Monthly Rent Report
Watts Rent Report — November 2024
Asking rents in ZIP 90059, Los Angeles, from 16 listings.
Median 1BR rent in Watts was $1,500 in November 2024, down 11.8% (−$200) from October 2024 and down 28.4% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Watts $573 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 16 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,132 | $0 (0.0%) | +$292 (+15.9%) | $2,132 – $2,132 | 1 |
| 1BR | $1,500 | −$200 (-11.8%) | −$595 (-28.4%) | $1,500 – $1,500 | 1 |
| 1BR | $1,799 | +$99 (+5.8%) | −$296 (-14.1%) | $1,747 – $1,799 | 3 |
| 2BR | $1,750 | −$75 (-4.1%) | −$1,050 (-37.5%) | $1,750 – $1,750 | 1 |
| 2BR | $1,750 | −$75 (-4.1%) | −$1,050 (-37.5%) | $1,750 – $1,750 | 2 |
| 3BR | $3,500 | +$300 (+9.4%) | +$550 (+18.6%) | $3,500 – $3,500 | 1 |
| 3BR | $3,500 | +$300 (+9.4%) | +$550 (+18.6%) | $3,500 – $3,500 | 1 |
| 4BR | $4,320 | +$120 (+2.9%) | +$1,065 (+32.7%) | $4,320 – $4,320 | 2 |
| 4BR | $4,320 | +$120 (+2.9%) | +$1,065 (+32.7%) | $4,320 – $4,320 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — November 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,132 | $1,750 | +$382 (+21.8%) |
| 1BR | $1,500 | $2,073 | −$572 (-27.6%) |
| 1BR | $1,799 | $2,073 | −$273 (-13.2%) |
| 2BR | $1,750 | $2,850 | −$1,100 (-38.6%) |
| 2BR | $1,750 | $2,850 | −$1,100 (-38.6%) |
| 3BR | $3,500 | $3,895 | −$395 (-10.1%) |
| 3BR | $3,500 | $3,895 | −$395 (-10.1%) |
| 4BR | $4,320 | $5,220 | −$899 (-17.2%) |
| 4BR | $4,320 | $5,220 | −$899 (-17.2%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.