Monthly Rent Report
Torrance Rent Report — July 2021
Asking rents in ZIP 90501, Los Angeles, from 28 listings.
Median 1BR rent in Torrance was $1,650 in July 2021, down 1.5% (−$25) from June 2021 and down 2.7% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Torrance $195 below the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 28 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,425 | −$370 (-20.6%) | — | $1,425 – $1,425 | 1 |
| Studio | $1,259 | −$536 (-29.9%) | — | $1,259 – $1,259 | 1 |
| 1BR | $1,650 | −$25 (-1.5%) | −$45 (-2.7%) | $1,650 – $1,650 | 1 |
| 1BR | $1,495 | −$180 (-10.7%) | −$200 (-11.8%) | $1,483 – $1,696 | 8 |
| 2BR | $2,598 | +$603 (+30.2%) | −$2 (-0.1%) | $2,546 – $2,649 | 2 |
| 2BR | $2,050 | +$55 (+2.8%) | −$550 (-21.2%) | $1,838 – $2,538 | 8 |
| 3BR | $6,500 | +$2,250 (+52.9%) | +$3,905 (+150.5%) | $6,500 – $6,500 | 6 |
| 3BR | $2,250 | −$2,000 (-47.1%) | −$345 (-13.3%) | $2,250 – $2,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,425 | $1,525 | −$100 (-6.6%) |
| Studio | $1,259 | $1,525 | −$266 (-17.4%) |
| 1BR | $1,650 | $1,845 | −$195 (-10.6%) |
| 1BR | $1,495 | $1,845 | −$350 (-19.0%) |
| 2BR | $2,598 | $2,529 | +$69 (+2.7%) |
| 2BR | $2,050 | $2,529 | −$478 (-18.9%) |
| 3BR | $6,500 | $3,338 | +$3,163 (+94.8%) |
| 3BR | $2,250 | $3,338 | −$1,087 (-32.6%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.