Monthly Rent Report
Watts Rent Report — October 2022
Asking rents in ZIP 90002, Los Angeles, from 32 listings.
Median 1BR rent in Watts was $1,600 in October 2022, flat versus September 2022 and up 25.5% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,675. That puts Watts $496 below the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 32 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,600 | $0 (0.0%) | +$325 (+25.5%) | $1,600 – $1,675 | 4 |
| 1BR | $1,600 | $0 (0.0%) | +$325 (+25.5%) | $1,600 – $1,600 | 2 |
| 2BR | $2,998 | +$198 (+7.1%) | +$1,353 (+82.2%) | $2,998 – $2,998 | 1 |
| 2BR | $2,998 | +$198 (+7.1%) | +$1,353 (+82.2%) | $2,998 – $2,998 | 1 |
| 3BR | $2,998 | −$202 (-6.3%) | −$152 (-4.8%) | $2,998 – $2,998 | 1 |
| 3BR | $3,465 | +$265 (+8.3%) | +$315 (+10.0%) | $2,975 – $3,465 | 15 |
| 4BR | $3,500 | $0 (0.0%) | +$505 (+16.9%) | $3,500 – $3,500 | 5 |
| 4BR | $3,700 | +$200 (+5.7%) | +$705 (+23.5%) | $3,700 – $3,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — October 2022
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,600 | $2,096 | −$496 (-23.7%) |
| 1BR | $1,600 | $2,096 | −$496 (-23.7%) |
| 2BR | $2,998 | $2,900 | +$98 (+3.4%) |
| 2BR | $2,998 | $2,900 | +$98 (+3.4%) |
| 3BR | $2,998 | $3,948 | −$949 (-24.1%) |
| 3BR | $3,465 | $3,948 | −$482 (-12.2%) |
| 4BR | $3,500 | $4,838 | −$1,337 (-27.6%) |
| 4BR | $3,700 | $4,838 | −$1,137 (-23.5%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.