Monthly Rent Report

Koreatown Rent Report — November 2022

Asking rents in ZIP 90020, Los Angeles, from 58 listings.

Median 1BR rent in Koreatown was $2,125 in November 2022, down 15.8% (−$400) from October 2022 and up 7.7% year-over-year. The middle half of 1BR listings asked between $1,875 and $2,125. That puts Koreatown $59 above the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 58 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2022Vs. November 2021P25–P75 RangeListings
Studio$1,725+$275 (+19.0%)+$430 (+33.2%)$1,495 – $1,8759
Studio$1,734+$284 (+19.6%)+$439 (+33.9%)$1,428 – $1,8868
1BR$2,125−$400 (-15.8%)+$153 (+7.7%)$1,875 – $2,12513
1BR$2,650+$125 (+5.0%)+$678 (+34.3%)$2,495 – $2,95013
2BR$2,150−$850 (-28.3%)−$342 (-13.7%)$2,150 – $2,1501
2BR$2,750−$250 (-8.3%)+$258 (+10.4%)$2,535 – $2,7505
3BR$2,695−$100 (-3.6%)−$1,600 (-37.3%)$2,695 – $2,6951
3BR$2,695−$100 (-3.6%)−$1,600 (-37.3%)$2,695 – $2,6951
4BR$4,250−$745 (-14.9%)−$3,745 (-46.8%)$4,250 – $4,2501
4BR$4,500−$495 (-9.9%)−$3,495 (-43.7%)$4,500 – $4,8716

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

Koreatown vs. Los AngelesNovember 2022

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,725$1,695+$30 (+1.8%)
Studio$1,734$1,695+$39 (+2.3%)
1BR$2,125$2,066+$59 (+2.8%)
1BR$2,650$2,066+$584 (+28.3%)
2BR$2,150$2,873−$722 (-25.2%)
2BR$2,750$2,873−$122 (-4.3%)
3BR$2,695$3,700−$1,005 (-27.2%)
3BR$2,695$3,700−$1,005 (-27.2%)
4BR$4,250$5,000−$750 (-15.0%)
4BR$4,500$5,000−$500 (-10.0%)

Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.

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