Monthly Rent Report
Torrance Rent Report — March 2022
Asking rents in ZIP 90501, Los Angeles, from 9 listings.
Median 1BR rent in Torrance was $1,800 in March 2022, up 10.8% (+$175) from February 2022 and up 10.8% year-over-year. The middle half of 1BR listings asked between $1,800 and $1,800. That puts Torrance $100 below the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 9 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,525 | +$330 (+27.6%) | −$170 (-10.0%) | $1,525 – $1,525 | 3 |
| 1BR | $1,800 | +$175 (+10.8%) | +$175 (+10.8%) | $1,800 – $1,800 | 1 |
| 2BR | $2,875 | −$625 (-17.9%) | +$1,025 (+55.4%) | $2,663 – $3,088 | 2 |
| 3BR | $4,200 | +$1,100 (+35.5%) | +$950 (+29.2%) | $4,200 – $4,200 | 1 |
| 3BR | $4,100 | +$1,000 (+32.3%) | +$850 (+26.2%) | $4,100 – $4,100 | 1 |
| 4BR | $3,600 | +$100 (+2.9%) | −$100 (-2.7%) | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — March 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,525 | $1,600 | −$75 (-4.7%) |
| 1BR | $1,800 | $1,900 | −$100 (-5.3%) |
| 2BR | $2,875 | $2,775 | +$100 (+3.6%) |
| 3BR | $4,200 | $3,700 | +$500 (+13.5%) |
| 3BR | $4,100 | $3,700 | +$400 (+10.8%) |
| 4BR | $3,600 | $4,500 | −$900 (-20.0%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.