Monthly Rent Report
Watts Rent Report — November 2024
Asking rents in ZIP 90002, Los Angeles, from 41 listings.
Median 1BR rent in Watts was $1,850 in November 2024, up 6.8% (+$118) from October 2024 and up 9.1% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Watts $223 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 41 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | −$500 (-33.3%) | −$800 (-44.4%) | $1,000 – $1,000 | 2 |
| 1BR | $1,850 | +$118 (+6.8%) | +$155 (+9.1%) | $1,850 – $1,850 | 1 |
| 2BR | $2,300 | +$405 (+21.4%) | +$25 (+1.1%) | $2,300 – $2,300 | 1 |
| 2BR | $3,000 | +$1,105 (+58.3%) | +$725 (+31.9%) | $2,125 – $3,052 | 26 |
| 3BR | $3,525 | +$75 (+2.2%) | −$275 (-7.2%) | $3,525 – $3,600 | 7 |
| 3BR | $3,525 | +$75 (+2.2%) | −$275 (-7.2%) | $3,525 – $3,525 | 1 |
| 4BR | $3,438 | +$63 (+1.9%) | −$382 (-10.0%) | $3,406 – $3,469 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — November 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,750 | −$750 (-42.9%) |
| 1BR | $1,850 | $2,073 | −$222 (-10.7%) |
| 2BR | $2,300 | $2,850 | −$550 (-19.3%) |
| 2BR | $3,000 | $2,850 | +$150 (+5.3%) |
| 3BR | $3,525 | $3,895 | −$370 (-9.5%) |
| 3BR | $3,525 | $3,895 | −$370 (-9.5%) |
| 4BR | $3,438 | $5,220 | −$1,782 (-34.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.