Monthly Rent Report
Koreatown Rent Report — May 2025
Asking rents in ZIP 90020, Los Angeles, from 643 listings.
Median 1BR rent in Koreatown was $1,998 in May 2025, down 2.6% (−$52) from April 2025 and up 0.1% year-over-year. The middle half of 1BR listings asked between $1,905 and $2,136. That puts Koreatown $198 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 643 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,610 | −$152 (-8.7%) | +$60 (+3.9%) | $1,537 – $1,686 | 219 |
| Studio | $1,510 | −$253 (-14.4%) | −$40 (-2.6%) | $1,470 – $1,657 | 8 |
| 1BR | $1,998 | −$52 (-2.6%) | +$3 (+0.1%) | $1,905 – $2,136 | 18 |
| 1BR | $1,980 | −$70 (-3.4%) | −$15 (-0.8%) | $1,895 – $2,089 | 226 |
| 2BR | $2,498 | −$138 (-5.2%) | +$68 (+2.8%) | $2,444 – $2,559 | 24 |
| 2BR | $2,650 | +$14 (+0.5%) | +$220 (+9.1%) | $2,512 – $2,799 | 142 |
| 3BR | $2,900 | −$500 (-14.7%) | −$1,300 (-31.0%) | $2,900 – $3,098 | 3 |
| 3BR | $3,793 | +$393 (+11.5%) | −$407 (-9.7%) | $3,489 – $4,096 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — May 2025
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,610 | $1,800 | −$190 (-10.6%) |
| Studio | $1,510 | $1,800 | −$290 (-16.1%) |
| 1BR | $1,998 | $2,195 | −$197 (-9.0%) |
| 1BR | $1,980 | $2,195 | −$215 (-9.8%) |
| 2BR | $2,498 | $2,960 | −$462 (-15.6%) |
| 2BR | $2,650 | $2,960 | −$310 (-10.5%) |
| 3BR | $2,900 | $3,862 | −$962 (-24.9%) |
| 3BR | $3,793 | $3,862 | −$69 (-1.8%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in May 2025.