Monthly Rent Report
Koreatown Rent Report — January 2024
Asking rents in ZIP 90020, Los Angeles, from 295 listings.
Median 1BR rent in Koreatown was $2,150 in January 2024, flat versus December 2023 and up 5.9% year-over-year. The middle half of 1BR listings asked between $1,899 and $2,180. That puts Koreatown $54 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 295 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | +$257 (+19.2%) | −$55 (-3.3%) | $1,450 – $1,748 | 95 |
| Studio | $1,690 | +$352 (+26.3%) | +$40 (+2.4%) | $1,690 – $1,690 | 1 |
| 1BR | $2,150 | $0 (0.0%) | +$120 (+5.9%) | $1,899 – $2,180 | 104 |
| 1BR | $1,823 | −$327 (-15.2%) | −$207 (-10.2%) | $1,791 – $1,842 | 16 |
| 2BR | $2,438 | −$312 (-11.4%) | −$160 (-6.2%) | $2,406 – $2,469 | 2 |
| 2BR | $2,750 | $0 (0.0%) | +$153 (+5.9%) | $2,500 – $2,905 | 71 |
| 3BR | $2,898 | −$602 (-17.2%) | −$397 (-12.0%) | $2,898 – $2,898 | 1 |
| 3BR | $4,500 | +$1,000 (+28.6%) | +$1,205 (+36.6%) | $4,500 – $4,500 | 1 |
| 4BR | $5,700 | +$1,205 (+26.8%) | −$2,100 (-26.9%) | $5,700 – $5,700 | 2 |
| 4BR | $5,700 | +$1,205 (+26.8%) | −$2,100 (-26.9%) | $5,700 – $5,700 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — January 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,750 | −$155 (-8.9%) |
| Studio | $1,690 | $1,750 | −$60 (-3.4%) |
| 1BR | $2,150 | $2,097 | +$54 (+2.6%) |
| 1BR | $1,823 | $2,097 | −$273 (-13.0%) |
| 2BR | $2,438 | $2,795 | −$357 (-12.8%) |
| 2BR | $2,750 | $2,795 | −$45 (-1.6%) |
| 3BR | $2,898 | $3,950 | −$1,052 (-26.6%) |
| 3BR | $4,500 | $3,950 | +$550 (+13.9%) |
| 4BR | $5,700 | $5,200 | +$500 (+9.6%) |
| 4BR | $5,700 | $5,200 | +$500 (+9.6%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.