Monthly Rent Report
Koreatown Rent Report — May 2021
Asking rents in ZIP 90020, Los Angeles, from 358 listings.
Median 1BR rent in Koreatown was $1,795 in May 2021, down 2.1% (−$39) from April 2021 and up 2.6% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,825. That puts Koreatown in line with the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 358 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | +$300 (+21.4%) | +$190 (+12.5%) | $1,695 – $1,721 | 6 |
| Studio | $1,395 | −$5 (-0.4%) | −$115 (-7.6%) | $1,395 – $1,570 | 81 |
| 1BR | $1,795 | −$39 (-2.1%) | +$45 (+2.6%) | $1,750 – $1,825 | 148 |
| 1BR | $1,733 | −$101 (-5.5%) | −$17 (-1.0%) | $1,598 – $1,821 | 12 |
| 2BR | $2,516 | +$216 (+9.4%) | +$120 (+5.0%) | $2,295 – $2,878 | 103 |
| 2BR | $2,499 | +$199 (+8.7%) | +$103 (+4.3%) | $2,420 – $2,578 | 2 |
| 3BR | $2,795 | $0 (0.0%) | — | $2,795 – $2,795 | 2 |
| 3BR | $2,848 | +$53 (+1.9%) | — | $2,795 – $2,950 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — May 2021
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,521 | +$179 (+11.8%) |
| Studio | $1,395 | $1,521 | −$126 (-8.3%) |
| 1BR | $1,795 | $1,798 | −$3 (-0.2%) |
| 1BR | $1,733 | $1,798 | −$65 (-3.6%) |
| 2BR | $2,516 | $2,450 | +$66 (+2.7%) |
| 2BR | $2,499 | $2,450 | +$49 (+2.0%) |
| 3BR | $2,795 | $3,295 | −$500 (-15.2%) |
| 3BR | $2,848 | $3,295 | −$447 (-13.6%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.