Monthly Rent Report
Koreatown Rent Report — December 2024
Asking rents in ZIP 90020, Los Angeles, from 118 listings.
Median 1BR rent in Koreatown was $2,045 in December 2024, up 2.3% (+$45) from November 2024 and up 11.1% year-over-year. The middle half of 1BR listings asked between $1,975 and $2,110. That puts Koreatown in line with the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 118 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | +$55 (+3.7%) | −$150 (-8.8%) | $1,400 – $1,700 | 29 |
| Studio | $1,797 | +$302 (+20.2%) | +$97 (+5.7%) | $1,797 – $1,797 | 1 |
| 1BR | $2,045 | +$45 (+2.3%) | +$205 (+11.1%) | $1,975 – $2,110 | 9 |
| 1BR | $2,023 | +$23 (+1.1%) | +$183 (+9.9%) | $1,850 – $2,500 | 50 |
| 2BR | $2,995 | +$810 (+37.1%) | +$325 (+12.2%) | $2,600 – $3,191 | 13 |
| 2BR | $2,866 | +$681 (+31.2%) | +$196 (+7.3%) | $2,819 – $2,878 | 5 |
| 3BR | $3,200 | −$300 (-8.6%) | +$105 (+3.4%) | $3,200 – $3,200 | 4 |
| 3BR | $3,200 | −$300 (-8.6%) | +$105 (+3.4%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — December 2024
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,725 | −$175 (-10.1%) |
| Studio | $1,797 | $1,725 | +$72 (+4.2%) |
| 1BR | $2,045 | $2,068 | −$22 (-1.1%) |
| 1BR | $2,023 | $2,068 | −$45 (-2.2%) |
| 2BR | $2,995 | $2,750 | +$245 (+8.9%) |
| 2BR | $2,866 | $2,750 | +$116 (+4.2%) |
| 3BR | $3,200 | $3,995 | −$795 (-19.9%) |
| 3BR | $3,200 | $3,995 | −$795 (-19.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.