Monthly Rent Report

Koreatown Rent Report — June 2021

Asking rents in ZIP 90020, Los Angeles, from 335 listings.

Median 1BR rent in Koreatown was $1,850 in June 2021, up 3.1% (+$55) from May 2021 and up 7.4% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,865. That puts Koreatown $45 below the Los Angeles citywide 1BR median of $1,895. The month's figures are based on 335 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. May 2021Vs. June 2020P25–P75 RangeListings
Studio$1,395−$304 (-17.9%)−$65 (-4.5%)$1,300 – $3,03572
Studio$1,695−$4 (-0.3%)+$235 (+16.1%)$1,680 – $1,7366
1BR$1,850+$55 (+3.1%)+$128 (+7.4%)$1,795 – $1,8659
1BR$1,795$0 (0.0%)+$73 (+4.2%)$1,700 – $1,985123
2BR$2,915+$399 (+15.9%)+$538 (+22.6%)$2,511 – $4,015113
2BR$2,502−$14 (-0.6%)+$125 (+5.3%)$2,485 – $2,6207
3BR$2,895+$100 (+3.6%)−$255 (-8.1%)$2,870 – $2,9464
3BR$3,100+$305 (+10.9%)−$50 (-1.6%)$3,100 – $3,1001

Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.

Koreatown vs. Los AngelesJune 2021

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,395$1,495−$100 (-6.7%)
Studio$1,695$1,495+$200 (+13.4%)
1BR$1,850$1,895−$45 (-2.4%)
1BR$1,795$1,895−$100 (-5.3%)
2BR$2,915$2,400+$515 (+21.5%)
2BR$2,502$2,400+$102 (+4.3%)
3BR$2,895$3,300−$405 (-12.3%)
3BR$3,100$3,300−$200 (-6.1%)

Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in June 2021.

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