Monthly Rent Report
Watts Rent Report — August 2024
Asking rents in ZIP 90002, Los Angeles, from 29 listings.
Median 1BR rent in Watts was $2,250 in August 2024, up 28.8% (+$503) from July 2024 and up 60.7% 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 29 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | +$195 (+11.5%) | $0 (0.0%) | $1,895 – $1,895 | 3 |
| 1BR | $2,250 | +$503 (+28.8%) | +$850 (+60.7%) | $2,250 – $2,250 | 1 |
| 1BR | $2,335 | +$588 (+33.7%) | +$935 (+66.8%) | $2,335 – $2,335 | 10 |
| 2BR | $2,148 | −$847 (-28.3%) | −$552 (-20.5%) | $2,021 – $2,274 | 2 |
| 3BR | $2,295 | −$1,305 (-36.3%) | −$190 (-7.6%) | $2,295 – $2,295 | 1 |
| 4BR | $4,195 | $0 (0.0%) | +$561 (+15.4%) | $3,850 – $4,320 | 9 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — August 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,750 | +$145 (+8.3%) |
| 1BR | $2,250 | $2,095 | +$155 (+7.4%) |
| 1BR | $2,335 | $2,095 | +$240 (+11.5%) |
| 2BR | $2,148 | $2,795 | −$647 (-23.2%) |
| 3BR | $2,295 | $4,000 | −$1,705 (-42.6%) |
| 4BR | $4,195 | $4,895 | −$700 (-14.3%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.