Monthly Rent Report
Watts Rent Report — May 2024
Asking rents in ZIP 90002, Los Angeles, from 111 listings.
Median 1BR rent in Watts was $2,215 in May 2024, down 1.6% (−$35) from April 2024 and up 70.4% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,215. That puts Watts $120 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 111 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2024 | Vs. May 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,215 | −$35 (-1.6%) | +$915 (+70.4%) | $2,000 – $2,215 | 5 |
| 1BR | $2,215 | −$35 (-1.6%) | +$915 (+70.4%) | $2,000 – $2,395 | 23 |
| 2BR | $2,250 | −$750 (-25.0%) | −$500 (-18.2%) | $2,250 – $2,250 | 1 |
| 2BR | $2,600 | −$400 (-13.3%) | −$150 (-5.5%) | $2,275 – $3,030 | 25 |
| 3BR | $3,650 | $0 (0.0%) | +$450 (+14.1%) | $3,052 – $3,900 | 36 |
| 3BR | $3,750 | +$100 (+2.7%) | +$550 (+17.2%) | $3,750 – $3,750 | 1 |
| 4BR | $4,300 | $0 (0.0%) | +$900 (+26.5%) | $3,698 – $4,310 | 7 |
| 4BR | $4,195 | −$105 (-2.4%) | +$795 (+23.4%) | $4,195 – $4,195 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — May 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,215 | $2,095 | +$120 (+5.7%) |
| 1BR | $2,215 | $2,095 | +$120 (+5.7%) |
| 2BR | $2,250 | $2,850 | −$600 (-21.1%) |
| 2BR | $2,600 | $2,850 | −$250 (-8.8%) |
| 3BR | $3,650 | $3,969 | −$318 (-8.0%) |
| 3BR | $3,750 | $3,969 | −$218 (-5.5%) |
| 4BR | $4,300 | $5,175 | −$875 (-16.9%) |
| 4BR | $4,195 | $5,175 | −$980 (-18.9%) |
Citywide figure is the median of zip-level medians across 144 Los Angeles zip codes with listings in May 2024.