Monthly Rent Report
Torrance Rent Report — May 2021
Asking rents in ZIP 90501, Los Angeles, from 72 listings.
Median 1BR rent in Torrance was $1,550 in May 2021, down 1.3% (−$20) from April 2021. The middle half of 1BR listings asked between $1,388 and $1,620. That puts Torrance $248 below the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 72 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | +$50 (+3.7%) | — | $1,400 – $1,400 | 1 |
| Studio | $1,259 | −$91 (-6.7%) | — | $1,259 – $1,259 | 2 |
| 1BR | $1,550 | −$20 (-1.3%) | — | $1,388 – $1,620 | 11 |
| 1BR | $1,325 | −$245 (-15.6%) | — | $1,325 – $1,325 | 1 |
| 2BR | $2,095 | +$348 (+19.9%) | — | $1,838 – $2,738 | 19 |
| 2BR | $1,900 | +$153 (+8.7%) | — | $1,898 – $1,925 | 3 |
| 3BR | $2,745 | $0 (0.0%) | — | $2,745 – $2,745 | 29 |
| 3BR | $3,100 | +$355 (+12.9%) | — | $3,100 – $3,100 | 1 |
| 4BR | $3,695 | −$55 (-1.5%) | — | $3,695 – $3,695 | 1 |
| 4BR | $3,773 | +$23 (+0.6%) | — | $3,734 – $3,811 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — May 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,521 | −$121 (-7.9%) |
| Studio | $1,259 | $1,521 | −$262 (-17.2%) |
| 1BR | $1,550 | $1,798 | −$248 (-13.8%) |
| 1BR | $1,325 | $1,798 | −$473 (-26.3%) |
| 2BR | $2,095 | $2,450 | −$355 (-14.5%) |
| 2BR | $1,900 | $2,450 | −$550 (-22.4%) |
| 3BR | $2,745 | $3,295 | −$550 (-16.7%) |
| 3BR | $3,100 | $3,295 | −$195 (-5.9%) |
| 4BR | $3,695 | $3,990 | −$295 (-7.4%) |
| 4BR | $3,773 | $3,990 | −$217 (-5.5%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.