Monthly Rent Report
Watts Rent Report — June 2023
Asking rents in ZIP 90059, Los Angeles, from 84 listings.
Median 1BR rent in Watts was $1,895 in June 2023, up 11.5% (+$195) from May 2023. The middle half of 1BR listings asked between $1,895 and $1,895. That puts Watts $205 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 84 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,895 | +$195 (+11.5%) | — | $1,895 – $1,895 | 1 |
| 2BR | $1,895 | −$300 (-13.7%) | +$45 (+2.4%) | $1,870 – $1,898 | 3 |
| 2BR | $1,850 | −$345 (-15.7%) | $0 (0.0%) | $1,850 – $1,850 | 2 |
| 3BR | $2,675 | −$125 (-4.5%) | −$425 (-13.7%) | $2,625 – $2,950 | 58 |
| 3BR | $3,410 | +$610 (+21.8%) | +$310 (+10.0%) | $3,410 – $3,410 | 1 |
| 4BR | $3,245 | −$555 (-14.6%) | −$333 (-9.3%) | $3,245 – $3,245 | 18 |
| 4BR | $3,500 | −$300 (-7.9%) | −$78 (-2.2%) | $3,500 – $3,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — June 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,895 | $2,100 | −$205 (-9.8%) |
| 2BR | $1,895 | $2,900 | −$1,005 (-34.7%) |
| 2BR | $1,850 | $2,900 | −$1,050 (-36.2%) |
| 3BR | $2,675 | $3,850 | −$1,175 (-30.5%) |
| 3BR | $3,410 | $3,850 | −$440 (-11.4%) |
| 4BR | $3,245 | $5,100 | −$1,855 (-36.4%) |
| 4BR | $3,500 | $5,100 | −$1,600 (-31.4%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.