Monthly Rent Report

Watts Rent Report — July 2022

Asking rents in ZIP 90059, Los Angeles, from 55 listings.

Median 1BR rent in Watts was $1,750 in July 2022 and up 6.1% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts Watts $350 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 55 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2022Vs. July 2021P25–P75 RangeListings
1BR$1,750+$100 (+6.1%)$1,750 – $1,7501
2BR$2,100+$250 (+13.5%)+$105 (+5.3%)$2,100 – $2,1001
2BR$1,850$0 (0.0%)−$145 (-7.3%)$1,850 – $1,8502
3BR$2,950−$150 (-4.8%)+$450 (+18.0%)$2,675 – $3,20026
3BR$2,500−$600 (-19.4%)$0 (0.0%)$2,500 – $2,5001
4BR$3,245−$333 (-9.3%)$3,245 – $3,24518
4BR$3,245−$333 (-9.3%)$3,245 – $3,2455

Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.

Watts vs. Los AngelesJuly 2022

BedroomsWatts MedianLos Angeles Citywide MedianDifference
1BR$1,750$2,100−$350 (-16.7%)
2BR$2,100$2,995−$895 (-29.9%)
2BR$1,850$2,995−$1,145 (-38.2%)
3BR$2,950$3,900−$950 (-24.4%)
3BR$2,500$3,900−$1,400 (-35.9%)
4BR$3,245$5,273−$2,027 (-38.5%)
4BR$3,245$5,273−$2,027 (-38.5%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.

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