Monthly Rent Report
Watts Rent Report — December 2022
Asking rents in ZIP 90002, Los Angeles, from 43 listings.
Median 1BR rent in Watts was $1,675 in December 2022, down 1.5% (−$25) from November 2022 and up 16.3% year-over-year. The middle half of 1BR listings asked between $1,663 and $1,688. That puts Watts $418 below the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 43 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,675 | −$25 (-1.5%) | +$235 (+16.3%) | $1,663 – $1,688 | 2 |
| 1BR | $1,850 | +$150 (+8.8%) | +$410 (+28.5%) | $1,850 – $1,850 | 2 |
| 2BR | $2,795 | +$343 (+14.0%) | +$770 (+38.0%) | $2,795 – $2,795 | 1 |
| 2BR | $2,452 | $0 (0.0%) | +$427 (+21.1%) | $2,452 – $2,452 | 1 |
| 3BR | $2,950 | −$250 (-7.8%) | −$23 (-0.8%) | $2,950 – $2,950 | 1 |
| 3BR | $2,950 | −$250 (-7.8%) | −$23 (-0.8%) | $2,700 – $3,000 | 14 |
| 4BR | $3,700 | +$188 (+5.3%) | — | $3,700 – $3,700 | 2 |
| 4BR | $3,700 | +$188 (+5.3%) | — | $3,700 – $3,700 | 6 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — December 2022
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,675 | $2,093 | −$417 (-20.0%) |
| 1BR | $1,850 | $2,093 | −$242 (-11.6%) |
| 2BR | $2,795 | $2,795 | $0 (0.0%) |
| 2BR | $2,452 | $2,795 | −$343 (-12.3%) |
| 3BR | $2,950 | $4,145 | −$1,195 (-28.8%) |
| 3BR | $2,950 | $4,145 | −$1,195 (-28.8%) |
| 4BR | $3,700 | $4,998 | −$1,297 (-26.0%) |
| 4BR | $3,700 | $4,998 | −$1,297 (-26.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.