Monthly Rent Report
Koreatown Rent Report — February 2023
Asking rents in ZIP 90020, Los Angeles, from 419 listings.
Median 1BR rent in Koreatown was $2,054 in February 2023, down 3.3% (−$71) from January 2023 and up 36.9% year-over-year. The middle half of 1BR listings asked between $2,037 and $2,072. That puts Koreatown $71 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 419 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | +$28 (+1.7%) | +$325 (+24.5%) | $1,495 – $1,875 | 124 |
| Studio | $1,833 | +$210 (+12.9%) | +$508 (+38.3%) | $1,780 – $1,861 | 4 |
| 1BR | $2,054 | −$71 (-3.3%) | +$554 (+36.9%) | $2,037 – $2,072 | 2 |
| 1BR | $2,150 | +$25 (+1.2%) | +$650 (+43.3%) | $1,946 – $2,150 | 187 |
| 2BR | $2,640 | −$110 (-4.0%) | −$89 (-3.3%) | $2,640 – $2,640 | 1 |
| 2BR | $2,750 | $0 (0.0%) | +$21 (+0.8%) | $2,595 – $2,912 | 90 |
| 3BR | $2,595 | −$700 (-21.2%) | −$400 (-13.4%) | $2,595 – $2,595 | 2 |
| 3BR | $2,595 | −$700 (-21.2%) | −$400 (-13.4%) | $2,595 – $2,595 | 3 |
| 4BR | $15,500 | +$8,050 (+108.1%) | — | $15,500 – $15,500 | 3 |
| 4BR | $15,500 | +$8,050 (+108.1%) | — | $15,500 – $15,500 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — February 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,795 | −$145 (-8.1%) |
| Studio | $1,833 | $1,795 | +$38 (+2.1%) |
| 1BR | $2,054 | $2,125 | −$71 (-3.3%) |
| 1BR | $2,150 | $2,125 | +$25 (+1.2%) |
| 2BR | $2,640 | $2,773 | −$133 (-4.8%) |
| 2BR | $2,750 | $2,773 | −$23 (-0.8%) |
| 3BR | $2,595 | $3,850 | −$1,255 (-32.6%) |
| 3BR | $2,595 | $3,850 | −$1,255 (-32.6%) |
| 4BR | $15,500 | $4,695 | +$10,805 (+230.1%) |
| 4BR | $15,500 | $4,695 | +$10,805 (+230.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.