Monthly Rent Report
Torrance Rent Report — August 2022
Asking rents in ZIP 90501, Los Angeles, from 70 listings.
Median 1BR rent in Torrance was $1,700 in August 2022, up 6.3% (+$100) from July 2022 and up 7.3% year-over-year. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Torrance $395 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 70 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,550 | +$775 (+43.7%) | +$1,055 (+70.6%) | $1,775 – $2,550 | 8 |
| Studio | $1,525 | −$250 (-14.1%) | +$30 (+2.0%) | $1,525 – $1,525 | 2 |
| 1BR | $1,700 | +$100 (+6.3%) | +$115 (+7.3%) | $1,700 – $1,700 | 2 |
| 1BR | $1,898 | +$298 (+18.6%) | +$313 (+19.7%) | $1,650 – $2,403 | 16 |
| 2BR | $2,600 | +$150 (+6.1%) | +$800 (+44.4%) | $2,195 – $3,213 | 23 |
| 2BR | $2,095 | −$355 (-14.5%) | +$295 (+16.4%) | $2,095 – $2,095 | 1 |
| 3BR | $3,250 | −$140 (-4.1%) | +$1,655 (+103.8%) | $3,250 – $3,250 | 1 |
| 3BR | $4,750 | +$1,360 (+40.1%) | +$3,155 (+197.8%) | $4,750 – $4,750 | 1 |
| 4BR | $3,895 | +$100 (+2.6%) | −$605 (-13.4%) | $3,845 – $3,974 | 10 |
| 4BR | $3,845 | +$50 (+1.3%) | −$655 (-14.6%) | $3,795 – $4,146 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — August 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,550 | $1,773 | +$778 (+43.9%) |
| Studio | $1,525 | $1,773 | −$247 (-14.0%) |
| 1BR | $1,700 | $2,095 | −$395 (-18.9%) |
| 1BR | $1,898 | $2,095 | −$197 (-9.4%) |
| 2BR | $2,600 | $2,880 | −$280 (-9.7%) |
| 2BR | $2,095 | $2,880 | −$785 (-27.3%) |
| 3BR | $3,250 | $3,795 | −$545 (-14.4%) |
| 3BR | $4,750 | $3,795 | +$955 (+25.2%) |
| 4BR | $3,895 | $5,200 | −$1,305 (-25.1%) |
| 4BR | $3,845 | $5,200 | −$1,355 (-26.1%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.