Monthly Rent Report
Watts Rent Report — June 2023
Asking rents in ZIP 90002, Los Angeles, from 22 listings.
Median 1BR rent in Watts was $2,096 in June 2023, up 61.2% (+$796) from May 2023 and up 44.6% year-over-year. The middle half of 1BR listings asked between $2,096 and $2,096. That puts Watts in line with the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 22 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,096 | +$796 (+61.2%) | +$646 (+44.6%) | $2,096 – $2,096 | 2 |
| 1BR | $1,900 | +$600 (+46.2%) | +$450 (+31.0%) | $1,900 – $1,900 | 1 |
| 2BR | $2,666 | $0 (0.0%) | — | $2,666 – $2,666 | 1 |
| 2BR | $2,666 | $0 (0.0%) | — | $2,666 – $2,666 | 1 |
| 3BR | $3,500 | +$300 (+9.4%) | — | $3,500 – $3,500 | 1 |
| 3BR | $3,200 | $0 (0.0%) | — | $3,200 – $3,400 | 11 |
| 4BR | $3,464 | +$64 (+1.9%) | — | $3,357 – $3,464 | 3 |
| 4BR | $3,500 | +$100 (+2.9%) | — | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — June 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,096 | $2,100 | −$4 (-0.2%) |
| 1BR | $1,900 | $2,100 | −$200 (-9.5%) |
| 2BR | $2,666 | $2,900 | −$234 (-8.1%) |
| 2BR | $2,666 | $2,900 | −$234 (-8.1%) |
| 3BR | $3,500 | $3,850 | −$350 (-9.1%) |
| 3BR | $3,200 | $3,850 | −$650 (-16.9%) |
| 4BR | $3,464 | $5,100 | −$1,636 (-32.1%) |
| 4BR | $3,500 | $5,100 | −$1,600 (-31.4%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.