Monthly Rent Report
Torrance Rent Report — August 2021
Asking rents in ZIP 90501, Los Angeles, from 50 listings.
Median 1BR rent in Torrance was $1,585 in August 2021, down 3.9% (−$65) from July 2021 and down 5.4% year-over-year. The middle half of 1BR listings asked between $1,540 and $1,630. That puts Torrance $278 below the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 50 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$236 (+18.7%) | — | $1,495 – $1,495 | 1 |
| 1BR | $1,585 | −$65 (-3.9%) | −$90 (-5.4%) | $1,540 – $1,630 | 2 |
| 1BR | $1,545 | −$105 (-6.4%) | −$130 (-7.8%) | $1,400 – $1,693 | 12 |
| 2BR | $1,800 | −$250 (-12.2%) | −$450 (-20.0%) | $1,775 – $1,913 | 7 |
| 2BR | $2,373 | +$323 (+15.7%) | +$123 (+5.4%) | $2,311 – $2,434 | 2 |
| 3BR | $2,745 | −$3,755 (-57.8%) | +$750 (+37.6%) | $2,745 – $2,745 | 24 |
| 3BR | $1,595 | −$4,905 (-75.5%) | −$400 (-20.1%) | $1,595 – $1,595 | 1 |
| 4BR | $4,500 | — | — | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — August 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,549 | −$53 (-3.5%) |
| 1BR | $1,585 | $1,863 | −$277 (-14.9%) |
| 1BR | $1,545 | $1,863 | −$317 (-17.0%) |
| 2BR | $1,800 | $2,680 | −$880 (-32.8%) |
| 2BR | $2,373 | $2,680 | −$307 (-11.5%) |
| 3BR | $2,745 | $3,595 | −$850 (-23.6%) |
| 3BR | $1,595 | $3,595 | −$2,000 (-55.6%) |
| 4BR | $4,500 | $4,350 | +$150 (+3.4%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.