Monthly Rent Report
Torrance Rent Report — May 2022
Asking rents in ZIP 90501, Los Angeles, from 14 listings.
Median 1BR rent in Torrance was $1,900 in May 2022, up 1.3% (+$25) from April 2022 and up 43.4% year-over-year. The middle half of 1BR listings asked between $1,775 and $2,025. That puts Torrance $50 below the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 14 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,525 | +$500 (+48.8%) | +$266 (+21.1%) | $1,525 – $2,075 | 3 |
| 1BR | $1,900 | +$25 (+1.3%) | +$575 (+43.4%) | $1,775 – $2,025 | 2 |
| 1BR | $1,695 | −$180 (-9.6%) | +$370 (+27.9%) | $1,695 – $1,695 | 1 |
| 2BR | $2,900 | +$878 (+43.4%) | +$1,000 (+52.6%) | $2,900 – $2,900 | 1 |
| 3BR | $2,913 | −$512 (-15.0%) | −$187 (-6.0%) | $2,894 – $2,931 | 2 |
| 3BR | $2,875 | −$550 (-16.1%) | −$225 (-7.3%) | $2,875 – $2,875 | 1 |
| 4BR | $5,200 | +$1,700 (+48.6%) | +$1,428 (+37.8%) | $5,200 – $5,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — May 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,525 | $1,620 | −$95 (-5.9%) |
| 1BR | $1,900 | $1,950 | −$50 (-2.6%) |
| 1BR | $1,695 | $1,950 | −$255 (-13.1%) |
| 2BR | $2,900 | $2,800 | +$100 (+3.6%) |
| 3BR | $2,913 | $3,995 | −$1,082 (-27.1%) |
| 3BR | $2,875 | $3,995 | −$1,120 (-28.0%) |
| 4BR | $5,200 | $5,100 | +$100 (+2.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.