Monthly Rent Report
Watts Rent Report — November 2023
Asking rents in ZIP 90002, Los Angeles, from 80 listings.
Median 1BR rent in Watts was $2,407 in November 2023, up 48.1% (+$782) from October 2023 and up 41.6% year-over-year. The middle half of 1BR listings asked between $2,407 and $2,407. That puts Watts $282 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 80 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | −$95 (-5.0%) | — | $1,800 – $1,800 | 3 |
| Studio | $1,800 | −$95 (-5.0%) | — | $1,800 – $1,800 | 3 |
| 1BR | $2,407 | +$782 (+48.1%) | +$707 (+41.6%) | $2,407 – $2,407 | 5 |
| 1BR | $1,695 | +$70 (+4.3%) | −$5 (-0.3%) | $1,695 – $1,695 | 1 |
| 2BR | $2,275 | −$301 (-11.7%) | +$277 (+13.9%) | $2,275 – $2,275 | 1 |
| 2BR | $2,250 | −$326 (-12.7%) | +$252 (+12.6%) | $2,100 – $2,499 | 9 |
| 3BR | $3,200 | +$1,050 (+48.8%) | $0 (0.0%) | $2,995 – $3,858 | 35 |
| 3BR | $3,800 | +$1,650 (+76.7%) | +$600 (+18.8%) | $2,995 – $3,915 | 8 |
| 4BR | $3,915 | $0 (0.0%) | +$403 (+11.5%) | $3,915 – $3,915 | 2 |
| 4BR | $3,820 | −$95 (-2.4%) | +$308 (+8.8%) | $3,820 – $3,915 | 9 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — November 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,775 | +$25 (+1.4%) |
| Studio | $1,800 | $1,775 | +$25 (+1.4%) |
| 1BR | $2,407 | $2,125 | +$282 (+13.3%) |
| 1BR | $1,695 | $2,125 | −$430 (-20.2%) |
| 2BR | $2,275 | $2,795 | −$520 (-18.6%) |
| 2BR | $2,250 | $2,795 | −$545 (-19.5%) |
| 3BR | $3,200 | $3,950 | −$750 (-19.0%) |
| 3BR | $3,800 | $3,950 | −$150 (-3.8%) |
| 4BR | $3,915 | $4,994 | −$1,079 (-21.6%) |
| 4BR | $3,820 | $4,994 | −$1,174 (-23.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.