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

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

Wilshire Center - Koreatown rentals average $1,971 for a studio rental to $6,000 for a 4-bedroom rental. The median price of all currently available listings is $2,800, or roughly $4 per square feet.

For the apartment units and housing in January 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $25 (1.69%) year-over-year from $1,453 to $1,477. 1-bedroom rentals prices have increased by $289 (13.76%) year-over-year from $2,098 to $2,387. 2-bedroom rentals prices have increased by $850 (33.40%) year-over-year from $2,545 to $3,395. 3-bedroom rentals prices have increased by $344 (9.41%) year-over-year from $3,656 to $4,000. 4-bedroom rentals prices have increased by $12,186 (253.10%) year-over-year from $4,815 to $17,000. 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 3.79% this month. 1-bedroom rents have gone up by 14.46% this month. 2-bedroom rents have gone up by 11.07% this month. 3-bedroom rents have gone up by 0.04% this month. 4-bedroom rents have gone up by 88.76% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.42	$1,477	$1,453 (1.69%)	$1,419 (4.08%)
1 BR	$3.81	$2,387	$2,098 (13.76%)	$1,786 (33.63%)
2 BR	$3.04	$3,395	$2,545 (33.40%)	$2,660 (27.65%)
3 BR	$2.67	$4,000	$3,656 (9.41%)	$3,700 (8.11%)
4+ BR	$2.48	$17,000	$4,815 (253.10%)	$4,532 (275.14%)

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 23 cities nearby Wilshire Center - Koreatown. The average rent in Wilshire Center - Koreatown is currently $4,267 per month. Our records show that Long Beach, CA, with an average rent of $2,848, is the most affordable city nearby. In contrast, the most expensive city near Wilshire Center - Koreatown, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $30,250 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 11.36% more affordable than other cities nearby. One bedrooms are about 6.51% more affordable. Two bedrooms in Wilshire Center - Koreatown, Los Angeles, CA are about 5.32% more affordable. Finally, rent for three bedrooms are about 36.94% more affordable. Want more information? Check out the top 10 cities out of 23 total cities near Wilshire Center - Koreatown, Los Angeles, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Long Beach, CA	$2,460	$2,475	$3,200	$2,848
Inglewood, CA	$1,648	$2,148	$2,750	$2,873
Glendale, CA	$2,509	$2,488	$3,149	$3,050
Burbank, CA	N/A	$3,247	$3,500	$3,800
Torrance, CA	$1,748	$2,095	$3,400	$3,850
Santa Monica, CA	$3,292	$3,200	$4,350	$3,995
Redondo Beach, CA	$2,995	$3,300	$3,848	$4,098
Los Angeles, CA	$2,200	$2,750	$3,795	$4,267
West Hollywood, CA	$2,778	$3,398	$5,695	$5,025
Beverly Hills, CA	$2,195	$3,900	$6,498	$7,995

Top Neighborhoods Near Wilshire Center - Koreatown

There are a total of 31 neighborhoods in or near Wilshire Center - Koreatown. Some of these neighborhoods include Historic Cultural, Downtown Long Beach, and Downtown Los Angeles. We've included the top 30 neighborhoods out of 31 total neighborhoods in or near Wilshire Center - Koreatown, Los Angeles, CA in the following chart.

