Monthly Rent Report
Watts Rent Report — April 2024
Asking rents in ZIP 90002, Los Angeles, from 137 listings.
Median 1BR rent in Watts was $2,250 in April 2024, up 73.1% (+$950) from March 2024 and up 40.6% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Watts $155 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 137 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,250 | +$950 (+73.1%) | +$650 (+40.6%) | $2,250 – $2,250 | 1 |
| 1BR | $2,100 | +$800 (+61.5%) | +$500 (+31.3%) | $1,500 – $2,395 | 29 |
| 2BR | $3,000 | +$1,150 (+62.2%) | +$1,560 (+108.3%) | $3,000 – $3,000 | 1 |
| 2BR | $2,650 | +$800 (+43.2%) | +$1,210 (+84.0%) | $2,275 – $2,800 | 23 |
| 3BR | $3,650 | +$50 (+1.4%) | +$450 (+14.1%) | $3,240 – $3,900 | 43 |
| 3BR | $3,750 | +$150 (+4.2%) | +$550 (+17.2%) | $3,750 – $3,750 | 1 |
| 4BR | $4,300 | +$900 (+26.5%) | +$900 (+26.5%) | $3,600 – $4,305 | 8 |
| 4BR | $4,300 | +$900 (+26.5%) | +$900 (+26.5%) | $4,125 – $4,320 | 12 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — April 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,250 | $2,095 | +$155 (+7.4%) |
| 1BR | $2,100 | $2,095 | +$5 (+0.2%) |
| 2BR | $3,000 | $2,833 | +$167 (+5.9%) |
| 2BR | $2,650 | $2,833 | −$183 (-6.5%) |
| 3BR | $3,650 | $3,950 | −$300 (-7.6%) |
| 3BR | $3,750 | $3,950 | −$200 (-5.1%) |
| 4BR | $4,300 | $4,999 | −$699 (-14.0%) |
| 4BR | $4,300 | $4,999 | −$699 (-14.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.