Monthly Rent Report
Watts Rent Report — June 2024
Asking rents in ZIP 90002, Los Angeles, from 170 listings.
Median 1BR rent in Watts was $2,215 in June 2024, flat versus May 2024 and up 16.6% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,400. That puts Watts $115 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 170 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,215 | $0 (0.0%) | +$315 (+16.6%) | $1,850 – $2,400 | 32 |
| 1BR | $1,780 | −$435 (-19.6%) | −$120 (-6.3%) | $1,780 – $1,780 | 1 |
| 2BR | $2,600 | +$350 (+15.6%) | −$66 (-2.5%) | $2,481 – $2,800 | 48 |
| 2BR | $2,725 | +$475 (+21.1%) | +$59 (+2.2%) | $2,725 – $2,725 | 1 |
| 3BR | $2,800 | −$850 (-23.3%) | −$400 (-12.5%) | $2,800 – $2,800 | 1 |
| 3BR | $3,500 | −$150 (-4.1%) | +$300 (+9.4%) | $3,400 – $3,900 | 58 |
| 4BR | $4,195 | −$105 (-2.4%) | +$695 (+19.9%) | $3,700 – $4,320 | 13 |
| 4BR | $4,195 | −$105 (-2.4%) | +$695 (+19.9%) | $4,195 – $4,195 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — June 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,215 | $2,100 | +$115 (+5.5%) |
| 1BR | $1,780 | $2,100 | −$320 (-15.2%) |
| 2BR | $2,600 | $2,885 | −$285 (-9.9%) |
| 2BR | $2,725 | $2,885 | −$160 (-5.5%) |
| 3BR | $2,800 | $3,900 | −$1,100 (-28.2%) |
| 3BR | $3,500 | $3,900 | −$400 (-10.3%) |
| 4BR | $4,195 | $5,000 | −$805 (-16.1%) |
| 4BR | $4,195 | $5,000 | −$805 (-16.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.