Monthly Rent Report
Watts Rent Report — April 2024
Asking rents in ZIP 90059, Los Angeles, from 181 listings.
Median 1BR rent in Watts was $2,400 in April 2024, up 11.6% (+$249) from March 2024. The middle half of 1BR listings asked between $1,800 and $2,400. That puts Watts $305 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 181 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,900 | +$600 (+46.2%) | — | $1,900 – $1,900 | 5 |
| Studio | $1,900 | +$600 (+46.2%) | — | $1,795 – $1,900 | 5 |
| 1BR | $2,400 | +$249 (+11.6%) | — | $1,800 – $2,400 | 19 |
| 1BR | $2,400 | +$249 (+11.6%) | — | $1,888 – $2,400 | 10 |
| 2BR | $2,450 | +$150 (+6.5%) | +$203 (+9.0%) | $2,450 – $2,450 | 1 |
| 2BR | $2,399 | +$99 (+4.3%) | +$152 (+6.7%) | $2,250 – $3,052 | 29 |
| 3BR | $3,100 | +$150 (+5.1%) | +$425 (+15.9%) | $2,900 – $3,495 | 69 |
| 3BR | $3,900 | +$950 (+32.2%) | +$1,225 (+45.8%) | $3,900 – $3,900 | 2 |
| 4BR | $3,255 | $0 (0.0%) | +$10 (+0.3%) | $3,255 – $3,255 | 21 |
| 4BR | $3,255 | $0 (0.0%) | +$10 (+0.3%) | $3,255 – $3,391 | 16 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — April 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,900 | $1,795 | +$105 (+5.8%) |
| Studio | $1,900 | $1,795 | +$105 (+5.8%) |
| 1BR | $2,400 | $2,095 | +$305 (+14.6%) |
| 1BR | $2,400 | $2,095 | +$305 (+14.6%) |
| 2BR | $2,450 | $2,833 | −$383 (-13.5%) |
| 2BR | $2,399 | $2,833 | −$434 (-15.3%) |
| 3BR | $3,100 | $3,950 | −$850 (-21.5%) |
| 3BR | $3,900 | $3,950 | −$50 (-1.3%) |
| 4BR | $3,255 | $4,999 | −$1,744 (-34.9%) |
| 4BR | $3,255 | $4,999 | −$1,744 (-34.9%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.