Monthly Rent Report
Torrance Rent Report — July 2022
Asking rents in ZIP 90501, Los Angeles, from 47 listings.
Median 1BR rent in Torrance was $2,070 in July 2022, up 10.4% (+$195) from June 2022 and up 25.5% year-over-year. The middle half of 1BR listings asked between $1,694 and $2,196. That puts Torrance $30 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 47 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,250 | −$1,350 (-51.9%) | −$175 (-12.3%) | $1,250 – $1,250 | 1 |
| Studio | $1,775 | −$825 (-31.7%) | +$350 (+24.6%) | $1,775 – $1,775 | 2 |
| 1BR | $2,070 | +$195 (+10.4%) | +$420 (+25.5%) | $1,694 – $2,196 | 8 |
| 1BR | $1,600 | −$275 (-14.7%) | −$50 (-3.0%) | $1,600 – $1,600 | 1 |
| 2BR | $2,700 | +$813 (+43.0%) | +$650 (+31.7%) | $2,700 – $2,700 | 1 |
| 2BR | $2,450 | +$563 (+29.8%) | +$400 (+19.5%) | $2,198 – $2,695 | 19 |
| 3BR | $3,390 | −$205 (-5.7%) | −$3,110 (-47.8%) | $2,745 – $3,993 | 7 |
| 3BR | $3,475 | −$120 (-3.3%) | −$3,025 (-46.5%) | $3,475 – $3,475 | 1 |
| 4BR | $4,800 | −$400 (-7.7%) | — | $4,800 – $4,800 | 1 |
| 4BR | $3,795 | −$1,405 (-27.0%) | — | $3,795 – $3,795 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,250 | $1,695 | −$445 (-26.3%) |
| Studio | $1,775 | $1,695 | +$80 (+4.7%) |
| 1BR | $2,070 | $2,100 | −$30 (-1.4%) |
| 1BR | $1,600 | $2,100 | −$500 (-23.8%) |
| 2BR | $2,700 | $2,995 | −$295 (-9.8%) |
| 2BR | $2,450 | $2,995 | −$545 (-18.2%) |
| 3BR | $3,390 | $3,900 | −$510 (-13.1%) |
| 3BR | $3,475 | $3,900 | −$425 (-10.9%) |
| 4BR | $4,800 | $5,273 | −$472 (-9.0%) |
| 4BR | $3,795 | $5,273 | −$1,477 (-28.0%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.