Monthly Rent Report
Watts Rent Report — February 2023
Asking rents in ZIP 90002, Los Angeles, from 55 listings.
Median 1BR rent in Watts was $1,700 in February 2023, down 30.6% (−$750) from January 2023 and down 3.6% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Watts $425 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 55 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$300 (-17.1%) | — | $1,450 – $1,450 | 2 |
| Studio | $1,450 | −$300 (-17.1%) | — | $1,450 – $1,450 | 1 |
| 1BR | $1,700 | −$750 (-30.6%) | −$64 (-3.6%) | $1,700 – $1,700 | 2 |
| 1BR | $1,700 | −$750 (-30.6%) | −$64 (-3.6%) | $1,700 – $1,700 | 7 |
| 2BR | $2,452 | +$2 (+0.1%) | +$77 (+3.2%) | $2,452 – $2,452 | 3 |
| 2BR | $1,998 | −$452 (-18.4%) | −$377 (-15.9%) | $1,998 – $1,998 | 1 |
| 3BR | $3,000 | +$300 (+11.1%) | −$195 (-6.1%) | $3,000 – $3,000 | 1 |
| 3BR | $2,995 | +$295 (+10.9%) | −$200 (-6.3%) | $2,825 – $3,465 | 19 |
| 4BR | $3,750 | — | — | $3,700 – $3,875 | 6 |
| 4BR | $3,750 | — | — | $3,700 – $3,875 | 6 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — February 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,795 | −$345 (-19.2%) |
| Studio | $1,450 | $1,795 | −$345 (-19.2%) |
| 1BR | $1,700 | $2,125 | −$425 (-20.0%) |
| 1BR | $1,700 | $2,125 | −$425 (-20.0%) |
| 2BR | $2,452 | $2,773 | −$321 (-11.6%) |
| 2BR | $1,998 | $2,773 | −$775 (-27.9%) |
| 3BR | $3,000 | $3,850 | −$850 (-22.1%) |
| 3BR | $2,995 | $3,850 | −$855 (-22.2%) |
| 4BR | $3,750 | $4,695 | −$945 (-20.1%) |
| 4BR | $3,750 | $4,695 | −$945 (-20.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.