Monthly Rent Report
Koreatown Rent Report — June 2023
Asking rents in ZIP 90020, Los Angeles, from 227 listings.
Median 1BR rent in Koreatown was $2,090 in June 2023, up 4.5% (+$90) from May 2023 and down 4.8% year-over-year. The middle half of 1BR listings asked between $1,950 and $2,150. That puts Koreatown in line with the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 227 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,736 | +$86 (+5.2%) | +$211 (+13.8%) | $1,733 – $1,738 | 2 |
| Studio | $1,535 | −$115 (-7.0%) | +$10 (+0.7%) | $1,495 – $1,725 | 74 |
| 1BR | $2,090 | +$90 (+4.5%) | −$105 (-4.8%) | $1,950 – $2,150 | 84 |
| 1BR | $1,650 | −$350 (-17.5%) | −$545 (-24.8%) | $1,650 – $1,650 | 1 |
| 2BR | $2,700 | −$50 (-1.8%) | −$250 (-8.5%) | $2,588 – $2,800 | 59 |
| 2BR | $2,300 | −$450 (-16.4%) | −$650 (-22.0%) | $2,300 – $2,300 | 1 |
| 3BR | $3,798 | +$250 (+7.0%) | +$1,003 (+35.9%) | $3,646 – $3,949 | 2 |
| 3BR | $3,295 | −$252 (-7.1%) | +$500 (+17.9%) | $3,295 – $3,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — June 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,736 | $1,758 | −$22 (-1.3%) |
| Studio | $1,535 | $1,758 | −$223 (-12.7%) |
| 1BR | $2,090 | $2,100 | −$10 (-0.5%) |
| 1BR | $1,650 | $2,100 | −$450 (-21.4%) |
| 2BR | $2,700 | $2,900 | −$200 (-6.9%) |
| 2BR | $2,300 | $2,900 | −$600 (-20.7%) |
| 3BR | $3,798 | $3,850 | −$52 (-1.4%) |
| 3BR | $3,295 | $3,850 | −$555 (-14.4%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.