Monthly Rent Report

Koreatown Rent Report — July 2022

Asking rents in ZIP 90020, Los Angeles, from 110 listings.

Median 1BR rent in Koreatown was $1,600 in July 2022, up 3.2% (+$50) from June 2022 and down 10.9% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Koreatown $500 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 110 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2022Vs. July 2021P25–P75 RangeListings
Studio$1,550+$25 (+1.6%)+$155 (+11.1%)$1,430 – $1,65516
Studio$1,758+$233 (+15.2%)+$363 (+26.0%)$1,654 – $1,8612
1BR$1,600+$50 (+3.2%)−$195 (-10.9%)$1,600 – $1,6001
1BR$2,000+$450 (+29.0%)+$205 (+11.4%)$1,950 – $2,27455
2BR$2,724+$124 (+4.8%)+$429 (+18.7%)$2,499 – $2,89127
2BR$3,400+$800 (+30.8%)+$1,105 (+48.1%)$3,075 – $3,4753
3BR$3,095+$300 (+10.7%)$3,095 – $3,1334
3BR$3,220+$425 (+15.2%)$3,158 – $3,2832

Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.

Koreatown vs. Los AngelesJuly 2022

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,550$1,695−$145 (-8.6%)
Studio$1,758$1,695+$63 (+3.7%)
1BR$1,600$2,100−$500 (-23.8%)
1BR$2,000$2,100−$100 (-4.8%)
2BR$2,724$2,995−$271 (-9.0%)
2BR$3,400$2,995+$405 (+13.5%)
3BR$3,095$3,900−$805 (-20.6%)
3BR$3,220$3,900−$680 (-17.4%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.

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