Monthly Rent Report

Watts Rent Report — December 2022

Asking rents in ZIP 90059, Los Angeles, from 63 listings.

Median 3BR rent in Watts was $2,675 in December 2022, down 17.7% (−$575) from November 2022 and up 132.6% year-over-year. The middle half of 3BR listings asked between $2,625 and $2,950. That puts Watts $1,470 below the Los Angeles citywide 3BR median of $4,145. The month's figures are based on 63 listings across 7 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. December 2021P25–P75 RangeListings
2BR$2,500+$505 (+25.3%)+$237 (+10.5%)$2,450 – $2,7505
2BR$1,999+$4 (+0.2%)−$264 (-11.7%)$1,999 – $1,9991
3BR$2,675−$575 (-17.7%)+$1,525 (+132.6%)$2,625 – $2,95037
3BR$2,925−$325 (-10.0%)+$1,775 (+154.3%)$2,844 – $3,0138
4BR$3,400+$155 (+4.8%)−$100 (-2.9%)$3,400 – $3,4001
4BR$3,400+$155 (+4.8%)−$100 (-2.9%)$3,400 – $3,40010

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

Watts vs. Los AngelesDecember 2022

BedroomsWatts MedianLos Angeles Citywide MedianDifference
2BR$2,500$2,795−$295 (-10.6%)
2BR$1,999$2,795−$796 (-28.5%)
3BR$2,675$4,145−$1,470 (-35.5%)
3BR$2,925$4,145−$1,220 (-29.4%)
4BR$3,400$4,998−$1,597 (-32.0%)
4BR$3,400$4,998−$1,597 (-32.0%)

Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.

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