Monthly Rent Report
Koreatown Rent Report — December 2023
Asking rents in ZIP 90020, Los Angeles, from 76 listings.
Median 1BR rent in Koreatown was $2,150 in December 2023, up 16.2% (+$301) from November 2023 and up 5.4% year-over-year. The middle half of 1BR listings asked between $2,050 and $2,150. That puts Koreatown in line with the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 76 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,338 | −$357 (-21.1%) | −$787 (-37.0%) | $1,338 – $1,458 | 8 |
| Studio | $1,700 | +$5 (+0.3%) | −$425 (-20.0%) | $1,695 – $1,875 | 5 |
| 1BR | $2,150 | +$301 (+16.2%) | +$110 (+5.4%) | $2,050 – $2,150 | 17 |
| 1BR | $1,840 | −$9 (-0.5%) | −$200 (-9.8%) | $1,818 – $1,883 | 7 |
| 2BR | $2,750 | +$375 (+15.8%) | +$455 (+19.8%) | $2,645 – $2,800 | 12 |
| 2BR | $2,670 | +$295 (+12.4%) | +$375 (+16.3%) | $2,670 – $2,670 | 1 |
| 3BR | $3,500 | +$5 (+0.1%) | +$805 (+29.9%) | $3,250 – $3,700 | 20 |
| 3BR | $3,095 | −$400 (-11.4%) | +$400 (+14.8%) | $3,095 – $3,095 | 1 |
| 4BR | $4,745 | −$2,750 (-36.7%) | — | $4,495 – $4,995 | 4 |
| 4BR | $4,495 | −$3,000 (-40.0%) | — | $4,495 – $4,495 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — December 2023
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,338 | $1,750 | −$412 (-23.5%) |
| Studio | $1,700 | $1,750 | −$50 (-2.9%) |
| 1BR | $2,150 | $2,129 | +$21 (+1.0%) |
| 1BR | $1,840 | $2,129 | −$289 (-13.6%) |
| 2BR | $2,750 | $2,795 | −$45 (-1.6%) |
| 2BR | $2,670 | $2,795 | −$125 (-4.5%) |
| 3BR | $3,500 | $3,923 | −$422 (-10.8%) |
| 3BR | $3,095 | $3,923 | −$827 (-21.1%) |
| 4BR | $4,745 | $4,750 | −$5 (-0.1%) |
| 4BR | $4,495 | $4,750 | −$255 (-5.4%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.