The average rent for these 30 neighborhoods in or near Wilshire Center - Koreatown, Los Angeles, CA is currently around $4,500 per month. Meaning, only thirty neighborhoods have a higher average rent than $4,500. Interestingly, the neighborhoods' average rent is higher than Wilshire Center - Koreatown's average rent, which is only $2,800. Out of all the neighborhoods in or near Wilshire Center - Koreatown, Historic Cultural has the most affordable average rent at $2,823 per month. Whereas, at $22,000 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Wilshire Center - Koreatown. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Historic Cultural, Los Angeles, CA	$2,332	$2,500	$3,465	$2,823
Downtown Long Beach, Long Beach, CA	$2,566	$2,830	$3,694	$2,838
Downtown Los Angeles, Los Angeles, CA	$2,098	$2,880	$4,107	$3,026
Congress North, Los Angeles, CA	N/A	$1,800	$2,610	$3,170
Mar Vista, Los Angeles, CA	$2,973	$2,613	$3,600	$3,198
Hollywood Studio District, Los Angeles, CA	$1,795	$2,295	$3,150	$3,400
Mid-Town North Hollywood, Los Angeles, CA	$1,995	$2,601	$3,473	$3,593
Irvine Business Complex, Irvine, CA	$2,602	$2,860	$3,745	$3,614
Westchester-Playa Del Rey, Los Angeles, CA	$2,381	$2,999	$3,953	$3,800
PICO, Los Angeles, CA	$2,000	$2,995	$3,695	$3,850
West Los Angeles, Los Angeles, CA	$2,195	$3,295	$3,798	$3,990
Marina del Rey, Los Angeles, CA	$2,595	$3,661	$4,950	$4,000
South Robertson, Los Angeles, CA	$2,200	$2,495	$3,650	$4,148
Greater Wilshire, Los Angeles, CA	N/A	$2,700	$3,795	$4,400
Central Hollywood, Los Angeles, CA	N/A	$3,560	$5,210	$4,500
Greater Valley Glen, Los Angeles, CA	$2,200	$1,950	$3,600	$4,500
Westwood, Los Angeles, CA	$2,495	$3,950	$4,420	$4,500
Mid City, Los Angeles, CA	N/A	$3,073	$2,773	$4,550
Mid-City West, Los Angeles, CA	$2,595	$3,248	$4,439	$4,960
Westside, Los Angeles, CA	$2,648	$2,900	$4,575	$5,098
Brentwood, Los Angeles, CA	$2,645	$3,148	$4,673	$5,500
Woodland Hills-Warner Center, Los Angeles, CA	N/A	$2,332	$3,050	$5,700
Venice, Los Angeles, CA	$3,013	$4,298	$5,950	$6,014
Sherman Oaks, Los Angeles, CA	$2,095	$2,498	$3,198	$6,950
Hollywood Hills West, Los Angeles, CA	$2,073	$2,795	$4,519	$7,500
Tarzana, Los Angeles, CA	$1,743	$2,175	$3,035	$7,925
Hollywood United, Los Angeles, CA	$1,923	$3,200	$5,595	$8,373
Studio City, Los Angeles, CA	N/A	$2,775	$3,850	$8,625
Encino, Los Angeles, CA	N/A	$2,325	$3,084	$9,900
Bel Air-Beverly Crest, Los Angeles, CA	$2,500	$5,598	$8,995	$22,000

Top Counties Near Wilshire Center - Koreatown

There are a total of 31 counties located by Wilshire Center - Koreatown, Los Angeles, CA. Some of these counties include Los Angeles, CA, Ventura, CA, and Orange, CA. The average rent for rentals in these counties is $4,175. 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 $4,000. Vice versa, with an average rent of $5,000, 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 21.77% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Wilshire Center - Koreatown, Los Angeles, CA is 2.89% more affordable than other counties nearby. Finally, rent for two bedrooms in Wilshire Center - Koreatown, Los Angeles, CA is 4.02% more affordable than other counties nearby. We've listed the top 3 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Los Angeles, CA	$2,200	$2,657	$3,600	$4,000
Ventura, CA	$2,475	$2,535	$3,200	$4,175
Orange, CA	$2,400	$2,675	$3,750	$5,000

Top Zipcodes Near Wilshire Center - Koreatown

There are a total of 6 zipcodes in or near Wilshire Center - Koreatown, Los Angeles, CA. The average rent for all of these zipcodes is $4,609.

The following chart includes the top 6 zipcodes in Wilshire Center - Koreatown, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
90036, Los Angeles, CA	$2,830	$3,195	$4,443	$4,917
90034, Los Angeles, CA	$3,310	$2,948	$4,629	$3,950
91604, Los Angeles, CA	N/A	$2,650	$3,850	$9,500
90024, Los Angeles, CA	$2,500	$3,950	$4,243	$4,300
90049, Los Angeles, CA	$2,500	$3,148	$5,143	$5,550
91367, Los Angeles, CA	N/A	$2,300	$3,050	$3,931

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 $2,800. 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 $1,971 and an average price per square feet of $4.42. There are a total of 29 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 $2,582 and an average price per square feet of $3.81. There are a total of 61 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 $3,461 and an average price per square feet of $3.04. There are a total of 49 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 0.02%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.33%, and three bedroom rental prices have changed by 0.09% 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 $2,240/month. You can search for these reasonably priced rental listings on RentHop.