Monthly Rent Report

Koreatown Rent Report — November 2024

Asking rents in ZIP 90006, Los Angeles, from 70 listings.

Median 1BR rent in Koreatown was $1,895 in November 2024, down 0.3% (−$5) from October 2024 and down 5.0% year-over-year. The middle half of 1BR listings asked between $1,785 and $2,400. That puts Koreatown $178 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 70 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2024Vs. November 2023P25–P75 RangeListings
Studio$1,230−$415 (-25.2%)−$340 (-21.7%)$1,230 – $1,23013
Studio$1,448−$197 (-12.0%)−$122 (-7.8%)$1,421 – $1,4742
1BR$1,895−$5 (-0.3%)−$100 (-5.0%)$1,785 – $2,40023
1BR$2,038+$138 (+7.3%)+$43 (+2.2%)$2,038 – $2,0381
2BR$2,630+$208 (+8.6%)+$131 (+5.2%)$2,630 – $2,63010
2BR$2,910+$488 (+20.1%)+$411 (+16.4%)$2,910 – $2,9101
3BR$3,774−$42 (-1.1%)+$324 (+9.4%)$3,677 – $4,3064
3BR$4,997+$1,181 (+30.9%)+$1,547 (+44.8%)$4,402 – $5,2413
4BR$4,098−$2,077 (-33.6%)−$200 (-4.7%)$3,845 – $5,2634
4BR$4,098−$2,077 (-33.6%)−$200 (-4.7%)$3,845 – $5,2634

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

Koreatown vs. Los AngelesNovember 2024

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,230$1,750−$520 (-29.7%)
Studio$1,448$1,750−$302 (-17.3%)
1BR$1,895$2,073−$177 (-8.6%)
1BR$2,038$2,073−$34 (-1.7%)
2BR$2,630$2,850−$220 (-7.7%)
2BR$2,910$2,850+$60 (+2.1%)
3BR$3,774$3,895−$121 (-3.1%)
3BR$4,997$3,895+$1,102 (+28.3%)
4BR$4,098$5,220−$1,122 (-21.5%)
4BR$4,098$5,220−$1,122 (-21.5%)

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

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