Monthly Rent Report
Koreatown Rent Report — January 2022
Asking rents in ZIP 90020, Los Angeles, from 18 listings.
Median 1BR rent in Koreatown was $2,500 in January 2022, up 25.3% (+$505) from December 2021 and up 39.3% year-over-year. The middle half of 1BR listings asked between $2,311 and $2,550. That puts Koreatown $620 above the Los Angeles citywide 1BR median of $1,880. The month's figures are based on 18 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2021 | Vs. January 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,348 | −$47 (-3.4%) | −$266 (-16.5%) | $1,324 – $1,371 | 2 |
| Studio | $1,295 | −$100 (-7.2%) | −$319 (-19.8%) | $1,295 – $1,295 | 5 |
| 1BR | $2,500 | +$505 (+25.3%) | +$705 (+39.3%) | $2,311 – $2,550 | 4 |
| 1BR | $1,995 | $0 (0.0%) | +$200 (+11.1%) | $1,950 – $1,995 | 5 |
| 2BR | $2,395 | −$141 (-5.6%) | −$150 (-5.9%) | $2,395 – $2,395 | 1 |
| 3BR | $2,950 | −$2,045 (-40.9%) | −$550 (-15.7%) | $2,950 – $2,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — January 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,348 | $1,500 | −$152 (-10.2%) |
| Studio | $1,295 | $1,500 | −$205 (-13.7%) |
| 1BR | $2,500 | $1,880 | +$620 (+33.0%) |
| 1BR | $1,995 | $1,880 | +$115 (+6.1%) |
| 2BR | $2,395 | $2,584 | −$189 (-7.3%) |
| 3BR | $2,950 | $3,750 | −$800 (-21.3%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in January 2022.