Monthly Rent Report
Watts Rent Report — October 2024
Asking rents in ZIP 90002, Los Angeles, from 73 listings.
Median 1BR rent in Watts was $1,995 in October 2024, flat versus September 2024 and up 17.5% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Watts in line with the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 73 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$395 (-20.8%) | −$395 (-20.8%) | $1,500 – $1,500 | 1 |
| 1BR | $1,995 | $0 (0.0%) | +$298 (+17.5%) | $1,995 – $1,995 | 1 |
| 1BR | $1,732 | −$263 (-13.2%) | +$35 (+2.0%) | $1,732 – $1,732 | 5 |
| 2BR | $2,100 | −$150 (-6.7%) | −$476 (-18.5%) | $2,000 – $2,100 | 5 |
| 2BR | $1,895 | −$355 (-15.8%) | −$681 (-26.4%) | $1,895 – $1,895 | 1 |
| 3BR | $3,450 | −$350 (-9.2%) | +$150 (+4.5%) | $3,161 – $3,600 | 27 |
| 3BR | $3,161 | −$639 (-16.8%) | −$139 (-4.2%) | $3,021 – $3,450 | 18 |
| 4BR | $3,800 | −$520 (-12.0%) | +$300 (+8.6%) | $3,575 – $4,190 | 6 |
| 4BR | $3,375 | −$945 (-21.9%) | −$125 (-3.6%) | $3,375 – $3,375 | 6 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — October 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,700 | −$200 (-11.8%) |
| 1BR | $1,995 | $2,011 | −$16 (-0.8%) |
| 1BR | $1,732 | $2,011 | −$279 (-13.9%) |
| 2BR | $2,100 | $2,727 | −$627 (-23.0%) |
| 2BR | $1,895 | $2,727 | −$832 (-30.5%) |
| 3BR | $3,450 | $3,816 | −$366 (-9.6%) |
| 3BR | $3,161 | $3,816 | −$655 (-17.2%) |
| 4BR | $3,800 | $5,225 | −$1,425 (-27.3%) |
| 4BR | $3,375 | $5,225 | −$1,850 (-35.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.