Monthly Rent Report
Watts Rent Report — May 2022
Asking rents in ZIP 90059, Los Angeles, from 40 listings.
Median 3BR rent in Watts was $2,675 in May 2022, up 7.0% (+$175) from April 2022 and up 1.9% year-over-year. The middle half of 3BR listings asked between $2,625 and $2,950. That puts Watts $1,320 below the Los Angeles citywide 3BR median of $3,995. The month's figures are based on 40 listings across 3 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $1,750 | — | −$185 (-9.6%) | $1,750 – $1,750 | 1 |
| 3BR | $2,675 | +$175 (+7.0%) | +$50 (+1.9%) | $2,625 – $2,950 | 27 |
| 4BR | $3,245 | $0 (0.0%) | — | $3,245 – $3,245 | 12 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — May 2022
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 2BR | $1,750 | $2,800 | −$1,050 (-37.5%) |
| 3BR | $2,675 | $3,995 | −$1,320 (-33.0%) |
| 4BR | $3,245 | $5,100 | −$1,855 (-36.4%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.