Monthly Rent Report
Watts Rent Report — June 2024
Asking rents in ZIP 90059, Los Angeles, from 139 listings.
Median 1BR rent in Watts was $1,956 in June 2024, up 8.7% (+$156) from May 2024 and up 3.2% year-over-year. The middle half of 1BR listings asked between $1,721 and $2,112. That puts Watts $144 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 139 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,795 | $0 (0.0%) | — | $1,795 – $1,795 | 3 |
| Studio | $1,795 | $0 (0.0%) | — | $1,795 – $1,795 | 1 |
| 1BR | $1,956 | +$156 (+8.7%) | +$61 (+3.2%) | $1,721 – $2,112 | 10 |
| 1BR | $1,956 | +$156 (+8.7%) | +$61 (+3.2%) | $1,721 – $2,112 | 10 |
| 2BR | $3,150 | +$250 (+8.6%) | +$1,255 (+66.2%) | $3,150 – $3,150 | 5 |
| 2BR | $2,450 | −$450 (-15.5%) | +$555 (+29.3%) | $2,450 – $2,450 | 1 |
| 3BR | $2,950 | −$850 (-22.4%) | +$275 (+10.3%) | $2,675 – $3,123 | 74 |
| 3BR | $2,800 | −$1,000 (-26.3%) | +$125 (+4.7%) | $2,800 – $2,800 | 1 |
| 4BR | $3,700 | +$445 (+13.7%) | +$200 (+5.7%) | $3,700 – $3,700 | 1 |
| 4BR | $3,255 | $0 (0.0%) | −$245 (-7.0%) | $3,255 – $3,750 | 31 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — June 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,795 | $1,759 | +$36 (+2.1%) |
| Studio | $1,795 | $1,759 | +$36 (+2.1%) |
| 1BR | $1,956 | $2,100 | −$144 (-6.9%) |
| 1BR | $1,956 | $2,100 | −$144 (-6.9%) |
| 2BR | $3,150 | $2,885 | +$265 (+9.2%) |
| 2BR | $2,450 | $2,885 | −$435 (-15.1%) |
| 3BR | $2,950 | $3,900 | −$950 (-24.4%) |
| 3BR | $2,800 | $3,900 | −$1,100 (-28.2%) |
| 4BR | $3,700 | $5,000 | −$1,300 (-26.0%) |
| 4BR | $3,255 | $5,000 | −$1,745 (-34.9%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.