Monthly Rent Report
Koreatown Rent Report — July 2024
Asking rents in ZIP 90006, Los Angeles, from 66 listings.
Median 1BR rent in Koreatown was $1,450 in July 2024, down 23.5% (−$445) from June 2024 and down 35.2% year-over-year. The middle half of 1BR listings asked between $1,450 and $1,450. That puts Koreatown $645 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 66 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | −$100 (-7.0%) | −$137 (-9.4%) | $1,325 – $1,325 | 1 |
| Studio | $1,580 | +$155 (+10.9%) | +$118 (+8.0%) | $1,580 – $1,580 | 1 |
| 1BR | $1,450 | −$445 (-23.5%) | −$788 (-35.2%) | $1,450 – $1,450 | 2 |
| 1BR | $1,200 | −$695 (-36.7%) | −$1,038 (-46.4%) | $1,200 – $1,200 | 1 |
| 2BR | $2,850 | +$655 (+29.8%) | +$185 (+6.9%) | $2,850 – $2,850 | 3 |
| 2BR | $2,268 | +$73 (+3.3%) | −$397 (-14.9%) | $2,268 – $2,268 | 1 |
| 3BR | $2,759 | −$741 (-21.2%) | −$1,001 (-26.6%) | $2,604 – $2,913 | 2 |
| 3BR | $4,045 | +$545 (+15.6%) | +$285 (+7.6%) | $3,500 – $4,470 | 30 |
| 4BR | $2,500 | −$1,350 (-35.1%) | −$2,500 (-50.0%) | $1,215 – $4,106 | 12 |
| 4BR | $5,300 | +$1,450 (+37.7%) | +$300 (+6.0%) | $5,300 – $5,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — July 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,778 | −$453 (-25.5%) |
| Studio | $1,580 | $1,778 | −$198 (-11.1%) |
| 1BR | $1,450 | $2,095 | −$645 (-30.8%) |
| 1BR | $1,200 | $2,095 | −$895 (-42.7%) |
| 2BR | $2,850 | $2,835 | +$15 (+0.5%) |
| 2BR | $2,268 | $2,835 | −$567 (-20.0%) |
| 3BR | $2,759 | $3,900 | −$1,141 (-29.3%) |
| 3BR | $4,045 | $3,900 | +$145 (+3.7%) |
| 4BR | $2,500 | $5,270 | −$2,770 (-52.6%) |
| 4BR | $5,300 | $5,270 | +$30 (+0.6%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.