Monthly Rent Report
Watts Rent Report — September 2024
Asking rents in ZIP 90059, Los Angeles, from 89 listings.
Median 1BR rent in Watts was $2,500 in September 2024, up 3.7% (+$90) from August 2024 and up 28.2% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,500. That puts Watts $502 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 89 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,964 | +$266 (+15.7%) | +$264 (+15.5%) | $1,746 – $2,132 | 4 |
| 1BR | $2,500 | +$90 (+3.7%) | +$550 (+28.2%) | $2,500 – $2,500 | 2 |
| 1BR | $1,966 | −$444 (-18.4%) | +$16 (+0.8%) | $1,838 – $2,298 | 19 |
| 2BR | $3,026 | +$176 (+6.2%) | +$326 (+12.1%) | $2,718 – $3,053 | 20 |
| 2BR | $3,052 | +$202 (+7.1%) | +$352 (+13.0%) | $3,052 – $3,052 | 2 |
| 3BR | $3,400 | −$400 (-10.5%) | +$450 (+15.3%) | $3,400 – $3,400 | 14 |
| 3BR | $3,400 | −$400 (-10.5%) | +$450 (+15.3%) | $3,400 – $3,400 | 1 |
| 4BR | $3,400 | +$145 (+4.5%) | +$145 (+4.5%) | $3,255 – $3,700 | 22 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — September 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,964 | $1,755 | +$209 (+11.9%) |
| 1BR | $2,500 | $1,999 | +$502 (+25.1%) |
| 1BR | $1,966 | $1,999 | −$32 (-1.6%) |
| 2BR | $3,026 | $2,795 | +$231 (+8.3%) |
| 2BR | $3,052 | $2,795 | +$257 (+9.2%) |
| 3BR | $3,400 | $3,850 | −$450 (-11.7%) |
| 3BR | $3,400 | $3,850 | −$450 (-11.7%) |
| 4BR | $3,400 | $4,995 | −$1,595 (-31.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.