Monthly Rent Report
Koreatown Rent Report — April 2024
Asking rents in ZIP 90020, Los Angeles, from 1,046 listings.
Median 1BR rent in Koreatown was $2,095 in April 2024, up 4.8% (+$96) from March 2024 and up 10.8% year-over-year. The middle half of 1BR listings asked between $1,899 and $2,150. That puts Koreatown in line with the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 1,046 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,648 | −$38 (-2.3%) | −$88 (-5.1%) | $1,591 – $1,654 | 4 |
| Studio | $1,654 | −$32 (-1.9%) | −$82 (-4.8%) | $1,495 – $1,875 | 292 |
| 1BR | $2,095 | +$96 (+4.8%) | +$205 (+10.8%) | $1,899 – $2,150 | 435 |
| 1BR | $1,873 | −$126 (-6.3%) | −$17 (-0.9%) | $1,795 – $1,981 | 4 |
| 2BR | $2,641 | +$53 (+2.0%) | +$441 (+20.0%) | $2,641 – $2,641 | 1 |
| 2BR | $2,695 | +$107 (+4.1%) | +$495 (+22.5%) | $2,495 – $2,800 | 257 |
| 3BR | $3,400 | −$175 (-4.9%) | −$350 (-9.3%) | $3,350 – $3,589 | 28 |
| 3BR | $3,400 | −$175 (-4.9%) | −$350 (-9.3%) | $3,400 – $3,495 | 16 |
| 4BR | $5,799 | −$701 (-10.8%) | −$4,701 (-44.8%) | $5,799 – $5,799 | 2 |
| 4BR | $5,799 | −$701 (-10.8%) | −$4,701 (-44.8%) | $5,799 – $5,799 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — April 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,648 | $1,795 | −$147 (-8.2%) |
| Studio | $1,654 | $1,795 | −$141 (-7.9%) |
| 1BR | $2,095 | $2,095 | $0 (0.0%) |
| 1BR | $1,873 | $2,095 | −$222 (-10.6%) |
| 2BR | $2,641 | $2,833 | −$192 (-6.8%) |
| 2BR | $2,695 | $2,833 | −$138 (-4.9%) |
| 3BR | $3,400 | $3,950 | −$550 (-13.9%) |
| 3BR | $3,400 | $3,950 | −$550 (-13.9%) |
| 4BR | $5,799 | $4,999 | +$800 (+16.0%) |
| 4BR | $5,799 | $4,999 | +$800 (+16.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.