Monthly Rent Report
Watts Rent Report — December 2024
Asking rents in ZIP 90002, Los Angeles, from 73 listings.
Median 1BR rent in Watts was $1,732 in December 2024, down 6.4% (−$118) from November 2024 and up 6.6% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,762. That puts Watts $336 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 73 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,000 | $0 (0.0%) | −$895 (-47.2%) | $1,000 – $1,000 | 1 |
| 1BR | $1,732 | −$118 (-6.4%) | +$107 (+6.6%) | $1,650 – $1,762 | 12 |
| 1BR | $1,650 | −$200 (-10.8%) | +$25 (+1.5%) | $1,650 – $1,650 | 1 |
| 2BR | $2,500 | +$200 (+8.7%) | −$150 (-5.7%) | $2,238 – $2,700 | 32 |
| 2BR | $2,400 | +$100 (+4.3%) | −$250 (-9.4%) | $2,100 – $2,625 | 6 |
| 3BR | $3,200 | −$325 (-9.2%) | +$325 (+11.3%) | $3,181 – $3,350 | 7 |
| 3BR | $3,200 | −$325 (-9.2%) | +$325 (+11.3%) | $3,181 – $3,350 | 7 |
| 4BR | $3,288 | −$150 (-4.4%) | −$1,082 (-24.8%) | $3,200 – $3,375 | 4 |
| 4BR | $3,550 | +$113 (+3.3%) | −$820 (-18.8%) | $3,550 – $3,550 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — December 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,000 | $1,725 | −$725 (-42.0%) |
| 1BR | $1,732 | $2,068 | −$335 (-16.2%) |
| 1BR | $1,650 | $2,068 | −$417 (-20.2%) |
| 2BR | $2,500 | $2,750 | −$250 (-9.1%) |
| 2BR | $2,400 | $2,750 | −$350 (-12.7%) |
| 3BR | $3,200 | $3,995 | −$795 (-19.9%) |
| 3BR | $3,200 | $3,995 | −$795 (-19.9%) |
| 4BR | $3,288 | $4,900 | −$1,612 (-32.9%) |
| 4BR | $3,550 | $4,900 | −$1,350 (-27.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.