Monthly Rent Report
Koreatown Rent Report — April 2022
Asking rents in ZIP 90020, Los Angeles, from 19 listings.
Median 1BR rent in Koreatown was $2,600 in April 2022, up 53.4% (+$905) from March 2022 and up 41.8% year-over-year. The middle half of 1BR listings asked between $2,600 and $2,600. That puts Koreatown $562 above the Los Angeles citywide 1BR median of $2,038. The month's figures are based on 19 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,448 | −$702 (-32.7%) | −$347 (-19.4%) | $1,424 – $1,471 | 2 |
| Studio | $1,623 | −$527 (-24.5%) | −$172 (-9.6%) | $1,609 – $1,636 | 2 |
| 1BR | $2,600 | +$905 (+53.4%) | +$766 (+41.8%) | $2,600 – $2,600 | 1 |
| 2BR | $2,644 | −$1,343 (-33.7%) | +$11 (+0.4%) | $2,644 – $2,793 | 7 |
| 2BR | $2,695 | −$1,292 (-32.4%) | +$62 (+2.4%) | $2,695 – $2,695 | 5 |
| 3BR | $3,195 | — | +$198 (+6.6%) | $3,195 – $3,195 | 1 |
| 4BR | $15,500 | — | — | $15,500 – $15,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — April 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,448 | $1,575 | −$127 (-8.1%) |
| Studio | $1,623 | $1,575 | +$48 (+3.0%) |
| 1BR | $2,600 | $2,038 | +$562 (+27.6%) |
| 2BR | $2,644 | $2,795 | −$151 (-5.4%) |
| 2BR | $2,695 | $2,795 | −$100 (-3.6%) |
| 3BR | $3,195 | $3,850 | −$655 (-17.0%) |
| 4BR | $15,500 | $4,998 | +$10,503 (+210.2%) |
Citywide figure is the median of zip-level medians across 127 Los Angeles zip codes with listings in April 2022.