Monthly Rent Report
Koreatown Rent Report — November 2023
Asking rents in ZIP 90006, Los Angeles, from 322 listings.
Median 1BR rent in Koreatown was $1,395 in November 2023, down 24.6% (−$455) from October 2023 and down 34.1% year-over-year. The middle half of 1BR listings asked between $1,395 and $1,545. That puts Koreatown $730 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 322 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | −$80 (-5.8%) | −$305 (-19.1%) | $1,295 – $1,473 | 3 |
| Studio | $1,570 | +$195 (+14.2%) | −$30 (-1.9%) | $1,570 – $1,570 | 10 |
| 1BR | $1,395 | −$455 (-24.6%) | −$721 (-34.1%) | $1,395 – $1,545 | 3 |
| 1BR | $1,995 | +$145 (+7.8%) | −$121 (-5.7%) | $1,698 – $2,523 | 247 |
| 2BR | $2,499 | −$248 (-9.0%) | −$361 (-12.6%) | $2,499 – $2,690 | 5 |
| 2BR | $2,731 | −$16 (-0.6%) | −$129 (-4.5%) | $2,697 – $2,767 | 4 |
| 3BR | $3,450 | +$255 (+8.0%) | +$851 (+32.7%) | $3,450 – $3,450 | 3 |
| 3BR | $3,300 | +$105 (+3.3%) | +$701 (+27.0%) | $3,300 – $3,300 | 1 |
| 4BR | $4,298 | +$103 (+2.4%) | −$1,205 (-21.9%) | $3,964 – $4,500 | 20 |
| 4BR | $4,298 | +$103 (+2.4%) | −$1,205 (-21.9%) | $3,964 – $4,500 | 20 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — November 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,775 | −$480 (-27.0%) |
| Studio | $1,570 | $1,775 | −$205 (-11.5%) |
| 1BR | $1,395 | $2,125 | −$730 (-34.4%) |
| 1BR | $1,995 | $2,125 | −$130 (-6.1%) |
| 2BR | $2,499 | $2,795 | −$296 (-10.6%) |
| 2BR | $2,731 | $2,795 | −$64 (-2.3%) |
| 3BR | $3,450 | $3,950 | −$500 (-12.7%) |
| 3BR | $3,300 | $3,950 | −$650 (-16.5%) |
| 4BR | $4,298 | $4,994 | −$696 (-13.9%) |
| 4BR | $4,298 | $4,994 | −$696 (-13.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.