Koreatown, Los Angeles, CA Rental Market Trends
Last updated: July 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Koreatown is $2,226, a 0.13% increase compared to the previous year, when the average rent was $2,223.
Studio Apartments at $1,729 offer the most budget-friendly option with 498 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 692 square feet for $2,209, balancing privacy and affordability.
Two-beedroom units at $3,032 offer 986 square feet, perfect for roommates or small families.
Average rent in Koreatown, Los Angeles, CA
Last updated: July 02, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,226 | 691 sq. ft. |
| Studio | $1,729 | 498 sq. ft. |
| 1 Bed | $2,209 | 692 sq. ft. |
| 2 Beds | $3,032 | 986 sq. ft. |
| 3 Beds | n/a | n/a |
Koreatown, Los Angeles, CA rent trends
Rental prices in Koreatown, Los Angeles, CA have increased by 0.13% over the past year. The average rent moved from $2,223 to $2,226.
What's the typical rent budget in Koreatown, Los Angeles, CA?
The largest share of rentals in Koreatown, Los Angeles, CA (36%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Koreatown, Los Angeles, CA?
28,267 or 89% of the households in Koreatown, Los Angeles, CA are renter-occupied while 3,419 or 11% are owner-occupied.
Most affordable neighborhoods in Koreatown?
Arlington Heights $1,639/month
Pico - Union $1,765/month
Leimert Park $1,815/month
All of these neighborhoods fall below the city wide average of $2,756/month.Most expensive neighborhoods in Koreatown?
Exposition Park $4,086/month
Playa Vista $4,118/month
Ocean Park $4,123/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Los Angeles, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Ocean Park | $4,123 |
| Playa Vista | $4,118 |
| Exposition Park | $4,086 |
| West Adams | $3,979 |
| Sawtelle | $3,921 |
| Mid-City Santa Monica | $3,891 |
| University Park | $3,869 |
| Westwood | $3,691 |
| Brentwood | $3,676 |
| Downtown Santa Monica | $3,669 |
| Beverly Grove | $3,625 |
| Wilshire - Montana | $3,471 |
| Fairfax | $3,470 |
| Del Rey | $3,440 |
| Pico - Robertson | $3,390 |
| Venice | $3,381 |
| Rancho Park | $3,369 |
| Historic South-Central | $3,368 |
| Fox Hills | $3,330 |
| Mid-Wilshire | $3,314 |
| Playa del Rey | $3,305 |
| Windsor Square | $3,152 |
| Larchmont | $3,149 |
| Hancock Park | $3,111 |
| Pico | $3,050 |
| Hollywood Hills West | $3,028 |
| Westchester | $3,002 |
| West Los Angeles | $2,993 |
| Downtown Los Angeles | $2,925 |
| Woodland Hills | $2,862 |
| Palms | $2,843 |
| Studio City | $2,743 |
| Echo Park | $2,699 |
| Hollywood | $2,690 |
| Mar Vista | $2,680 |
| Mid-City | $2,643 |
| Carthay | $2,585 |
| Chinatown | $2,571 |
| Cheviot Hills | $2,569 |
| Sherman Oaks | $2,542 |
| North Hollywood | $2,536 |
| Valley Village | $2,523 |
| Los Feliz | $2,517 |
| Harvard Heights | $2,511 |
| Chatsworth | $2,507 |
| Toluka Lake | $2,502 |
| Northridge | $2,487 |
| Atwater Village | $2,448 |
| Canoga Park | $2,438 |
| Encino | $2,413 |
| Silver Lake | $2,405 |
| Hollywood Hills | $2,390 |
| Boyle Heights | $2,363 |
| Sunkist Park | $2,268 |
| Shadow Hills | $2,267 |
| East Hollywood | $2,258 |
| Koreatown | $2,226 |
| Lincoln Heights | $2,209 |
| Pacoima | $2,206 |
| Eagle Rock | $2,202 |
| Granada Hills | $2,196 |
| Westlake | $2,186 |
| Highland Park | $2,176 |
| Valley Glen | $2,152 |
| Mission Hills | $2,139 |
| Baldwin Hills - Crenshaw | $2,128 |
| Tarzana | $2,114 |
| Van Nuys | $2,110 |
| Sylmar | $2,110 |
| Century City | $2,105 |
| Reseda | $2,061 |
| North Hills | $2,043 |
| Glassell Park | $2,040 |
| Lake Balboa | $2,013 |
| Mount Washington | $2,001 |
| Panorama City | $1,972 |
| Hyde Park | $1,928 |
| Lake View Terrace | $1,906 |
| El Sereno | $1,883 |
| Winnetka | $1,883 |
| Sunland | $1,864 |
| Jefferson Park | $1,858 |
| Sun Valley | $1,844 |
| Leimert Park | $1,815 |
| Pico - Union | $1,765 |
| Arlington Heights | $1,639 |
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Los Angeles | Rent Comparison by Neighborhood
Rent in Koreatown is 36% higher than in Arlington Heights
$2,226
Koreatown rent is the same as Los Angeles average
Average Rent
$2,226
$1,639
Arlington Heights rent is 26% lower than Los Angeles average
Average Rent
$1,639
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Koreatown apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.