Monthly Rent Report
Watts Rent Report — August 2022
Asking rents in ZIP 90002, Los Angeles, from 21 listings.
Median 1BR rent in Watts was $1,605 in August 2022, up 0.3% (+$5) from July 2022 and down 5.6% year-over-year. The middle half of 1BR listings asked between $1,605 and $1,605. That puts Watts $490 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 21 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,605 | +$5 (+0.3%) | −$95 (-5.6%) | $1,605 – $1,605 | 1 |
| 1BR | $1,600 | $0 (0.0%) | −$100 (-5.9%) | $1,600 – $1,600 | 1 |
| 3BR | $3,250 | +$750 (+30.0%) | +$450 (+16.1%) | $3,250 – $3,250 | 6 |
| 3BR | $3,250 | +$750 (+30.0%) | +$450 (+16.1%) | $3,250 – $3,250 | 1 |
| 4BR | $3,390 | +$290 (+9.4%) | — | $3,390 – $3,418 | 4 |
| 4BR | $3,390 | +$290 (+9.4%) | — | $3,390 – $3,500 | 5 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — August 2022
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,605 | $2,095 | −$490 (-23.4%) |
| 1BR | $1,600 | $2,095 | −$495 (-23.6%) |
| 3BR | $3,250 | $3,795 | −$545 (-14.4%) |
| 3BR | $3,250 | $3,795 | −$545 (-14.4%) |
| 4BR | $3,390 | $5,200 | −$1,810 (-34.8%) |
| 4BR | $3,390 | $5,200 | −$1,810 (-34.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.