Monthly Rent Report
Watts Rent Report — July 2024
Asking rents in ZIP 90059, Los Angeles, from 76 listings.
Median 1BR rent in Watts was $1,995 in July 2024, up 2.0% (+$39) from June 2024 and down 0.2% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Watts $100 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 76 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,132 | +$337 (+18.8%) | +$333 (+18.5%) | $2,132 – $2,132 | 2 |
| 1BR | $1,995 | +$39 (+2.0%) | −$4 (-0.2%) | $1,995 – $1,995 | 1 |
| 1BR | $1,500 | −$456 (-23.3%) | −$499 (-25.0%) | $1,500 – $1,500 | 2 |
| 2BR | $3,052 | +$602 (+24.6%) | +$780 (+34.3%) | $2,650 – $3,052 | 10 |
| 2BR | $2,429 | −$21 (-0.9%) | +$156 (+6.9%) | $2,288 – $3,025 | 8 |
| 3BR | $2,950 | +$150 (+5.4%) | +$275 (+10.3%) | $2,675 – $2,950 | 33 |
| 3BR | $3,915 | +$1,115 (+39.8%) | +$1,240 (+46.4%) | $3,915 – $3,915 | 1 |
| 4BR | $3,700 | +$445 (+13.7%) | −$117 (-3.1%) | $3,700 – $3,700 | 1 |
| 4BR | $3,255 | $0 (0.0%) | −$562 (-14.7%) | $3,255 – $3,255 | 15 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — July 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,132 | $1,778 | +$354 (+19.9%) |
| 1BR | $1,995 | $2,095 | −$100 (-4.8%) |
| 1BR | $1,500 | $2,095 | −$595 (-28.4%) |
| 2BR | $3,052 | $2,835 | +$217 (+7.7%) |
| 2BR | $2,429 | $2,835 | −$406 (-14.3%) |
| 3BR | $2,950 | $3,900 | −$950 (-24.4%) |
| 3BR | $3,915 | $3,900 | +$15 (+0.4%) |
| 4BR | $3,700 | $5,270 | −$1,570 (-29.8%) |
| 4BR | $3,255 | $5,270 | −$2,015 (-38.2%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.