Monthly Rent Report
Torrance Rent Report — June 2022
Asking rents in ZIP 90501, Los Angeles, from 12 listings.
Median 1BR rent in Torrance was $1,875 in June 2022, down 1.3% (−$25) from May 2022 and up 26.8% year-over-year. The middle half of 1BR listings asked between $1,863 and $1,913. That puts Torrance $121 below the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 12 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,600 | +$1,075 (+70.5%) | +$1,200 (+85.7%) | $2,600 – $2,600 | 1 |
| 1BR | $1,875 | −$25 (-1.3%) | +$396 (+26.8%) | $1,863 – $1,913 | 3 |
| 2BR | $1,888 | −$1,012 (-34.9%) | −$887 (-32.0%) | $1,644 – $2,131 | 2 |
| 2BR | $2,500 | −$400 (-13.8%) | −$275 (-9.9%) | $2,500 – $2,500 | 1 |
| 3BR | $3,000 | +$125 (+4.3%) | $0 (0.0%) | $3,000 – $3,000 | 1 |
| 3BR | $3,595 | +$720 (+25.0%) | +$595 (+19.8%) | $3,493 – $3,698 | 2 |
| 4BR | $5,200 | $0 (0.0%) | +$1,350 (+35.1%) | $5,200 – $5,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — June 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,600 | $1,600 | +$1,000 (+62.5%) |
| 1BR | $1,875 | $1,996 | −$120 (-6.0%) |
| 2BR | $1,888 | $2,800 | −$912 (-32.6%) |
| 2BR | $2,500 | $2,800 | −$300 (-10.7%) |
| 3BR | $3,000 | $4,150 | −$1,150 (-27.7%) |
| 3BR | $3,595 | $4,150 | −$555 (-13.4%) |
| 4BR | $5,200 | $5,150 | +$50 (+1.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.