Monthly Rent Report
Koreatown Rent Report — December 2023
Asking rents in ZIP 90006, Los Angeles, from 100 listings.
Median 1BR rent in Koreatown was $2,295 in December 2023, up 64.5% (+$900) from November 2023 and up 7.9% year-over-year. The middle half of 1BR listings asked between $2,045 and $2,545. That puts Koreatown $166 above the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 100 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | +$330 (+25.5%) | +$201 (+14.1%) | $1,460 – $1,638 | 3 |
| Studio | $1,850 | +$555 (+42.9%) | +$426 (+29.9%) | $1,850 – $1,850 | 9 |
| 1BR | $2,295 | +$900 (+64.5%) | +$168 (+7.9%) | $2,045 – $2,545 | 2 |
| 1BR | $1,300 | −$95 (-6.8%) | −$827 (-38.9%) | $1,300 – $1,300 | 1 |
| 2BR | $2,395 | −$104 (-4.2%) | −$130 (-5.1%) | $2,324 – $2,549 | 6 |
| 2BR | $1,999 | −$500 (-20.0%) | −$526 (-20.8%) | $1,999 – $1,999 | 1 |
| 3BR | $3,200 | −$100 (-3.0%) | −$250 (-7.2%) | $3,200 – $3,200 | 1 |
| 3BR | $3,900 | +$600 (+18.2%) | +$450 (+13.0%) | $3,450 – $4,045 | 49 |
| 4BR | $3,700 | −$597 (-13.9%) | −$450 (-10.8%) | $3,700 – $3,771 | 6 |
| 4BR | $3,795 | −$502 (-11.7%) | −$355 (-8.6%) | $3,700 – $3,795 | 10 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — December 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $1,750 | −$125 (-7.1%) |
| Studio | $1,850 | $1,750 | +$100 (+5.7%) |
| 1BR | $2,295 | $2,129 | +$166 (+7.8%) |
| 1BR | $1,300 | $2,129 | −$829 (-38.9%) |
| 2BR | $2,395 | $2,795 | −$400 (-14.3%) |
| 2BR | $1,999 | $2,795 | −$796 (-28.5%) |
| 3BR | $3,200 | $3,923 | −$722 (-18.4%) |
| 3BR | $3,900 | $3,923 | −$22 (-0.6%) |
| 4BR | $3,700 | $4,750 | −$1,050 (-22.1%) |
| 4BR | $3,795 | $4,750 | −$955 (-20.1%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.