Monthly Rent Report
Watts Rent Report — April 2023
Asking rents in ZIP 90059, Los Angeles, from 94 listings.
Median 3BR rent in Watts was $2,675 in April 2023, up 0.9% (+$25) from March 2023 and up 7.0% year-over-year. The middle half of 3BR listings asked between $2,625 and $2,961. That puts Watts $1,220 below the Los Angeles citywide 3BR median of $3,895. The month's figures are based on 94 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 2BR | $2,248 | +$403 (+21.8%) | — | $1,895 – $2,325 | 8 |
| 2BR | $2,400 | +$555 (+30.1%) | — | $2,400 – $2,400 | 1 |
| 3BR | $2,675 | +$25 (+0.9%) | +$175 (+7.0%) | $2,625 – $2,961 | 60 |
| 3BR | $3,950 | +$1,300 (+49.1%) | +$1,450 (+58.0%) | $3,950 – $3,950 | 1 |
| 4BR | $3,245 | −$155 (-4.6%) | $0 (0.0%) | $3,245 – $3,245 | 5 |
| 4BR | $3,245 | −$155 (-4.6%) | $0 (0.0%) | $3,245 – $3,245 | 5 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — April 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 2BR | $2,248 | $2,795 | −$547 (-19.6%) |
| 2BR | $2,400 | $2,795 | −$395 (-14.1%) |
| 3BR | $2,675 | $3,895 | −$1,220 (-31.3%) |
| 3BR | $3,950 | $3,895 | +$55 (+1.4%) |
| 4BR | $3,245 | $4,970 | −$1,725 (-34.7%) |
| 4BR | $3,245 | $4,970 | −$1,725 (-34.7%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.