Monthly Rent Report
Watts Rent Report — January 2024
Asking rents in ZIP 90059, Los Angeles, from 66 listings.
Median 1BR rent in Watts was $2,095 in January 2024, up 30.9% (+$495) from December 2023. The middle half of 1BR listings asked between $1,948 and $2,095. That puts Watts in line with the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 66 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,095 | +$495 (+30.9%) | — | $1,948 – $2,095 | 3 |
| 1BR | $2,095 | +$495 (+30.9%) | — | $1,948 – $2,095 | 3 |
| 2BR | $2,800 | −$100 (-3.4%) | +$350 (+14.3%) | $2,800 – $2,800 | 1 |
| 2BR | $2,800 | −$100 (-3.4%) | +$350 (+14.3%) | $2,800 – $2,800 | 1 |
| 3BR | $3,045 | −$405 (-11.7%) | +$370 (+13.8%) | $2,750 – $3,488 | 38 |
| 3BR | $3,500 | +$50 (+1.4%) | +$825 (+30.8%) | $3,100 – $3,900 | 8 |
| 4BR | $3,255 | −$345 (-9.6%) | −$145 (-4.3%) | $3,255 – $3,255 | 7 |
| 4BR | $3,800 | +$200 (+5.6%) | +$400 (+11.8%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — January 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,095 | $2,097 | −$1 (-0.1%) |
| 1BR | $2,095 | $2,097 | −$1 (-0.1%) |
| 2BR | $2,800 | $2,795 | +$5 (+0.2%) |
| 2BR | $2,800 | $2,795 | +$5 (+0.2%) |
| 3BR | $3,045 | $3,950 | −$905 (-22.9%) |
| 3BR | $3,500 | $3,950 | −$450 (-11.4%) |
| 4BR | $3,255 | $5,200 | −$1,945 (-37.4%) |
| 4BR | $3,800 | $5,200 | −$1,400 (-26.9%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.