Monthly Rent Report
Watts Rent Report — July 2024
Asking rents in ZIP 90002, Los Angeles, from 23 listings.
Median 1BR rent in Watts was $1,747 in July 2024, down 1.9% (−$33) from June 2024 and down 9.2% year-over-year. The middle half of 1BR listings asked between $1,224 and $1,799. That puts Watts $348 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 23 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | — | −$195 (-10.3%) | $1,700 – $1,700 | 2 |
| 1BR | $1,747 | −$33 (-1.9%) | −$176 (-9.2%) | $1,224 – $1,799 | 3 |
| 1BR | $1,995 | +$215 (+12.1%) | +$72 (+3.7%) | $1,995 – $1,995 | 1 |
| 2BR | $2,995 | +$270 (+9.9%) | +$329 (+12.3%) | $2,995 – $2,995 | 1 |
| 2BR | $2,300 | −$425 (-15.6%) | −$366 (-13.7%) | $2,300 – $2,300 | 4 |
| 3BR | $3,600 | +$100 (+2.9%) | +$353 (+10.9%) | $3,600 – $3,600 | 3 |
| 3BR | $2,800 | −$700 (-20.0%) | −$447 (-13.8%) | $2,800 – $2,800 | 1 |
| 4BR | $4,195 | $0 (0.0%) | +$561 (+15.4%) | $4,195 – $4,195 | 1 |
| 4BR | $3,800 | −$395 (-9.4%) | +$166 (+4.6%) | $3,800 – $3,800 | 3 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — July 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,778 | −$78 (-4.4%) |
| 1BR | $1,747 | $2,095 | −$348 (-16.6%) |
| 1BR | $1,995 | $2,095 | −$100 (-4.8%) |
| 2BR | $2,995 | $2,835 | +$160 (+5.6%) |
| 2BR | $2,300 | $2,835 | −$535 (-18.9%) |
| 3BR | $3,600 | $3,900 | −$300 (-7.7%) |
| 3BR | $2,800 | $3,900 | −$1,100 (-28.2%) |
| 4BR | $4,195 | $5,270 | −$1,075 (-20.4%) |
| 4BR | $3,800 | $5,270 | −$1,470 (-27.9%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.