Apartments for Rent in Wilshire Center - Koreatown, Los Angeles, CA

Wilshire Center - Koreatown, Los Angeles apartment availability

Wilshire Center - Koreatown offers a very strong selection of rental listings, with an average of 766 rentals available each month in 2024. The neighborhood's rental market is comprised of a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments, with studios and 1-bedroom apartments being the most prevalent. Many of these apartments are pet-friendly, with over 62% allowing small pets or having pet-friendly restrictions in place. This makes Wilshire Center - Koreatown a great option for renters with pets. With its diverse range of apartments and pet-friendly amenities, Wilshire Center - Koreatown is a popular choice for renters in Los Angeles.

Wilshire Center - Koreatown, Los Angeles rental market trends

The Wilshire Center - Koreatown rental market experienced a decline in 2024, with average monthly rents decreasing by approximately 9.9% year-over-year to $2,064. Breaking it down by bed count, 1-bedrooms averaged $2,104 per month, a 7.1% decrease from the previous year. Meanwhile, 2-bedrooms rented for around $2,864, and studios for $1,499, representing decreases of 5.1% and 5.6%, respectively.

In terms of seasonal trends, January typically sees the highest rents, with prices about 11.6% higher than in December, the month with the lowest rents. This suggests that renters may find better deals during the winter months. However, it's essential to note that the rental market can be competitive, especially during peak periods. By understanding these trends, renters can make informed decisions about their housing search and potentially find a more affordable option.

Why Wilshire Center - Koreatown, Los Angeles is a great place to live

Wilshire Center - Koreatown is a top choice for renters who prioritize pet friendliness and social living. According to data, apartments in this neighborhood often feature pet-friendly amenities such as pet waste stations, designated pet spaces, pet-safe windows, and pet grooming services. Additionally, the area's high walk score, safety, and frequent transit options make it an ideal spot for socializing with friends. With numerous restaurants and well-maintained street infrastructure, Wilshire Center - Koreatown offers a vibrant and convenient lifestyle. Pet owners will also appreciate the nearby dog parks and lack of breed restrictions, making it a great neighborhood for those with furry friends.