Monthly Rent Report

Koreatown Rent Report — December 2022

Asking rents in ZIP 90020, Los Angeles, from 163 listings.

Median 1BR rent in Koreatown was $1,995 in December 2022, down 6.1% (−$130) from November 2022 and unchanged year-over-year. The middle half of 1BR listings asked between $1,825 and $2,125. That puts Koreatown $98 below the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 163 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. December 2021P25–P75 RangeListings
Studio$1,599−$135 (-7.8%)+$204 (+14.6%)$1,413 – $1,87535
Studio$2,125+$391 (+22.5%)+$730 (+52.3%)$1,862 – $2,1253
1BR$1,995−$130 (-6.1%)$0 (0.0%)$1,825 – $2,12572
1BR$2,040−$85 (-4.0%)+$45 (+2.3%)$1,868 – $2,0653
2BR$2,750+$600 (+27.9%)+$214 (+8.4%)$2,622 – $2,85048
2BR$2,295+$145 (+6.7%)−$241 (-9.5%)$2,295 – $2,2951
3BR$2,695$0 (0.0%)−$2,300 (-46.0%)$2,695 – $2,6951

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

Koreatown vs. Los AngelesDecember 2022

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,599$1,795−$196 (-10.9%)
Studio$2,125$1,795+$330 (+18.4%)
1BR$1,995$2,093−$97 (-4.7%)
1BR$2,040$2,093−$52 (-2.5%)
2BR$2,750$2,795−$45 (-1.6%)
2BR$2,295$2,795−$500 (-17.9%)
3BR$2,695$4,145−$1,450 (-35.0%)

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

Advertisement