Monthly Rent Report
Watts Rent Report — April 2023
Asking rents in ZIP 90002, Los Angeles, from 62 listings.
Median 1BR rent in Watts was $1,700 in April 2023, up 6.3% (+$100) from March 2023 and up 0.3% year-over-year. The middle half of 1BR listings asked between $1,600 and $2,096. That puts Watts $397 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 62 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | — | — | $1,500 – $1,500 | 1 |
| Studio | $1,840 | — | — | $1,840 – $1,840 | 2 |
| 1BR | $1,700 | +$100 (+6.3%) | +$5 (+0.3%) | $1,600 – $2,096 | 13 |
| 1BR | $1,600 | $0 (0.0%) | −$95 (-5.6%) | $1,600 – $1,898 | 11 |
| 2BR | $1,440 | −$558 (-27.9%) | −$385 (-21.1%) | $1,440 – $1,440 | 1 |
| 2BR | $1,998 | $0 (0.0%) | +$173 (+9.5%) | $1,998 – $1,998 | 1 |
| 3BR | $3,200 | +$75 (+2.4%) | −$265 (-7.6%) | $2,985 – $3,350 | 23 |
| 3BR | $3,200 | +$75 (+2.4%) | −$265 (-7.6%) | $3,200 – $3,200 | 1 |
| 4BR | $3,400 | −$400 (-10.5%) | −$100 (-2.9%) | $3,400 – $3,400 | 6 |
| 4BR | $3,400 | −$400 (-10.5%) | −$100 (-2.9%) | $3,400 – $3,400 | 3 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — April 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,775 | −$275 (-15.5%) |
| Studio | $1,840 | $1,775 | +$65 (+3.7%) |
| 1BR | $1,700 | $2,097 | −$397 (-18.9%) |
| 1BR | $1,600 | $2,097 | −$497 (-23.7%) |
| 2BR | $1,440 | $2,795 | −$1,355 (-48.5%) |
| 2BR | $1,998 | $2,795 | −$797 (-28.5%) |
| 3BR | $3,200 | $3,895 | −$695 (-17.8%) |
| 3BR | $3,200 | $3,895 | −$695 (-17.8%) |
| 4BR | $3,400 | $4,970 | −$1,570 (-31.6%) |
| 4BR | $3,400 | $4,970 | −$1,570 (-31.6%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.