Monthly Rent Report

Koreatown Rent Report — June 2024

Asking rents in ZIP 90006, Los Angeles, from 777 listings.

Median 1BR rent in Koreatown was $2,095 in June 2024, down 16.2% (−$405) from May 2024 and down 27.8% year-over-year. The middle half of 1BR listings asked between $1,795 and $2,340. That puts Koreatown in line with the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 777 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2024Vs. June 2023P25–P75 RangeListings
Studio$1,425+$228 (+19.0%)−$175 (-10.9%)$1,350 – $1,800247
Studio$1,295+$98 (+8.1%)−$305 (-19.1%)$1,295 – $1,2951
1BR$2,095−$405 (-16.2%)−$805 (-27.8%)$1,795 – $2,340291
1BR$1,895−$605 (-24.2%)−$1,005 (-34.7%)$1,895 – $1,8951
2BR$2,995+$545 (+22.2%)+$95 (+3.3%)$2,995 – $2,9951
2BR$2,195−$255 (-10.4%)−$705 (-24.3%)$2,195 – $2,1951
3BR$3,500$0 (0.0%)−$260 (-6.9%)$3,195 – $4,10063
3BR$2,995−$505 (-14.4%)−$765 (-20.3%)$2,995 – $2,9951
4BR$3,900−$1,100 (-22.0%)−$595 (-13.2%)$3,550 – $4,39553
4BR$3,850−$1,150 (-23.0%)−$645 (-14.3%)$2,938 – $4,39556

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

Koreatown vs. Los AngelesJune 2024

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,425$1,759−$334 (-19.0%)
Studio$1,295$1,759−$464 (-26.4%)
1BR$2,095$2,100−$5 (-0.2%)
1BR$1,895$2,100−$205 (-9.8%)
2BR$2,995$2,885+$110 (+3.8%)
2BR$2,195$2,885−$690 (-23.9%)
3BR$3,500$3,900−$400 (-10.3%)
3BR$2,995$3,900−$905 (-23.2%)
4BR$3,900$5,000−$1,100 (-22.0%)
4BR$3,850$5,000−$1,150 (-23.0%)

Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.

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