Monthly Rent Report
Watts Rent Report — February 2024
Asking rents in ZIP 90059, Los Angeles, from 162 listings.
Median 1BR rent in Watts was $2,095 in February 2024, flat versus January 2024. The middle half of 1BR listings asked between $1,600 and $2,400. That puts Watts $100 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 162 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2024 | Vs. February 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | — | — | $1,548 – $1,795 | 11 |
| Studio | $1,350 | — | — | $1,350 – $1,350 | 1 |
| 1BR | $2,095 | $0 (0.0%) | — | $1,600 – $2,400 | 22 |
| 1BR | $1,595 | −$500 (-23.9%) | — | $1,595 – $1,595 | 1 |
| 2BR | $2,650 | −$150 (-5.4%) | +$200 (+8.2%) | $2,650 – $2,650 | 1 |
| 2BR | $2,399 | −$401 (-14.3%) | −$51 (-2.1%) | $2,100 – $2,650 | 35 |
| 3BR | $3,070 | −$430 (-12.3%) | −$381 (-11.0%) | $3,033 – $3,485 | 3 |
| 3BR | $3,000 | −$500 (-14.3%) | −$451 (-13.1%) | $2,950 – $3,101 | 66 |
| 4BR | $3,255 | $0 (0.0%) | −$145 (-4.3%) | $3,255 – $3,255 | 17 |
| 4BR | $3,600 | +$345 (+10.6%) | +$200 (+5.9%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — February 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,750 | +$46 (+2.6%) |
| Studio | $1,350 | $1,750 | −$399 (-22.8%) |
| 1BR | $2,095 | $2,195 | −$100 (-4.6%) |
| 1BR | $1,595 | $2,195 | −$600 (-27.3%) |
| 2BR | $2,650 | $2,850 | −$200 (-7.0%) |
| 2BR | $2,399 | $2,850 | −$451 (-15.8%) |
| 3BR | $3,070 | $3,995 | −$925 (-23.2%) |
| 3BR | $3,000 | $3,995 | −$995 (-24.9%) |
| 4BR | $3,255 | $5,000 | −$1,745 (-34.9%) |
| 4BR | $3,600 | $5,000 | −$1,400 (-28.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in February 2024.