Monthly Rent Report
Watts Rent Report — December 2024
Asking rents in ZIP 90059, Los Angeles, from 52 listings.
Median 1BR rent in Watts was $1,550 in December 2024, down 13.8% (−$249) from November 2024 and down 3.1% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts Watts $518 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 52 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$632 (-29.6%) | — | $1,495 – $1,500 | 5 |
| 1BR | $1,550 | −$249 (-13.8%) | −$50 (-3.1%) | $1,550 – $1,550 | 1 |
| 1BR | $1,650 | −$149 (-8.3%) | +$50 (+3.1%) | $1,500 – $2,255 | 6 |
| 2BR | $2,200 | +$450 (+25.7%) | −$700 (-24.1%) | $2,075 – $2,325 | 2 |
| 2BR | $2,750 | +$1,000 (+57.1%) | −$150 (-5.2%) | $2,688 – $2,963 | 4 |
| 3BR | $3,500 | $0 (0.0%) | +$50 (+1.4%) | $3,500 – $3,500 | 2 |
| 3BR | $3,500 | $0 (0.0%) | +$50 (+1.4%) | $3,024 – $3,600 | 16 |
| 4BR | $4,085 | −$235 (-5.4%) | +$485 (+13.5%) | $3,850 – $4,320 | 4 |
| 4BR | $4,085 | −$235 (-5.4%) | +$485 (+13.5%) | $3,850 – $4,320 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Watts vs. Los Angeles — December 2024
| Bedrooms | Watts Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,725 | −$225 (-13.0%) |
| 1BR | $1,550 | $2,068 | −$517 (-25.0%) |
| 1BR | $1,650 | $2,068 | −$418 (-20.2%) |
| 2BR | $2,200 | $2,750 | −$550 (-20.0%) |
| 2BR | $2,750 | $2,750 | $0 (0.0%) |
| 3BR | $3,500 | $3,995 | −$495 (-12.4%) |
| 3BR | $3,500 | $3,995 | −$495 (-12.4%) |
| 4BR | $4,085 | $4,900 | −$815 (-16.6%) |
| 4BR | $4,085 | $4,900 | −$815 (-16.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.