Average Rent in Wilshire Center - Koreatown, Los Angeles, CA

Current Versus Historical Wilshire Center - Koreatown, Los Angeles, CA Rents

Wilshire Center - Koreatown rentals average $1,988 for a studio rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $2,453, or roughly $4 per square feet.
For the apartment units and housing in March 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $50 (3.46%) year-over-year from $1,445 to $1,495. 1-bedroom rentals prices have increased by $358 (18.08%) year-over-year from $1,979 to $2,337. 2-bedroom rentals prices have increased by $892 (35.93%) year-over-year from $2,481 to $3,373. 3-bedroom rentals prices have increased by $237 (7.04%) year-over-year from $3,363 to $3,600. 4-bedroom rentals prices have decreased by $1,050 (-20.39%) year-over-year from $5,150 to $4,100. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 2.21% this month. 1-bedroom rents have gone up by 11.96% this month. 2-bedroom rents have gone up by 14.17% this month. 3-bedroom rents have gone down by 4.00% this month. 4-bedroom rents have gone down by 52.96% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.07 $1,495 $1,445 (3.46%) $1,607 (-6.97%)
1 BR $3.67 $2,337 $1,979 (18.08%) $1,733 (34.89%)
2 BR $2.98 $3,373 $2,481 (35.93%) $2,641 (27.72%)

Historical Rents in Wilshire Center - Koreatown, Los Angeles, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Wilshire Center - Koreatown

There are a total of 1 cities nearby Wilshire Center - Koreatown. The average rent in Wilshire Center - Koreatown is currently $2,923 per month. Our records show that Los Angeles, CA, with an average rent of $2,923, is the most affordable city nearby. In contrast, the most expensive city near Wilshire Center - Koreatown, Los Angeles, CA is Los Angeles, CA. Monthly rents here are on average $2,923 per month.

Let's compare Wilshire Center - Koreatown, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Wilshire Center - Koreatown, Los Angeles, CA is 6.87% more affordable than other cities nearby. One bedrooms are about 1.46% more affordable. Two bedrooms in Wilshire Center - Koreatown, Los Angeles, CA are about 0.83% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 1 cities near Wilshire Center - Koreatown, Los Angeles, CA in the following chart.
City Studio 1 Bed 2 Bed All
Los Angeles, CA $2,124 $2,430 $3,163 $2,923

Top Neighborhoods Near Wilshire Center - Koreatown



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Wilshire Center - Koreatown

The average rent for rentals in these counties is $3,200. That's roughly around $3 per sqft. The county that is the most affordable is Los Angeles, CA. It's average rent per month is $2,900. Vice versa, with an average rent of $3,500, Orange, CA is the most expensive county by Wilshire Center - Koreatown, Los Angeles, CA.

Typically, rent for studios in Wilshire Center - Koreatown, Los Angeles, CA is 14.11% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Wilshire Center - Koreatown, Los Angeles, CA is 6.60% more affordable than other counties nearby. Finally, rent for two bedrooms in Wilshire Center - Koreatown, Los Angeles, CA is 1.78% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Los Angeles, CA $2,160 $2,462 $3,118 $2,900
Orange, CA $2,377 $2,644 $3,148 $3,500

Top Zipcodes Near Wilshire Center - Koreatown



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Wilshire Center - Koreatown Average Rents

What is the average rent price in Wilshire Center - Koreatown, Los Angeles, CA?
The average monthly rental price for Wilshire Center - Koreatown, Los Angeles, CA apartments for rent is approximately $2,453. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Wilshire Center - Koreatown, Los Angeles, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Wilshire Center - Koreatown, Los Angeles, CA.
How much is a studio apartment in Wilshire Center - Koreatown, Los Angeles, CA?
The average monthly rental price for studio apartments is $1,988 and an average price per square feet of $4.07. There are a total of 12 studio apartment listings currently available for rent in Wilshire Center - Koreatown.
How much is a one bedroom apartment in Wilshire Center - Koreatown, Los Angeles, CA?
The average monthly rental price for one bedroom apartments is $2,395 and an average price per square feet of $3.67. There are a total of 19 one bedroom apartment listings currently available for rent in Wilshire Center - Koreatown.
How much is a two bedroom apartment in Wilshire Center - Koreatown, Los Angeles, CA?
The average monthly rental price for two bedroom apartments is $3,190 and an average price per square feet of $2.98. There are a total of 18 two bedroom apartment listings currently available for rent in Wilshire Center - Koreatown.
How have rent prices in Wilshire Center - Koreatown, Los Angeles, CA changed this year?
Rent prices for rentals in Wilshire Center - Koreatown, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by 0.36%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Wilshire Center - Koreatown, Los Angeles, CA?
A reasonable rent price in Wilshire Center - Koreatown, Los Angeles, CA is around $1,962/month. You can search for these reasonably priced rental listings on RentHop.
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