Monthly Rent Report
Watts Rent Report — October 2024
Asking rents in ZIP 90059, Los Angeles, from 32 listings.
Median 1BR rent in Watts was $1,700 in October 2024, down 32.0% (−$800) from September 2024 and up 6.3% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Watts $311 below the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 32 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,132 | +$169 (+8.6%) | +$292 (+15.9%) | $2,132 – $2,132 | 1 |
| 1BR | $1,700 | −$800 (-32.0%) | +$100 (+6.3%) | $1,700 – $1,700 | 1 |
| 2BR | $1,850 | −$1,176 (-38.9%) | +$5 (+0.3%) | $1,800 – $1,850 | 7 |
| 2BR | $1,825 | −$1,201 (-39.7%) | −$20 (-1.1%) | $1,800 – $1,850 | 4 |
| 3BR | $3,200 | −$200 (-5.9%) | +$105 (+3.4%) | $2,996 – $3,775 | 15 |
| 4BR | $4,200 | +$800 (+23.5%) | +$945 (+29.0%) | $4,200 – $4,200 | 1 |
| 4BR | $4,200 | +$800 (+23.5%) | +$945 (+29.0%) | $4,200 – $4,200 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — October 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,132 | $1,700 | +$432 (+25.4%) |
| 1BR | $1,700 | $2,011 | −$311 (-15.5%) |
| 2BR | $1,850 | $2,727 | −$877 (-32.2%) |
| 2BR | $1,825 | $2,727 | −$902 (-33.1%) |
| 3BR | $3,200 | $3,816 | −$616 (-16.1%) |
| 4BR | $4,200 | $5,225 | −$1,025 (-19.6%) |
| 4BR | $4,200 | $5,225 | −$1,025 (-19.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.