Monthly Rent Report
Watts Rent Report — September 2024
Asking rents in ZIP 90002, Los Angeles, from 49 listings.
Median 1BR rent in Watts was $1,650 in September 2024, down 29.3% (−$685) from August 2024 and down 17.5% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,650. That puts Watts $349 below the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 49 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | $0 (0.0%) | — | $1,895 – $1,895 | 1 |
| 1BR | $1,650 | −$685 (-29.3%) | −$350 (-17.5%) | $1,550 – $1,650 | 5 |
| 1BR | $1,995 | −$340 (-14.6%) | −$5 (-0.3%) | $1,995 – $1,995 | 1 |
| 2BR | $2,700 | +$553 (+25.7%) | +$34 (+1.3%) | $2,700 – $2,700 | 2 |
| 2BR | $2,250 | +$103 (+4.8%) | −$416 (-15.6%) | $2,250 – $2,250 | 1 |
| 3BR | $3,495 | +$1,200 (+52.3%) | +$395 (+12.7%) | $3,156 – $3,600 | 27 |
| 3BR | $3,800 | +$1,505 (+65.6%) | +$700 (+22.6%) | $3,800 – $3,800 | 2 |
| 4BR | $4,320 | +$125 (+3.0%) | +$920 (+27.1%) | $1,750 – $4,320 | 9 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — September 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,755 | +$140 (+8.0%) |
| 1BR | $1,650 | $1,999 | −$348 (-17.4%) |
| 1BR | $1,995 | $1,999 | −$3 (-0.2%) |
| 2BR | $2,700 | $2,795 | −$95 (-3.4%) |
| 2BR | $2,250 | $2,795 | −$545 (-19.5%) |
| 3BR | $3,495 | $3,850 | −$355 (-9.2%) |
| 3BR | $3,800 | $3,850 | −$50 (-1.3%) |
| 4BR | $4,320 | $4,995 | −$675 (-13.5%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.