Monthly Rent Report
Koreatown Rent Report — August 2021
Asking rents in ZIP 90020, Los Angeles, from 207 listings.
Median 1BR rent in Koreatown was $1,795 in August 2021, flat versus July 2021 and up 5.9% year-over-year. The middle half of 1BR listings asked between $1,658 and $1,800. That puts Koreatown $68 below the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 207 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$454 (-24.6%) | −$55 (-3.8%) | $1,284 – $1,500 | 62 |
| Studio | $1,659 | −$190 (-10.3%) | +$209 (+14.4%) | $1,504 – $1,813 | 2 |
| 1BR | $1,795 | $0 (0.0%) | +$100 (+5.9%) | $1,658 – $1,800 | 79 |
| 1BR | $1,875 | +$80 (+4.5%) | +$180 (+10.6%) | $1,623 – $1,985 | 7 |
| 2BR | $2,949 | +$654 (+28.5%) | +$627 (+27.0%) | $2,778 – $2,972 | 3 |
| 2BR | $2,295 | $0 (0.0%) | −$27 (-1.2%) | $2,295 – $2,474 | 51 |
| 3BR | $3,400 | — | +$660 (+24.1%) | $3,400 – $3,400 | 1 |
| 3BR | $3,800 | — | +$1,060 (+38.7%) | $3,800 – $3,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — August 2021
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,549 | −$153 (-9.9%) |
| Studio | $1,659 | $1,549 | +$110 (+7.1%) |
| 1BR | $1,795 | $1,863 | −$67 (-3.6%) |
| 1BR | $1,875 | $1,863 | +$13 (+0.7%) |
| 2BR | $2,949 | $2,680 | +$269 (+10.0%) |
| 2BR | $2,295 | $2,680 | −$385 (-14.4%) |
| 3BR | $3,400 | $3,595 | −$195 (-5.4%) |
| 3BR | $3,800 | $3,595 | +$205 (+5.7%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.