Monthly Rent Report
Watts Rent Report — January 2024
Asking rents in ZIP 90002, Los Angeles, from 89 listings.
Median 1BR rent in Watts was $2,299 in January 2024, up 41.5% (+$674) from December 2023 and up 27.7% year-over-year. The middle half of 1BR listings asked between $2,199 and $2,415. That puts Watts $203 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 89 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,299 | +$674 (+41.5%) | +$499 (+27.7%) | $2,199 – $2,415 | 21 |
| 1BR | $2,299 | +$674 (+41.5%) | +$499 (+27.7%) | $2,299 – $2,415 | 7 |
| 2BR | $2,850 | +$400 (+16.3%) | +$900 (+46.2%) | $2,650 – $3,020 | 19 |
| 2BR | $2,835 | +$385 (+15.7%) | +$885 (+45.4%) | $2,650 – $3,020 | 8 |
| 3BR | $3,550 | −$250 (-6.6%) | +$850 (+31.5%) | $3,490 – $3,900 | 21 |
| 3BR | $3,250 | −$550 (-14.5%) | +$550 (+20.4%) | $3,250 – $3,250 | 1 |
| 4BR | $3,915 | −$505 (-11.4%) | — | $3,883 – $3,915 | 3 |
| 4BR | $3,915 | −$505 (-11.4%) | — | $3,915 – $3,915 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — January 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,299 | $2,097 | +$203 (+9.7%) |
| 1BR | $2,299 | $2,097 | +$203 (+9.7%) |
| 2BR | $2,850 | $2,795 | +$55 (+2.0%) |
| 2BR | $2,835 | $2,795 | +$40 (+1.4%) |
| 3BR | $3,550 | $3,950 | −$400 (-10.1%) |
| 3BR | $3,250 | $3,950 | −$700 (-17.7%) |
| 4BR | $3,915 | $5,200 | −$1,285 (-24.7%) |
| 4BR | $3,915 | $5,200 | −$1,285 (-24.7%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.