Monthly Rent Report
Koreatown Rent Report — October 2022
Asking rents in ZIP 90020, Los Angeles, from 60 listings.
Median 1BR rent in Koreatown was $2,525 in October 2022, up 24.7% (+$500) from September 2022 and up 32.9% year-over-year. The middle half of 1BR listings asked between $2,236 and $2,800. That puts Koreatown $429 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 60 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$200 (-11.8%) | −$443 (-22.9%) | $1,425 – $1,875 | 11 |
| Studio | $1,450 | −$245 (-14.5%) | −$488 (-25.2%) | $1,423 – $1,640 | 3 |
| 1BR | $2,525 | +$500 (+24.7%) | +$625 (+32.9%) | $2,236 – $2,800 | 12 |
| 1BR | $2,063 | +$38 (+1.9%) | +$163 (+8.6%) | $1,984 – $5,975 | 16 |
| 2BR | $3,000 | −$500 (-14.3%) | +$446 (+17.4%) | $2,395 – $3,000 | 5 |
| 2BR | $2,545 | −$955 (-27.3%) | −$9 (-0.4%) | $2,545 – $2,545 | 1 |
| 3BR | $2,795 | −$500 (-15.2%) | −$855 (-23.4%) | $2,795 – $3,095 | 6 |
| 3BR | $3,295 | $0 (0.0%) | −$355 (-9.7%) | $3,295 – $3,295 | 1 |
| 4BR | $4,995 | — | — | $4,995 – $4,995 | 1 |
| 4BR | $4,995 | — | — | $4,995 – $4,995 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — October 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,795 | −$300 (-16.7%) |
| Studio | $1,450 | $1,795 | −$345 (-19.2%) |
| 1BR | $2,525 | $2,096 | +$429 (+20.5%) |
| 1BR | $2,063 | $2,096 | −$33 (-1.6%) |
| 2BR | $3,000 | $2,900 | +$100 (+3.4%) |
| 2BR | $2,545 | $2,900 | −$355 (-12.2%) |
| 3BR | $2,795 | $3,948 | −$1,152 (-29.2%) |
| 3BR | $3,295 | $3,948 | −$652 (-16.5%) |
| 4BR | $4,995 | $4,838 | +$158 (+3.3%) |
| 4BR | $4,995 | $4,838 | +$158 (+3.3%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.