Monthly Rent Report
Koreatown Rent Report — November 2023
Asking rents in ZIP 90020, Los Angeles, from 46 listings.
Median 1BR rent in Koreatown was $1,850 in November 2023, down 9.1% (−$185) from October 2023 and down 30.2% year-over-year. The middle half of 1BR listings asked between $1,821 and $1,859. That puts Koreatown $276 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 46 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,696 | −$4 (-0.3%) | −$38 (-2.2%) | $1,678 – $1,713 | 2 |
| Studio | $1,875 | +$175 (+10.3%) | +$141 (+8.1%) | $1,756 – $1,875 | 4 |
| 1BR | $1,850 | −$185 (-9.1%) | −$800 (-30.2%) | $1,821 – $1,859 | 14 |
| 1BR | $1,905 | −$130 (-6.4%) | −$745 (-28.1%) | $1,905 – $1,905 | 10 |
| 2BR | $2,599 | −$151 (-5.5%) | −$151 (-5.5%) | $2,599 – $2,599 | 1 |
| 2BR | $2,375 | −$375 (-13.6%) | −$375 (-13.6%) | $2,375 – $2,375 | 1 |
| 3BR | $3,495 | −$305 (-8.0%) | +$800 (+29.7%) | $3,495 – $3,848 | 3 |
| 3BR | $3,495 | −$305 (-8.0%) | +$800 (+29.7%) | $3,495 – $3,848 | 3 |
| 4BR | $7,495 | −$2,500 (-25.0%) | +$2,995 (+66.6%) | $4,995 – $9,995 | 4 |
| 4BR | $7,495 | −$2,500 (-25.0%) | +$2,995 (+66.6%) | $4,995 – $9,995 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — November 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,696 | $1,775 | −$79 (-4.5%) |
| Studio | $1,875 | $1,775 | +$100 (+5.6%) |
| 1BR | $1,850 | $2,125 | −$275 (-13.0%) |
| 1BR | $1,905 | $2,125 | −$220 (-10.4%) |
| 2BR | $2,599 | $2,795 | −$196 (-7.0%) |
| 2BR | $2,375 | $2,795 | −$420 (-15.0%) |
| 3BR | $3,495 | $3,950 | −$455 (-11.5%) |
| 3BR | $3,495 | $3,950 | −$455 (-11.5%) |
| 4BR | $7,495 | $4,994 | +$2,501 (+50.1%) |
| 4BR | $7,495 | $4,994 | +$2,501 (+50.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.