Monthly Rent Report
Koreatown Rent Report — January 2024
Asking rents in ZIP 90006, Los Angeles, from 299 listings.
Median 1BR rent in Koreatown was $2,040 in January 2024, down 11.1% (−$255) from December 2023 and down 22.3% year-over-year. The middle half of 1BR listings asked between $1,795 and $2,211. That puts Koreatown $57 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 299 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,599 | −$251 (-13.6%) | +$99 (+6.6%) | $1,599 – $1,599 | 1 |
| Studio | $1,395 | −$455 (-24.6%) | −$105 (-7.0%) | $1,295 – $1,510 | 95 |
| 1BR | $2,040 | −$255 (-11.1%) | −$585 (-22.3%) | $1,795 – $2,211 | 84 |
| 1BR | $1,575 | −$720 (-31.4%) | −$1,050 (-40.0%) | $1,338 – $1,813 | 2 |
| 2BR | $2,660 | +$661 (+33.1%) | +$315 (+13.4%) | $2,284 – $3,395 | 60 |
| 2BR | $2,395 | +$396 (+19.8%) | +$50 (+2.1%) | $2,395 – $2,395 | 2 |
| 3BR | $3,150 | −$750 (-19.2%) | −$845 (-21.2%) | $3,054 – $3,425 | 10 |
| 3BR | $3,200 | −$700 (-17.9%) | −$795 (-19.9%) | $3,050 – $3,500 | 36 |
| 4BR | $4,100 | +$305 (+8.0%) | −$100 (-2.4%) | $4,100 – $4,100 | 6 |
| 4BR | $4,100 | +$305 (+8.0%) | −$100 (-2.4%) | $4,100 – $4,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — January 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,599 | $1,750 | −$151 (-8.6%) |
| Studio | $1,395 | $1,750 | −$355 (-20.3%) |
| 1BR | $2,040 | $2,097 | −$56 (-2.7%) |
| 1BR | $1,575 | $2,097 | −$521 (-24.9%) |
| 2BR | $2,660 | $2,795 | −$135 (-4.8%) |
| 2BR | $2,395 | $2,795 | −$400 (-14.3%) |
| 3BR | $3,150 | $3,950 | −$800 (-20.3%) |
| 3BR | $3,200 | $3,950 | −$750 (-19.0%) |
| 4BR | $4,100 | $5,200 | −$1,100 (-21.2%) |
| 4BR | $4,100 | $5,200 | −$1,100 (-21.2%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.