Monthly Rent Report
Watts Rent Report — November 2023
Asking rents in ZIP 90059, Los Angeles, from 151 listings.
Median 1BR rent in Watts was $2,095 in November 2023, up 4.8% (+$95) from October 2023 and up 19.7% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,095. That puts Watts $30 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 151 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,840 | $0 (0.0%) | +$390 (+26.9%) | $1,840 – $1,840 | 1 |
| Studio | $1,840 | $0 (0.0%) | +$390 (+26.9%) | $1,840 – $1,840 | 1 |
| 1BR | $2,095 | +$95 (+4.8%) | +$345 (+19.7%) | $2,095 – $2,095 | 4 |
| 1BR | $2,095 | +$95 (+4.8%) | +$345 (+19.7%) | $2,095 – $2,095 | 2 |
| 2BR | $2,250 | −$375 (-14.3%) | +$100 (+4.7%) | $2,250 – $2,250 | 1 |
| 2BR | $2,800 | +$175 (+6.7%) | +$650 (+30.2%) | $2,650 – $2,900 | 42 |
| 3BR | $2,950 | −$145 (-4.7%) | −$300 (-9.2%) | $2,675 – $2,950 | 20 |
| 3BR | $2,950 | −$145 (-4.7%) | −$300 (-9.2%) | $2,713 – $3,045 | 54 |
| 4BR | $3,255 | $0 (0.0%) | −$345 (-9.6%) | $3,255 – $3,255 | 14 |
| 4BR | $3,255 | $0 (0.0%) | −$345 (-9.6%) | $3,255 – $3,255 | 8 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — November 2023
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,840 | $1,775 | +$65 (+3.7%) |
| Studio | $1,840 | $1,775 | +$65 (+3.7%) |
| 1BR | $2,095 | $2,125 | −$30 (-1.4%) |
| 1BR | $2,095 | $2,125 | −$30 (-1.4%) |
| 2BR | $2,250 | $2,795 | −$545 (-19.5%) |
| 2BR | $2,800 | $2,795 | +$5 (+0.2%) |
| 3BR | $2,950 | $3,950 | −$1,000 (-25.3%) |
| 3BR | $2,950 | $3,950 | −$1,000 (-25.3%) |
| 4BR | $3,255 | $4,994 | −$1,739 (-34.8%) |
| 4BR | $3,255 | $4,994 | −$1,739 (-34.8%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.