Koreatown, Los Angeles, CA Rental Market Trends
Last updated: October 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Koreatown is $2,249, a 1.33% increase compared to the previous year, when the average rent was $2,220.
Studio Apartments at $1,742 offer the most budget-friendly option with 497 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 691 square feet for $2,233, balancing privacy and affordability.
Two-bedroom units at $3,079 offer 983 square feet, perfect for roommates or small families.
Average rent in Koreatown, Los Angeles, CA
Last updated: October 30, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,249 | 688 sq. ft. |
| Studio | $1,742 | 497 sq. ft. |
| 1 Bed | $2,233 | 691 sq. ft. |
| 2 Beds | $3,079 | 983 sq. ft. |
| 3 Beds | n/a | n/a |
Koreatown, Los Angeles, CA rent trends
Rental prices in Koreatown, Los Angeles, CA have increased by 1.33% over the past year. The average rent moved from $2,220 to $2,249.
What's the typical rent budget in Koreatown, Los Angeles, CA?
The largest share of rentals in Koreatown, Los Angeles, CA (33%) 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?
Leimert Park $1,357/month
Arlington Heights $1,704/month
El Sereno $1,734/month
All of these neighborhoods fall below the city wide average of $2,765/month.Most expensive neighborhoods in Koreatown?
Playa Vista $4,074/month
Exposition Park $4,216/month
West Adams $4,264/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Los Angeles, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| West Adams | $4,264 |
| Exposition Park | $4,216 |
| Playa Vista | $4,074 |
| Mid-City Santa Monica | $3,981 |
| Sawtelle | $3,935 |
| University Park | $3,920 |
| Downtown Santa Monica | $3,732 |
| Westwood | $3,708 |
| Beverly Grove | $3,693 |
| Fairfax | $3,607 |
| Brentwood | $3,602 |
| Ocean Park | $3,601 |
| Wilshire - Montana | $3,588 |
| Historic South-Central | $3,552 |
| Pico - Robertson | $3,487 |
| Rancho Park | $3,404 |
| Venice | $3,375 |
| Fox Hills | $3,331 |
| Del Rey | $3,317 |
| Mid-Wilshire | $3,234 |
| Playa del Rey | $3,215 |
| Hollywood Hills West | $3,159 |
| Larchmont | $3,153 |
| Hancock Park | $3,057 |
| Westchester | $3,037 |
| Downtown Los Angeles | $2,944 |
| Windsor Square | $2,930 |
| Palms | $2,895 |
| West Los Angeles | $2,822 |
| Woodland Hills | $2,822 |
| Hollywood | $2,748 |
| Echo Park | $2,744 |
| Mar Vista | $2,713 |
| Carthay | $2,709 |
| East Hollywood | $2,706 |
| Studio City | $2,699 |
| Mid-City | $2,696 |
| Chinatown | $2,684 |
| Harvard Heights | $2,645 |
| Pico | $2,644 |
| Cheviot Hills | $2,594 |
| Los Feliz | $2,591 |
| Sherman Oaks | $2,579 |
| Valley Village | $2,547 |
| Toluka Lake | $2,510 |
| Chatsworth | $2,496 |
| North Hollywood | $2,493 |
| Granada Hills | $2,489 |
| Silver Lake | $2,481 |
| Northridge | $2,474 |
| Atwater Village | $2,412 |
| Encino | $2,410 |
| Canoga Park | $2,398 |
| Baldwin Hills - Crenshaw | $2,356 |
| Boyle Heights | $2,309 |
| Hollywood Hills | $2,291 |
| Sunkist Park | $2,290 |
| Koreatown | $2,249 |
| Westlake | $2,230 |
| Pacoima | $2,228 |
| Lincoln Heights | $2,213 |
| Hyde Park | $2,205 |
| Eagle Rock | $2,193 |
| Highland Park | $2,188 |
| Valley Glen | $2,177 |
| Shadow Hills | $2,160 |
| Tarzana | $2,155 |
| Mission Hills | $2,124 |
| Sylmar | $2,100 |
| Van Nuys | $2,064 |
| North Hills | $2,046 |
| Century City | $2,041 |
| Lake Balboa | $2,036 |
| Reseda | $2,030 |
| Glassell Park | $1,987 |
| Panorama City | $1,973 |
| Sunland | $1,954 |
| Mount Washington | $1,953 |
| Jefferson Park | $1,878 |
| Lake View Terrace | $1,871 |
| Winnetka | $1,868 |
| Sun Valley | $1,849 |
| Pico - Union | $1,747 |
| El Sereno | $1,734 |
| Arlington Heights | $1,704 |
| Leimert Park | $1,357 |
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Los Angeles | Rent Comparison by Neighborhood
Rent in Koreatown is 32% higher than in Arlington Heights
$2,249
Koreatown rent is the same as Los Angeles average
Average Rent
$2,249
$1,704
Arlington Heights rent is 24% lower than Los Angeles average
Average Rent
$1,704
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.