Monthly Rent Report
Koreatown Rent Report — February 2024
Asking rents in ZIP 90006, Los Angeles, from 737 listings.
Median 1BR rent in Koreatown was $2,223 in February 2024, up 41.1% (+$648) from January 2024 and down 13.7% year-over-year. The middle half of 1BR listings asked between $1,980 and $2,756. That puts Koreatown $28 above the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 737 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$100 (+7.2%) | $0 (0.0%) | $1,325 – $1,800 | 196 |
| Studio | $1,295 | −$100 (-7.2%) | −$200 (-13.4%) | $1,295 – $1,295 | 1 |
| 1BR | $2,223 | +$648 (+41.1%) | −$352 (-13.7%) | $1,980 – $2,756 | 272 |
| 1BR | $1,300 | −$275 (-17.5%) | −$1,275 (-49.5%) | $1,300 – $1,300 | 1 |
| 2BR | $2,658 | +$263 (+11.0%) | −$92 (-3.3%) | $2,300 – $2,917 | 171 |
| 2BR | $3,200 | +$805 (+33.6%) | +$450 (+16.4%) | $3,200 – $3,200 | 1 |
| 3BR | $3,500 | +$300 (+9.4%) | −$495 (-12.4%) | $3,200 – $4,000 | 51 |
| 3BR | $1,895 | −$1,305 (-40.8%) | −$2,100 (-52.6%) | $1,895 – $1,895 | 1 |
| 4BR | $3,795 | −$305 (-7.4%) | −$227 (-5.7%) | $3,500 – $3,795 | 29 |
| 4BR | $3,500 | −$600 (-14.6%) | −$522 (-13.0%) | $3,500 – $3,665 | 7 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — February 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,750 | −$254 (-14.5%) |
| Studio | $1,295 | $1,750 | −$454 (-26.0%) |
| 1BR | $2,223 | $2,195 | +$28 (+1.3%) |
| 1BR | $1,300 | $2,195 | −$895 (-40.8%) |
| 2BR | $2,658 | $2,850 | −$192 (-6.7%) |
| 2BR | $3,200 | $2,850 | +$350 (+12.3%) |
| 3BR | $3,500 | $3,995 | −$495 (-12.4%) |
| 3BR | $1,895 | $3,995 | −$2,100 (-52.6%) |
| 4BR | $3,795 | $5,000 | −$1,205 (-24.1%) |
| 4BR | $3,500 | $5,000 | −$1,500 (-30.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.