Monthly Rent Report
Koreatown Rent Report — April 2023
Asking rents in ZIP 90020, Los Angeles, from 732 listings.
Median 1BR rent in Koreatown was $1,890 in April 2023, down 1.0% (−$20) from March 2023 and down 27.3% year-over-year. The middle half of 1BR listings asked between $1,823 and $1,951. That puts Koreatown $207 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 732 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,736 | +$111 (+6.8%) | +$289 (+19.9%) | $1,593 – $1,761 | 3 |
| Studio | $1,648 | +$23 (+1.4%) | +$200 (+13.8%) | $1,495 – $1,875 | 212 |
| 1BR | $1,890 | −$20 (-1.0%) | −$710 (-27.3%) | $1,823 – $1,951 | 4 |
| 1BR | $2,150 | +$240 (+12.6%) | −$450 (-17.3%) | $1,946 – $2,150 | 320 |
| 2BR | $2,750 | +$130 (+5.0%) | +$106 (+4.0%) | $2,695 – $2,909 | 158 |
| 2BR | $2,200 | −$420 (-16.0%) | −$444 (-16.8%) | $2,200 – $2,410 | 3 |
| 3BR | $3,750 | +$51 (+1.4%) | +$555 (+17.4%) | $3,600 – $4,200 | 9 |
| 3BR | $3,750 | +$51 (+1.4%) | +$555 (+17.4%) | $3,600 – $4,200 | 9 |
| 4BR | $10,500 | −$5,000 (-32.3%) | −$5,000 (-32.3%) | $5,500 – $15,500 | 4 |
| 4BR | $10,500 | −$5,000 (-32.3%) | −$5,000 (-32.3%) | $5,500 – $15,500 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — April 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,736 | $1,775 | −$39 (-2.2%) |
| Studio | $1,648 | $1,775 | −$127 (-7.2%) |
| 1BR | $1,890 | $2,097 | −$207 (-9.9%) |
| 1BR | $2,150 | $2,097 | +$53 (+2.5%) |
| 2BR | $2,750 | $2,795 | −$45 (-1.6%) |
| 2BR | $2,200 | $2,795 | −$595 (-21.3%) |
| 3BR | $3,750 | $3,895 | −$145 (-3.7%) |
| 3BR | $3,750 | $3,895 | −$145 (-3.7%) |
| 4BR | $10,500 | $4,970 | +$5,530 (+111.3%) |
| 4BR | $10,500 | $4,970 | +$5,530 (+111.3%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.