Monthly Rent Report
Koreatown Rent Report — September 2024
Asking rents in ZIP 90020, Los Angeles, from 49 listings.
Median 1BR rent in Koreatown was $1,885 in September 2024, up 2.2% (+$40) from August 2024 and down 2.0% year-over-year. The middle half of 1BR listings asked between $1,854 and $1,988. That puts Koreatown $114 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 49 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,809 | +$150 (+9.0%) | +$14 (+0.8%) | $1,795 – $1,826 | 9 |
| 1BR | $1,885 | +$40 (+2.2%) | −$37 (-2.0%) | $1,854 – $1,988 | 5 |
| 1BR | $2,100 | +$255 (+13.8%) | +$178 (+9.2%) | $2,100 – $2,100 | 1 |
| 2BR | $2,612 | −$117 (-4.3%) | −$138 (-5.0%) | $2,558 – $2,665 | 2 |
| 3BR | $3,695 | +$95 (+2.6%) | +$600 (+19.4%) | $3,495 – $4,300 | 29 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — September 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,809 | $1,755 | +$54 (+3.1%) |
| 1BR | $1,885 | $1,999 | −$113 (-5.7%) |
| 1BR | $2,100 | $1,999 | +$102 (+5.1%) |
| 2BR | $2,612 | $2,795 | −$183 (-6.6%) |
| 3BR | $3,695 | $3,850 | −$155 (-4.0%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.