Monthly Rent Report
Koreatown Rent Report — October 2024
Asking rents in ZIP 90020, Los Angeles, from 200 listings.
Median 1BR rent in Koreatown was $2,150 in October 2024, up 14.1% (+$265) from September 2024 and up 5.7% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,150. That puts Koreatown $139 above the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 200 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,760 | −$49 (-2.7%) | +$60 (+3.5%) | $1,500 – $1,875 | 65 |
| Studio | $1,400 | −$409 (-22.6%) | −$300 (-17.6%) | $1,350 – $1,548 | 3 |
| 1BR | $2,150 | +$265 (+14.1%) | +$115 (+5.7%) | $1,850 – $2,150 | 84 |
| 1BR | $1,773 | −$112 (-6.0%) | −$262 (-12.9%) | $1,634 – $2,019 | 4 |
| 2BR | $2,400 | −$211 (-8.1%) | −$305 (-11.3%) | $2,320 – $2,695 | 39 |
| 2BR | $2,895 | +$284 (+10.9%) | +$190 (+7.0%) | $2,895 – $2,895 | 1 |
| 3BR | $3,495 | −$200 (-5.4%) | +$150 (+4.5%) | $3,495 – $3,495 | 2 |
| 3BR | $3,750 | +$55 (+1.5%) | +$405 (+12.1%) | $3,750 – $3,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — October 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,760 | $1,700 | +$60 (+3.5%) |
| Studio | $1,400 | $1,700 | −$300 (-17.6%) |
| 1BR | $2,150 | $2,011 | +$139 (+6.9%) |
| 1BR | $1,773 | $2,011 | −$239 (-11.9%) |
| 2BR | $2,400 | $2,727 | −$327 (-12.0%) |
| 2BR | $2,895 | $2,727 | +$168 (+6.2%) |
| 3BR | $3,495 | $3,816 | −$321 (-8.4%) |
| 3BR | $3,750 | $3,816 | −$66 (-1.7%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.