Monthly Rent Report
Watts Rent Report — January 2023
Asking rents in ZIP 90002, Los Angeles, from 18 listings.
Median 1BR rent in Watts was $1,800 in January 2023, up 7.5% (+$125) from December 2022 and down 19.9% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Watts $325 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 18 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | — | — | $1,750 – $1,750 | 1 |
| Studio | $1,750 | — | — | $1,750 – $1,750 | 2 |
| 1BR | $1,800 | +$125 (+7.5%) | −$448 (-19.9%) | $1,800 – $1,800 | 2 |
| 1BR | $2,450 | +$775 (+46.3%) | +$202 (+9.0%) | $2,450 – $2,450 | 1 |
| 2BR | $2,450 | −$345 (-12.3%) | −$350 (-12.5%) | $2,450 – $2,451 | 3 |
| 2BR | $1,950 | −$845 (-30.2%) | −$850 (-30.4%) | $1,950 – $1,950 | 1 |
| 3BR | $2,700 | −$250 (-8.5%) | — | $2,700 – $2,700 | 5 |
| 3BR | $2,700 | −$250 (-8.5%) | — | $2,700 – $2,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — January 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,795 | −$45 (-2.5%) |
| Studio | $1,750 | $1,795 | −$45 (-2.5%) |
| 1BR | $1,800 | $2,125 | −$325 (-15.3%) |
| 1BR | $2,450 | $2,125 | +$325 (+15.3%) |
| 2BR | $2,450 | $2,861 | −$411 (-14.4%) |
| 2BR | $1,950 | $2,861 | −$911 (-31.8%) |
| 3BR | $2,700 | $3,848 | −$1,147 (-29.8%) |
| 3BR | $2,700 | $3,848 | −$1,147 (-29.8%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.