Monthly Rent Report
Watts Rent Report — March 2020
Asking rents in ZIP 90059, Los Angeles, from 22 listings.
Median 1BR rent in Watts was $1,550 in March 2020, down 2.8% (−$45) from February 2020. The middle half of 1BR listings asked between $1,475 and $1,550. That puts Watts $300 below the Los Angeles citywide 1BR median of $1,850. The month's figures are based on 22 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2020 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,550 | −$45 (-2.8%) | — | $1,475 – $1,550 | 3 |
| 1BR | $1,550 | −$45 (-2.8%) | — | $1,475 – $1,550 | 3 |
| 2BR | $1,985 | −$262 (-11.7%) | — | $1,931 – $2,059 | 4 |
| 2BR | $1,985 | −$262 (-11.7%) | — | $1,931 – $2,059 | 4 |
| 3BR | $2,395 | −$342 (-12.5%) | — | $2,390 – $2,509 | 4 |
| 3BR | $2,395 | −$342 (-12.5%) | — | $2,390 – $2,509 | 4 |
Median, P25, and P75 are asking rents from listings posted in March 2020. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — March 2020
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,550 | $1,850 | −$300 (-16.2%) |
| 1BR | $1,550 | $1,850 | −$300 (-16.2%) |
| 2BR | $1,985 | $2,475 | −$490 (-19.8%) |
| 2BR | $1,985 | $2,475 | −$490 (-19.8%) |
| 3BR | $2,395 | $3,329 | −$934 (-28.1%) |
| 3BR | $2,395 | $3,329 | −$934 (-28.1%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in March 2020.