Monthly Rent Report
Watts Rent Report — September 2023
Asking rents in ZIP 90059, Los Angeles, from 27 listings.
Median 1BR rent in Watts was $2,407 in September 2023, up 27.0% (+$512) from August 2023. The middle half of 1BR listings asked between $2,407 and $2,407. That puts Watts $407 above the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 27 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | — | — | $1,700 – $1,700 | 1 |
| Studio | $1,700 | — | — | $1,700 – $1,700 | 1 |
| 1BR | $2,407 | +$512 (+27.0%) | — | $2,407 – $2,407 | 1 |
| 1BR | $1,950 | +$55 (+2.9%) | — | $1,950 – $1,950 | 1 |
| 2BR | $2,650 | +$805 (+43.6%) | +$550 (+26.2%) | $2,525 – $2,650 | 3 |
| 2BR | $2,700 | +$855 (+46.3%) | +$600 (+28.6%) | $2,700 – $2,700 | 1 |
| 3BR | $2,950 | +$138 (+4.9%) | −$45 (-1.5%) | $2,950 – $2,950 | 9 |
| 3BR | $2,955 | +$143 (+5.1%) | −$40 (-1.3%) | $2,955 – $2,955 | 1 |
| 4BR | $3,255 | $0 (0.0%) | +$10 (+0.3%) | $3,255 – $3,255 | 1 |
| 4BR | $3,255 | $0 (0.0%) | +$10 (+0.3%) | $3,255 – $3,255 | 7 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — September 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| 1BR | $2,407 | $2,000 | +$407 (+20.3%) |
| 1BR | $1,950 | $2,000 | −$50 (-2.5%) |
| 2BR | $2,650 | $2,750 | −$100 (-3.6%) |
| 2BR | $2,700 | $2,750 | −$50 (-1.8%) |
| 3BR | $2,950 | $3,948 | −$997 (-25.3%) |
| 3BR | $2,955 | $3,948 | −$992 (-25.1%) |
| 4BR | $3,255 | $5,000 | −$1,745 (-34.9%) |
| 4BR | $3,255 | $5,000 | −$1,745 (-34.9%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.