K-Town is one of Los Angeles’ most exciting and fast-paced neighborhoods, arguably unbeatable in culture, food, nightlife, and walkability.
The most affordable housing in Koreatown, LA typically costs between $1,250 and $1,900 per month for studios and 1-bedroom apartments, depending on location, building type, and amenities.
But with rising rents across the city, it’s becoming more and more difficult to find affordable housing in Koreatown, LA, especially if you’re not sure where to start.
In this article, the
Urban LA Living
team breaks down the different types of apartments available in K-Town, what factors affect pricing, and how to choose the best budget-friendly rentals in K-Town, based on your budget and lifestyle, to find a space that works for you.
What Affects Rent Prices in Koreatown
Affordable Housing Options in Koreatown, LA
Understanding how these elements work together will help you filter through listings faster and make better-informed choices for your budget. Below, we’ll break down the most common apartment types in Koreatown and what you can expect in terms of cost:
Studio Apartments
Studio apartments have long been one of the best options for cheap apartments in Koreatown (if you know
how to maximize your space). Monthly rent usually falls between $1,500-$2,000. However, factors such as in-building amenities, unit upgrades, parking, and proximity to major streets or transit stops can drive prices higher.
1-Bedroom Apartments
2-Bedroom Apartments
When one room isn't enough, a two-bedroom apartment is the next step up. Rent typically ranges between $2,500-$2,900, though premium locations or newer buildings may charge more.
However, monthly rent can be more manageable if you’re splitting the unit with a roommate, cutting your share of the rent in half. That makes it a popular option for those looking to save while living in a more spacious setting.
Luxury Apartments
Luxury units have become
more common in Koreatown over the past few years. Thanks to the neighborhood’s central location, walkability, and unbeatable food scene, developers have invested in high-end buildings that offer every modern amenity.
These apartments often feature multiple bedrooms, upgraded interiors, and hotel-like amenities. Rent typically starts at $3,500 and can go all the way up to $9,000+, depending on size, features, and location.
Vintage Apartments
Koreatown is also home to many charming, historic buildings. And several have already been thoughtfully restored into livable vintage apartments. These units combine old-world architecture with modern touches, perfect for the more aesthetic-driven renter.
Best of all, they tend to be the most affordable housing in Koreatown, LA. For example, our most budget-friendly option is a studio in the
Victoria building, available for $1,295/month. If you need more space or a dedicated parking spot, our 1-bedroom unit with parking in
Kenmore Arms is available for $2,399/month.
Furnished vs unfurnished apartments in Koreatown
You can move in right away without worrying about
logistics, shopping, or setup. Furnished apartments can also still be considered affordable housing in Koreatown, LA, under the right circumstances.
There is one drawback, though. Some renters aren’t comfortable with used furniture due to hygiene concerns. Items like beds and couches are the main complaints we hear from prospective renters. Urban LA does replace them regularly, but not every landlord in K-Town follows that same standard.
In the end, it all comes down to your priorities, length of stay, and how much effort you’re willing to put into your space.
Furnished & Unfurnished Apartments We Recommend
Victoria | $1,250/mo
Located at 527 Hobart Blvd, The Victoria is home to our most economical studio units. If you're looking for a snug yet elegant home close to walkable restaurants, shops, and transit, this apartment is perfect for you.
The unit features original hardwood flooring, crown molding, and exposed brick throughout, paired with modern upgrades. Recent additions include built-in closets, renovated kitchens and baths, and updated plumbing and appliances.
As for amenities, The Victoria offers on-site laundry and is just a 2-minute walk to the Metro. If you're a bachelor looking for a stylish, low-maintenance space in the heart of the city, learn more about availability and full details on our
Victoria page.
Silverlake Station | $2,099/mo
If you're looking for a mid-range apartment close to everything without the hustle and bustle of Hollywood, Silverlake is a great choice. Located at 1221 North Vermont Avenue, the
fully furnished unit we're featuring here is ideal for working professionals who want a move-in-ready space with everything already taken care of.
The unit features original hardwood floors and exposed brick accents, adding a touch of character. The kitchen and bathrooms have been updated with modern fixtures, and we’ve added built-in storage for extra convenience.
As for amenities, the Silverlake building includes on-site laundry and secure, gated entry. It's also just two blocks from the nearest Metro station. This makes it perfect for commuting or a quick morning jog.
Interested in seeing the unit for yourself? We offer viewings for any of our
Silverlake Station apartments. Contact us today to schedule an appointment.
The Kenmore Arms | $2,399/mo
Located at 530 S. Kenmore, this
fully furnished 1-bedroom apartment
is perfect for short-term renters looking for a comfortable and convenient place to stay while in LA.
Kenmore Arms is centrally located with easy access to the Metro and surrounded by some of the best food spots in Koreatown. As for the lease, it’s renewed on a month-to-month basis, and utilities (including internet) are already included in the rent.
Learn more about availability and full details on our
Kenmore Arms page.
How to Find Affordable Housing in Koreatown
Signing up for rent alerts ensures you receive new listings before the general public, giving you a strong advantage in securing competitive, affordable apartments in Koreatown.
Use Zillow, Apartments.com, or our listings to set budget and location preferences. Check alerts daily, respond quickly to inquiries, and schedule tours as soon as possible.
Contact Local Property Managers Directly
Contacting property managers directly can get you early access to units not yet listed online, which often results in less competition and securing budget-friendly rentals in K-Town.
Ask to join their waiting lists, follow up regularly, and clearly express your interest. Consistent communication helps keep you on their radar for future vacancies.
Check Koreatown-Specific Listing Sites & Groups
Neighborhood-specific listing platforms and online groups often share rental deals before they appear on large national websites, like our available listings!
This gives you a valuable head start on the competition than scouring local Facebook housing groups and bulletin boards. This way, you can message landlords quickly, interact with them, and arrange viewings before demand drives prices higher.
Walking through Koreatown allows you to discover “For Rent” signs not listed online, helping you find hidden opportunities before other renters even hear about them.
Bring a notebook or take photos of posted contact numbers. Call immediately to schedule a showing and demonstrate your serious interest to the landlord.
Look for Move-In Specials or Off-Season Deals
Landlords sometimes offer reduced rent, free weeks, or waived fees during slower leasing seasons, making these promotions a great way to lower your upfront expenses.
Search during late fall or winter when demand is lower. Negotiating alongside an active move-in special can result in considerable long-term savings on rent.
Consider Roommates or Shared Housing
Splitting an apartment with roommates can cut monthly costs significantly, allowing you to access better locations or larger units than you could afford alone. However, compatibility is key. You could end up paying the full rent if your roommate suddenly decides to leave.
We recommend choosing a trusted friend, family member, or colleague and having a serious discussion beforehand. Agree on expenses, chores, and guest policies to avoid future misunderstandings.
Stay Flexible on Amenities & Finishes
Being open to older finishes or fewer amenities widens your search, often unlocking affordable units in prime locations that would otherwise exceed your budget.
If you really need to stretch your budget, focus on layout, safety, and location rather than luxury features. We can add personal touches like paint or decor down the line.
Wrapping Up
Finding affordable housing in Koreatown should now feel like a piece of cake thanks to our guide. The key is understanding your lifestyle needs and whether convenience outweighs the long-term savings of an unfurnished apartment.
But honestly, why look further? Urban LA Living offers thoughtfully restored vintage apartments that combine charm, modern updates, and competitive pricing in one of LA’s most dynamic neighborhoods.
Contact us today for a showing.
