Monthly Rent Report
Watts Rent Report — May 2023
Asking rents in ZIP 90059, Los Angeles, from 96 listings.
Median 1BR rent in Watts was $1,700 in May 2023. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Watts $422 below the Los Angeles citywide 1BR median of $2,122. The month's figures are based on 96 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2023 | Vs. May 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,700 | — | — | $1,700 – $1,700 | 1 |
| 1BR | $1,700 | — | — | $1,700 – $1,700 | 1 |
| 2BR | $2,195 | −$52 (-2.3%) | +$445 (+25.4%) | $1,895 – $2,400 | 9 |
| 2BR | $2,298 | +$50 (+2.2%) | +$548 (+31.3%) | $2,108 – $2,400 | 4 |
| 3BR | $2,800 | +$125 (+4.7%) | +$125 (+4.7%) | $2,625 – $2,950 | 53 |
| 3BR | $2,950 | +$275 (+10.3%) | +$275 (+10.3%) | $2,875 – $2,950 | 7 |
| 4BR | $3,245 | $0 (0.0%) | $0 (0.0%) | $3,245 – $3,245 | 18 |
| 4BR | $3,800 | +$555 (+17.1%) | +$555 (+17.1%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — May 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,700 | $2,122 | −$422 (-19.9%) |
| 1BR | $1,700 | $2,122 | −$422 (-19.9%) |
| 2BR | $2,195 | $2,780 | −$585 (-21.0%) |
| 2BR | $2,298 | $2,780 | −$482 (-17.4%) |
| 3BR | $2,800 | $3,943 | −$1,142 (-29.0%) |
| 3BR | $2,950 | $3,943 | −$992 (-25.2%) |
| 4BR | $3,245 | $5,000 | −$1,755 (-35.1%) |
| 4BR | $3,800 | $5,000 | −$1,200 (-24.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2023.