Monthly Rent Report
Koreatown Rent Report — February 2024
Asking rents in ZIP 90020, Los Angeles, from 959 listings.
Median 1BR rent in Koreatown was $2,095 in February 2024, down 2.6% (−$55) from January 2024 and up 2.0% year-over-year. The middle half of 1BR listings asked between $1,895 and $2,150. That puts Koreatown $100 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 959 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,726 | +$36 (+2.1%) | +$76 (+4.6%) | $1,714 – $1,726 | 3 |
| Studio | $1,582 | −$108 (-6.4%) | −$68 (-4.1%) | $1,453 – $1,875 | 295 |
| 1BR | $2,095 | −$55 (-2.6%) | +$41 (+2.0%) | $1,895 – $2,150 | 368 |
| 1BR | $1,789 | −$361 (-16.8%) | −$265 (-12.9%) | $1,746 – $1,845 | 13 |
| 2BR | $2,695 | −$55 (-2.0%) | −$55 (-2.0%) | $2,400 – $2,750 | 234 |
| 2BR | $2,474 | −$276 (-10.0%) | −$276 (-10.0%) | $2,427 – $2,474 | 3 |
| 3BR | $2,900 | +$2 (+0.1%) | +$305 (+11.8%) | $2,900 – $2,900 | 1 |
| 3BR | $3,495 | +$597 (+20.6%) | +$900 (+34.7%) | $3,163 – $4,200 | 30 |
| 4BR | $5,700 | $0 (0.0%) | −$9,800 (-63.2%) | $5,700 – $5,700 | 3 |
| 4BR | $5,700 | $0 (0.0%) | −$9,800 (-63.2%) | $5,700 – $5,700 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — February 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,726 | $1,750 | −$23 (-1.3%) |
| Studio | $1,582 | $1,750 | −$167 (-9.6%) |
| 1BR | $2,095 | $2,195 | −$100 (-4.6%) |
| 1BR | $1,789 | $2,195 | −$406 (-18.5%) |
| 2BR | $2,695 | $2,850 | −$155 (-5.4%) |
| 2BR | $2,474 | $2,850 | −$376 (-13.2%) |
| 3BR | $2,900 | $3,995 | −$1,095 (-27.4%) |
| 3BR | $3,495 | $3,995 | −$500 (-12.5%) |
| 4BR | $5,700 | $5,000 | +$700 (+14.0%) |
| 4BR | $5,700 | $5,000 | +$700 (+14.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.