Monthly Rent Report

Watts Rent Report — August 2022

Asking rents in ZIP 90059, Los Angeles, from 84 listings.

Median 3BR rent in Watts was $2,850 in August 2022, down 3.4% (−$100) from July 2022 and up 6.5% year-over-year. The middle half of 3BR listings asked between $2,675 and $2,950. That puts Watts $945 below the Los Angeles citywide 3BR median of $3,795. The month's figures are based on 84 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2022Vs. August 2021P25–P75 RangeListings
2BR$1,950+$100 (+5.4%)−$179 (-8.4%)$1,850 – $2,0504
2BR$1,850$0 (0.0%)−$279 (-13.1%)$1,850 – $1,8502
3BR$2,850−$100 (-3.4%)+$175 (+6.5%)$2,675 – $2,95044
3BR$2,850−$100 (-3.4%)+$175 (+6.5%)$2,675 – $2,95017
4BR$3,245$0 (0.0%)$3,245 – $3,2454
4BR$3,245$0 (0.0%)$3,245 – $3,24512

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

Watts vs. Los AngelesAugust 2022

BedroomsWatts MedianLos Angeles Citywide MedianDifference
2BR$1,950$2,880−$930 (-32.3%)
2BR$1,850$2,880−$1,030 (-35.8%)
3BR$2,850$3,795−$945 (-24.9%)
3BR$2,850$3,795−$945 (-24.9%)
4BR$3,245$5,200−$1,955 (-37.6%)
4BR$3,245$5,200−$1,955 (-37.6%)

Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.

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