3,195$4,195−$1,000 (-23.8%)
4BR$4,400$5,275−$875 (-16.6%)
4BR$4,195$5,275−$1,080 (-20.5%)

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

Advertisement