Monthly Rent Report
Watts Rent Report — May 2022
Asking rents in ZIP 90002, Los Angeles, from 8 listings.
Median 1BR rent in Watts was $1,550 in May 2022, down 8.6% (−$145) from April 2022 and down 3.1% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts Watts $400 below the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 8 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,369 | — | — | $1,369 – $1,369 | 2 |
| 1BR | $1,550 | −$145 (-8.6%) | −$49 (-3.1%) | $1,550 – $1,550 | 1 |
| 2BR | $2,950 | +$1,125 (+61.6%) | +$650 (+28.3%) | $2,950 – $2,950 | 1 |
| 3BR | $2,500 | −$965 (-27.8%) | +$100 (+4.2%) | $2,500 – $2,500 | 2 |
| 3BR | $2,500 | −$965 (-27.8%) | +$100 (+4.2%) | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — May 2022
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,369 | $1,620 | −$251 (-15.5%) |
| 1BR | $1,550 | $1,950 | −$400 (-20.5%) |
| 2BR | $2,950 | $2,800 | +$150 (+5.4%) |
| 3BR | $2,500 | $3,995 | −$1,495 (-37.4%) |
| 3BR | $2,500 | $3,995 | −$1,495 (-37.4%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.