Monthly Rent Report
Koreatown Rent Report — August 2022
Asking rents in ZIP 90020, Los Angeles, from 270 listings.
Median 1BR rent in Koreatown was $1,650 in August 2022, up 3.1% (+$50) from July 2022 and down 8.1% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Koreatown $445 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 270 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | $0 (0.0%) | −$108 (-6.5%) | $1,523 – $1,550 | 3 |
| Studio | $1,695 | +$145 (+9.4%) | +$37 (+2.2%) | $1,495 – $1,904 | 52 |
| 1BR | $1,650 | +$50 (+3.1%) | −$145 (-8.1%) | $1,650 – $1,650 | 1 |
| 1BR | $2,025 | +$425 (+26.6%) | +$230 (+12.8%) | $1,975 – $2,100 | 117 |
| 2BR | $2,695 | −$29 (-1.1%) | +$400 (+17.4%) | $2,695 – $2,695 | 1 |
| 2BR | $2,714 | −$10 (-0.4%) | +$419 (+18.3%) | $2,585 – $2,900 | 89 |
| 3BR | $3,295 | +$200 (+6.5%) | −$505 (-13.3%) | $3,295 – $3,295 | 1 |
| 3BR | $2,850 | −$245 (-7.9%) | −$950 (-25.0%) | $2,823 – $3,073 | 3 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — August 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,773 | −$222 (-12.6%) |
| Studio | $1,695 | $1,773 | −$77 (-4.4%) |
| 1BR | $1,650 | $2,095 | −$445 (-21.2%) |
| 1BR | $2,025 | $2,095 | −$70 (-3.3%) |
| 2BR | $2,695 | $2,880 | −$185 (-6.4%) |
| 2BR | $2,714 | $2,880 | −$166 (-5.8%) |
| 3BR | $3,295 | $3,795 | −$500 (-13.2%) |
| 3BR | $2,850 | $3,795 | −$945 (-24.9%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.