Monthly Rent Report
Koreatown Rent Report — July 2021
Asking rents in ZIP 90020, Los Angeles, from 263 listings.
Median 1BR rent in Koreatown was $1,895 in July 2021, up 2.4% (+$45) from June 2021 and up 11.8% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,977. That puts Koreatown $50 above the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 263 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,849 | +$154 (+9.1%) | +$367 (+24.7%) | $1,795 – $1,892 | 13 |
| Studio | $1,395 | −$300 (-17.7%) | −$87 (-5.9%) | $1,295 – $1,409 | 64 |
| 1BR | $1,895 | +$45 (+2.4%) | +$200 (+11.8%) | $1,750 – $1,977 | 13 |
| 1BR | $1,795 | −$55 (-3.0%) | +$100 (+5.9%) | $1,650 – $1,825 | 114 |
| 2BR | $2,295 | −$207 (-8.3%) | −$180 (-7.3%) | $2,295 – $2,635 | 57 |
| 2BR | $2,630 | +$128 (+5.1%) | +$155 (+6.3%) | $2,613 – $2,648 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — July 2021
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,849 | $1,525 | +$324 (+21.2%) |
| Studio | $1,395 | $1,525 | −$130 (-8.5%) |
| 1BR | $1,895 | $1,845 | +$50 (+2.7%) |
| 1BR | $1,795 | $1,845 | −$50 (-2.7%) |
| 2BR | $2,295 | $2,529 | −$233 (-9.2%) |
| 2BR | $2,630 | $2,529 | +$102 (+4.0%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.