Monthly Rent Report
Koreatown Rent Report — January 2023
Asking rents in ZIP 90020, Los Angeles, from 433 listings.
Median 1BR rent in Koreatown was $2,125 in January 2023, up 4.2% (+$85) from December 2022 and up 6.5% year-over-year. The middle half of 1BR listings asked between $1,895 and $2,150. That puts Koreatown in line with the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 433 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,623 | +$24 (+1.5%) | +$275 (+20.4%) | $1,586 – $1,659 | 2 |
| Studio | $1,650 | +$51 (+3.2%) | +$303 (+22.4%) | $1,413 – $1,875 | 111 |
| 1BR | $2,125 | +$85 (+4.2%) | +$130 (+6.5%) | $1,895 – $2,150 | 196 |
| 1BR | $2,030 | −$10 (-0.5%) | +$35 (+1.8%) | $2,017 – $2,055 | 3 |
| 2BR | $2,750 | $0 (0.0%) | +$355 (+14.8%) | $2,500 – $2,815 | 112 |
| 2BR | $2,598 | −$152 (-5.5%) | +$203 (+8.5%) | $2,586 – $2,609 | 2 |
| 3BR | $2,595 | −$100 (-3.7%) | −$355 (-12.0%) | $2,595 – $2,595 | 1 |
| 3BR | $3,295 | +$600 (+22.3%) | +$345 (+11.7%) | $3,295 – $3,295 | 4 |
| 4BR | $7,450 | — | — | $7,450 – $7,450 | 1 |
| 4BR | $7,800 | — | — | $7,800 – $7,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — January 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,623 | $1,795 | −$172 (-9.6%) |
| Studio | $1,650 | $1,795 | −$145 (-8.1%) |
| 1BR | $2,125 | $2,125 | $0 (0.0%) |
| 1BR | $2,030 | $2,125 | −$95 (-4.5%) |
| 2BR | $2,750 | $2,861 | −$111 (-3.9%) |
| 2BR | $2,598 | $2,861 | −$264 (-9.2%) |
| 3BR | $2,595 | $3,848 | −$1,252 (-32.6%) |
| 3BR | $3,295 | $3,848 | −$552 (-14.4%) |
| 4BR | $7,450 | $5,000 | +$2,451 (+49.0%) |
| 4BR | $7,800 | $5,000 | +$2,801 (+56.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.