Monthly Rent Report
Watts Rent Report — February 2023
Asking rents in ZIP 90059, Los Angeles, from 102 listings.
Median 3BR rent in Watts was $2,675 in February 2023, flat versus January 2023 and down 10.8% year-over-year. The middle half of 3BR listings asked between $2,625 and $2,950. That puts Watts $1,175 below the Los Angeles citywide 3BR median of $3,850. The month's figures are based on 102 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $2,450 | +$200 (+8.9%) | +$250 (+11.4%) | $2,406 – $2,450 | 8 |
| 2BR | $2,450 | +$200 (+8.9%) | +$250 (+11.4%) | $2,450 – $2,450 | 3 |
| 3BR | $3,451 | +$776 (+29.0%) | +$451 (+15.0%) | $3,213 – $3,451 | 7 |
| 3BR | $2,675 | $0 (0.0%) | −$325 (-10.8%) | $2,625 – $2,950 | 74 |
| 4BR | $3,400 | $0 (0.0%) | −$178 (-5.0%) | $3,245 – $3,400 | 9 |
| 4BR | $3,578 | +$178 (+5.2%) | $0 (0.0%) | $3,578 – $3,578 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — February 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 2BR | $2,450 | $2,773 | −$323 (-11.6%) |
| 2BR | $2,450 | $2,773 | −$323 (-11.6%) |
| 3BR | $3,451 | $3,850 | −$399 (-10.4%) |
| 3BR | $2,675 | $3,850 | −$1,175 (-30.5%) |
| 4BR | $3,400 | $4,695 | −$1,295 (-27.6%) |
| 4BR | $3,578 | $4,695 | −$1,117 (-23.8%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.