Monthly Rent Report
Torrance Rent Report — October 2022
Asking rents in ZIP 90501, Los Angeles, from 26 listings.
Median 1BR rent in Torrance was $1,650 in October 2022, down 4.3% (−$75) from September 2022 and up 10.4% year-over-year. The middle half of 1BR listings asked between $1,650 and $1,650. That puts Torrance $446 below the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 26 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,538 | +$13 (+0.8%) | −$57 (-3.6%) | $1,519 – $1,569 | 4 |
| Studio | $2,323 | +$798 (+52.3%) | +$728 (+45.6%) | $1,990 – $2,650 | 4 |
| 1BR | $1,650 | −$75 (-4.3%) | +$155 (+10.4%) | $1,650 – $1,650 | 1 |
| 1BR | $1,975 | +$250 (+14.5%) | +$480 (+32.1%) | $1,950 – $2,000 | 4 |
| 2BR | $3,225 | +$625 (+24.0%) | +$1,226 (+61.3%) | $3,000 – $3,350 | 5 |
| 2BR | $3,200 | +$600 (+23.1%) | +$1,201 (+60.1%) | $3,200 – $3,200 | 1 |
| 3BR | $3,400 | +$150 (+4.6%) | +$605 (+21.6%) | $3,400 – $3,400 | 1 |
| 3BR | $4,698 | +$1,448 (+44.5%) | +$1,903 (+68.1%) | $3,395 – $6,000 | 4 |
| 4BR | $3,950 | +$3 (+0.1%) | −$45 (-1.1%) | $3,950 – $3,950 | 1 |
| 4BR | $3,950 | +$3 (+0.1%) | −$45 (-1.1%) | $3,950 – $3,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — October 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,538 | $1,795 | −$257 (-14.3%) |
| Studio | $2,323 | $1,795 | +$528 (+29.4%) |
| 1BR | $1,650 | $2,096 | −$446 (-21.3%) |
| 1BR | $1,975 | $2,096 | −$121 (-5.8%) |
| 2BR | $3,225 | $2,900 | +$325 (+11.2%) |
| 2BR | $3,200 | $2,900 | +$300 (+10.3%) |
| 3BR | $3,400 | $3,948 | −$547 (-13.9%) |
| 3BR | $4,698 | $3,948 | +$750 (+19.0%) |
| 4BR | $3,950 | $4,838 | −$887 (-18.3%) |
| 4BR | $3,950 | $4,838 | −$887 (-18.3%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.