Monthly Rent Report
Koreatown Rent Report — June 2024
Asking rents in ZIP 90020, Los Angeles, from 967 listings.
Median 1BR rent in Koreatown was $1,785 in June 2024, down 5.3% (−$100) from May 2024 and down 14.6% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,802. That puts Koreatown $315 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 967 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,586 | +$36 (+2.3%) | +$51 (+3.3%) | $1,543 – $1,591 | 3 |
| Studio | $1,539 | −$11 (-0.7%) | +$4 (+0.3%) | $1,450 – $1,850 | 491 |
| 1BR | $1,785 | −$100 (-5.3%) | −$305 (-14.6%) | $1,750 – $1,802 | 7 |
| 1BR | $3,950 | +$2,065 (+109.5%) | +$1,860 (+89.0%) | $3,950 – $3,950 | 1 |
| 2BR | $2,495 | +$65 (+2.7%) | −$205 (-7.6%) | $2,495 – $2,495 | 1 |
| 2BR | $2,637 | +$207 (+8.5%) | −$63 (-2.4%) | $2,477 – $2,750 | 416 |
| 3BR | $3,570 | +$75 (+2.1%) | +$275 (+8.3%) | $3,400 – $3,996 | 36 |
| 3BR | $3,495 | $0 (0.0%) | +$200 (+6.1%) | $3,495 – $3,495 | 1 |
| 4BR | $5,700 | −$99 (-1.7%) | — | $5,474 – $5,700 | 6 |
| 4BR | $5,399 | −$400 (-6.9%) | — | $5,399 – $5,399 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — June 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,586 | $1,759 | −$173 (-9.8%) |
| Studio | $1,539 | $1,759 | −$220 (-12.5%) |
| 1BR | $1,785 | $2,100 | −$315 (-15.0%) |
| 1BR | $3,950 | $2,100 | +$1,850 (+88.1%) |
| 2BR | $2,495 | $2,885 | −$390 (-13.5%) |
| 2BR | $2,637 | $2,885 | −$248 (-8.6%) |
| 3BR | $3,570 | $3,900 | −$330 (-8.5%) |
| 3BR | $3,495 | $3,900 | −$405 (-10.4%) |
| 4BR | $5,700 | $5,000 | +$700 (+14.0%) |
| 4BR | $5,399 | $5,000 | +$399 (+8.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.