Monthly Rent Report
Koreatown Rent Report — June 2022
Asking rents in ZIP 90020, Los Angeles, from 18 listings.
Median 1BR rent in Koreatown was $1,550 in June 2022, down 20.0% (−$387) from May 2022 and down 13.6% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts Koreatown $446 below the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 18 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$279 (-16.7%) | −$300 (-17.7%) | $1,395 – $1,395 | 1 |
| Studio | $1,525 | −$149 (-8.9%) | −$170 (-10.0%) | $1,495 – $1,525 | 5 |
| 1BR | $1,550 | −$387 (-20.0%) | −$245 (-13.6%) | $1,550 – $1,550 | 1 |
| 1BR | $2,195 | +$258 (+13.3%) | +$400 (+22.3%) | $2,043 – $2,198 | 3 |
| 2BR | $2,600 | −$900 (-25.7%) | −$315 (-10.8%) | $2,600 – $2,600 | 1 |
| 2BR | $2,950 | −$550 (-15.7%) | +$35 (+1.2%) | $2,950 – $2,950 | 1 |
| 3BR | $3,695 | +$450 (+13.9%) | +$595 (+19.2%) | $3,695 – $3,695 | 1 |
| 3BR | $2,795 | −$450 (-13.9%) | −$305 (-9.8%) | $2,695 – $2,795 | 5 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — June 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,600 | −$205 (-12.8%) |
| Studio | $1,525 | $1,600 | −$75 (-4.7%) |
| 1BR | $1,550 | $1,996 | −$445 (-22.3%) |
| 1BR | $2,195 | $1,996 | +$200 (+10.0%) |
| 2BR | $2,600 | $2,800 | −$200 (-7.1%) |
| 2BR | $2,950 | $2,800 | +$150 (+5.4%) |
| 3BR | $3,695 | $4,150 | −$455 (-11.0%) |
| 3BR | $2,795 | $4,150 | −$1,355 (-32.7%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.