Monthly Rent Report
Koreatown Rent Report — March 2022
Asking rents in ZIP 90020, Los Angeles, from 6 listings.
Median 1BR rent in Koreatown was $1,695 in March 2022, up 13.0% (+$195) from February 2022 and down 5.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Koreatown $205 below the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 6 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,150 | +$825 (+62.3%) | +$755 (+54.1%) | $2,000 – $2,223 | 3 |
| 1BR | $1,695 | +$195 (+13.0%) | −$100 (-5.6%) | $1,695 – $1,695 | 1 |
| 2BR | $3,988 | +$1,258 (+46.1%) | +$1,758 (+78.8%) | $3,736 – $4,239 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — March 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,150 | $1,600 | +$550 (+34.4%) |
| 1BR | $1,695 | $1,900 | −$205 (-10.8%) |
| 2BR | $3,988 | $2,775 | +$1,213 (+43.7%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.