Monthly Rent Report
Koreatown Rent Report — August 2024
Asking rents in ZIP 90006, Los Angeles, from 39 listings.
Median 1BR rent in Koreatown was $1,690 in August 2024, up 40.8% (+$490) from July 2024 and down 8.4% year-over-year. The middle half of 1BR listings asked between $1,628 and $1,753. That puts Koreatown $405 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 39 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,415 | +$90 (+6.8%) | −$184 (-11.5%) | $1,415 – $1,415 | 5 |
| 1BR | $1,690 | +$490 (+40.8%) | −$155 (-8.4%) | $1,628 – $1,753 | 2 |
| 2BR | $2,688 | −$162 (-5.7%) | −$62 (-2.3%) | $2,688 – $2,688 | 1 |
| 2BR | $2,725 | −$125 (-4.4%) | −$25 (-0.9%) | $2,725 – $2,725 | 3 |
| 3BR | $3,500 | −$545 (-13.5%) | $0 (0.0%) | $3,225 – $3,700 | 7 |
| 4BR | $4,195 | −$1,105 (-20.8%) | −$654 (-13.5%) | $3,912 – $4,400 | 17 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — August 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,415 | $1,750 | −$335 (-19.1%) |
| 1BR | $1,690 | $2,095 | −$405 (-19.3%) |
| 2BR | $2,688 | $2,795 | −$107 (-3.8%) |
| 2BR | $2,725 | $2,795 | −$70 (-2.5%) |
| 3BR | $3,500 | $4,000 | −$500 (-12.5%) |
| 4BR | $4,195 | $4,895 | −$700 (-14.3%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.