Monthly Rent Report
Watts Rent Report — November 2022
Asking rents in ZIP 90002, Los Angeles, from 24 listings.
Median 1BR rent in Watts was $1,700 in November 2022, up 6.3% (+$100) from October 2022 and down 3.6% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,898. That puts Watts $366 below the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 24 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,700 | +$100 (+6.3%) | −$64 (-3.6%) | $1,700 – $1,898 | 3 |
| 1BR | $1,700 | +$100 (+6.3%) | −$64 (-3.6%) | $1,700 – $1,700 | 1 |
| 2BR | $2,452 | −$546 (-18.2%) | +$807 (+49.1%) | $2,452 – $2,452 | 7 |
| 2BR | $1,998 | −$1,000 (-33.4%) | +$353 (+21.5%) | $1,998 – $1,998 | 2 |
| 3BR | $3,200 | −$265 (-7.6%) | +$450 (+16.4%) | $3,200 – $3,200 | 4 |
| 3BR | $3,200 | −$265 (-7.6%) | +$450 (+16.4%) | $3,200 – $3,200 | 1 |
| 4BR | $3,513 | −$187 (-5.1%) | — | $3,500 – $3,525 | 4 |
| 4BR | $3,513 | −$187 (-5.1%) | — | $3,506 – $3,519 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — November 2022
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,700 | $2,066 | −$366 (-17.7%) |
| 1BR | $1,700 | $2,066 | −$366 (-17.7%) |
| 2BR | $2,452 | $2,873 | −$420 (-14.6%) |
| 2BR | $1,998 | $2,873 | −$874 (-30.4%) |
| 3BR | $3,200 | $3,700 | −$500 (-13.5%) |
| 3BR | $3,200 | $3,700 | −$500 (-13.5%) |
| 4BR | $3,513 | $5,000 | −$1,487 (-29.8%) |
| 4BR | $3,513 | $5,000 | −$1,487 (-29.8%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.