Monthly Rent Report
Torrance Rent Report — November 2022
Asking rents in ZIP 90501, Los Angeles, from 50 listings.
Median 1BR rent in Torrance was $1,599 in November 2022, down 3.1% (−$51) from October 2022 and up 7.7% year-over-year. The middle half of 1BR listings asked between $1,599 and $1,599. That puts Torrance $467 below the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 50 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$822 (-35.4%) | +$50 (+3.4%) | $1,500 – $1,500 | 1 |
| Studio | $2,650 | +$328 (+14.1%) | +$1,200 (+82.8%) | $2,650 – $2,650 | 2 |
| 1BR | $1,599 | −$51 (-3.1%) | +$114 (+7.7%) | $1,599 – $1,599 | 1 |
| 1BR | $1,800 | +$150 (+9.1%) | +$315 (+21.2%) | $1,650 – $1,856 | 18 |
| 2BR | $2,445 | −$780 (-24.2%) | −$155 (-6.0%) | $2,220 – $2,670 | 2 |
| 2BR | $3,100 | −$125 (-3.9%) | +$500 (+19.2%) | $3,100 – $3,100 | 1 |
| 3BR | $2,850 | −$1,847 (-39.3%) | +$1,400 (+96.6%) | $2,850 – $2,850 | 3 |
| 3BR | $3,780 | −$917 (-19.5%) | +$2,330 (+160.7%) | $3,780 – $3,780 | 1 |
| 3BR | $3,395 | −$1,302 (-27.7%) | +$1,945 (+134.1%) | $3,095 – $3,395 | 14 |
| 4BR | $4,600 | +$650 (+16.5%) | $0 (0.0%) | $4,600 – $4,600 | 3 |
| 4BR | $5,000 | +$1,050 (+26.6%) | +$400 (+8.7%) | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — November 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,695 | −$195 (-11.5%) |
| Studio | $2,650 | $1,695 | +$955 (+56.3%) |
| 1BR | $1,599 | $2,066 | −$467 (-22.6%) |
| 1BR | $1,800 | $2,066 | −$266 (-12.9%) |
| 2BR | $2,445 | $2,873 | −$427 (-14.9%) |
| 2BR | $3,100 | $2,873 | +$228 (+7.9%) |
| 3BR | $2,850 | $3,700 | −$850 (-23.0%) |
| 3BR | $3,780 | $3,700 | +$80 (+2.2%) |
| 3BR | $3,395 | $3,700 | −$305 (-8.2%) |
| 4BR | $4,600 | $5,000 | −$400 (-8.0%) |
| 4BR | $5,000 | $5,000 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.