Monthly Rent Report

Torrance Rent Report — March 2021

Asking rents in ZIP 90501, Los Angeles, from 13 listings.

Median 1BR rent in Torrance was $1,625 in March 2021, up 9.9% (+$146) from February 2021. The middle half of 1BR listings asked between $1,625 and $1,625. That puts Torrance $170 below the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 13 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2021Vs. Year AgoP25–P75 RangeListings
Studio$1,695+$445 (+35.6%)$1,695 – $1,6951
1BR$1,625+$146 (+9.9%)$1,625 – $1,6252
1BR$1,745+$266 (+18.0%)$1,745 – $1,7452
2BR$1,850−$600 (-24.5%)$1,850 – $1,8501
2BR$2,000−$450 (-18.4%)$1,836 – $2,2004
3BR$3,750+$1,025 (+37.6%)$3,750 – $3,7501
3BR$3,250+$525 (+19.3%)$3,250 – $3,2501
4BR$3,700−$100 (-2.6%)$3,700 – $3,7001

Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.

Torrance vs. Los AngelesMarch 2021

BedroomsTorrance MedianLos Angeles Citywide MedianDifference
Studio$1,695$1,500+$195 (+13.0%)
1BR$1,625$1,795−$170 (-9.5%)
1BR$1,745$1,795−$50 (-2.8%)
2BR$1,850$2,450−$600 (-24.5%)
2BR$2,000$2,450−$450 (-18.4%)
3BR$3,750$3,375+$375 (+11.1%)
3BR$3,250$3,375−$125 (-3.7%)
4BR$3,700$3,800−$100 (-2.6%)

Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in March 2021.

Advertisement