Monthly Rent Report
Koreatown Rent Report — November 2024
Asking rents in ZIP 90020, Los Angeles, from 46 listings.
Median 1BR rent in Koreatown was $1,916 in November 2024, down 10.9% (−$234) from October 2024 and up 0.6% year-over-year. The middle half of 1BR listings asked between $1,897 and $1,960. That puts Koreatown $157 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 46 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$265 (-15.1%) | −$380 (-20.3%) | $1,495 – $1,600 | 5 |
| Studio | $1,500 | −$260 (-14.8%) | −$375 (-20.0%) | $1,225 – $1,550 | 15 |
| 1BR | $1,916 | −$234 (-10.9%) | +$11 (+0.6%) | $1,897 – $1,960 | 6 |
| 1BR | $2,000 | −$150 (-7.0%) | +$95 (+5.0%) | $1,933 – $2,075 | 8 |
| 2BR | $2,185 | −$710 (-24.5%) | −$190 (-8.0%) | $2,163 – $2,388 | 4 |
| 2BR | $2,789 | −$106 (-3.7%) | +$414 (+17.4%) | $2,773 – $2,789 | 3 |
| 3BR | $3,500 | −$250 (-6.7%) | +$5 (+0.1%) | $3,488 – $3,525 | 4 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — November 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,750 | −$255 (-14.6%) |
| Studio | $1,500 | $1,750 | −$250 (-14.3%) |
| 1BR | $1,916 | $2,073 | −$157 (-7.6%) |
| 1BR | $2,000 | $2,073 | −$72 (-3.5%) |
| 2BR | $2,185 | $2,850 | −$665 (-23.3%) |
| 2BR | $2,789 | $2,850 | −$61 (-2.1%) |
| 3BR | $3,500 | $3,895 | −$395 (-10.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.