Monthly Rent Report

Watts Rent Report — May 2021

Asking rents in ZIP 90002, Los Angeles, from 9 listings.

Median 1BR rent in Watts was $2,225 in May 2021, up 193.9% (+$1,468) from April 2021. The middle half of 1BR listings asked between $2,225 and $2,225. That puts Watts $427 above the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 9 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2021Vs. Year AgoP25–P75 RangeListings
1BR$2,225+$1,468 (+193.9%)$2,225 – $2,2251
1BR$1,599+$842 (+111.2%)$1,599 – $1,5991
2BR$2,300+$50 (+2.2%)$2,300 – $2,3001
3BR$2,400+$400 (+20.0%)$2,400 – $2,4001
3BR$2,400+$400 (+20.0%)$2,400 – $2,4001
4BR$3,000$0 (0.0%)$3,000 – $3,0002
4BR$3,000$0 (0.0%)$3,000 – $3,0002

Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.

Watts vs. Los AngelesMay 2021

BedroomsWatts MedianLos Angeles Citywide MedianDifference
1BR$2,225$1,798+$427 (+23.7%)
1BR$1,599$1,798−$199 (-11.1%)
2BR$2,300$2,450−$150 (-6.1%)
3BR$2,400$3,295−$895 (-27.2%)
3BR$2,400$3,295−$895 (-27.2%)
4BR$3,000$3,990−$990 (-24.8%)
4BR$3,000$3,990−$990 (-24.8%)

Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.

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