Monthly Rent Report
Koreatown Rent Report — May 2022
Asking rents in ZIP 90020, Los Angeles, from 12 listings.
Median 1BR rent in Koreatown was $1,995 in May 2022, down 23.3% (−$605) from April 2022 and up 11.1% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Koreatown $45 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 12 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | +$227 (+15.7%) | +$280 (+20.0%) | $1,537 – $1,812 | 2 |
| 1BR | $1,995 | −$605 (-23.3%) | +$200 (+11.1%) | $1,995 – $1,995 | 1 |
| 1BR | $1,938 | −$662 (-25.5%) | +$143 (+7.9%) | $1,806 – $2,154 | 4 |
| 2BR | $3,500 | +$805 (+29.9%) | +$984 (+39.1%) | $3,500 – $3,500 | 1 |
| 3BR | $3,245 | +$50 (+1.6%) | +$450 (+16.1%) | $3,145 – $3,334 | 4 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — May 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $1,620 | +$55 (+3.4%) |
| 1BR | $1,995 | $1,950 | +$45 (+2.3%) |
| 1BR | $1,938 | $1,950 | −$12 (-0.6%) |
| 2BR | $3,500 | $2,800 | +$700 (+25.0%) |
| 3BR | $3,245 | $3,995 | −$750 (-18.8%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.