Monthly Rent Report

Koreatown Rent Report — April 2024

Asking rents in ZIP 90006, Los Angeles, from 725 listings.

Median 1BR rent in Koreatown was $2,152 in April 2024, up 10.4% (+$202) from March 2024 and up 39.3% year-over-year. The middle half of 1BR listings asked between $1,980 and $2,600. That puts Koreatown $57 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 725 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. March 2024Vs. April 2023P25–P75 RangeListings
Studio$1,425+$125 (+9.6%)−$25 (-1.7%)$1,425 – $1,4255
Studio$1,450+$150 (+11.5%)$0 (0.0%)$1,295 – $1,625175
1BR$2,152+$202 (+10.4%)+$607 (+39.3%)$1,980 – $2,600233
1BR$1,495−$455 (-23.3%)−$50 (-3.2%)$1,473 – $1,6953
2BR$3,057+$789 (+34.8%)+$860 (+39.1%)$3,057 – $3,0571
2BR$2,653+$385 (+17.0%)+$456 (+20.7%)$2,326 – $3,052161
3BR$3,500−$95 (-2.6%)+$100 (+2.9%)$3,125 – $4,04532
3BR$3,500−$95 (-2.6%)+$100 (+2.9%)$3,050 – $3,99545
4BR$3,695+$30 (+0.8%)−$530 (-12.5%)$3,599 – $3,75819
4BR$3,758+$93 (+2.5%)−$467 (-11.1%)$3,599 – $4,20025

Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.

Koreatown vs. Los AngelesApril 2024

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,425$1,795−$370 (-20.6%)
Studio$1,450$1,795−$345 (-19.2%)
1BR$2,152$2,095+$57 (+2.7%)
1BR$1,495$2,095−$600 (-28.6%)
2BR$3,057$2,833+$224 (+7.9%)
2BR$2,653$2,833−$180 (-6.3%)
3BR$3,500$3,950−$450 (-11.4%)
3BR$3,500$3,950−$450 (-11.4%)
4BR$3,695$4,999−$1,304 (-26.1%)
4BR$3,758$4,999−$1,241 (-24.8%)

Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.

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