Monthly Rent Report
Torrance Rent Report — December 2022
Asking rents in ZIP 90501, Los Angeles, from 82 listings.
Median 1BR rent in Torrance was $1,895 in December 2022, up 5.3% (+$95) from November 2022 and up 28.5% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,963. That puts Torrance $198 below the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 82 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$1,250 (-47.2%) | +$250 (+21.7%) | $1,400 – $1,400 | 1 |
| Studio | $1,525 | −$1,125 (-42.5%) | +$375 (+32.6%) | $1,525 – $1,525 | 3 |
| 1BR | $1,895 | +$95 (+5.3%) | +$420 (+28.5%) | $1,750 – $1,963 | 23 |
| 1BR | $1,895 | +$95 (+5.3%) | +$420 (+28.5%) | $1,895 – $1,895 | 1 |
| 2BR | $1,895 | −$550 (-22.5%) | −$500 (-20.9%) | $1,895 – $2,798 | 3 |
| 2BR | $2,295 | −$150 (-6.1%) | −$100 (-4.2%) | $2,100 – $2,900 | 21 |
| 3BR | $3,250 | +$400 (+14.0%) | +$625 (+23.8%) | $3,250 – $3,700 | 19 |
| 3BR | $2,000 | −$850 (-29.8%) | −$625 (-23.8%) | $1,848 – $4,775 | 3 |
| 4BR | $4,495 | −$105 (-2.3%) | +$195 (+4.5%) | $4,070 – $4,498 | 7 |
| 4BR | $4,500 | −$100 (-2.2%) | +$200 (+4.7%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,795 | −$395 (-22.0%) |
| Studio | $1,525 | $1,795 | −$270 (-15.0%) |
| 1BR | $1,895 | $2,093 | −$197 (-9.4%) |
| 1BR | $1,895 | $2,093 | −$197 (-9.4%) |
| 2BR | $1,895 | $2,795 | −$900 (-32.2%) |
| 2BR | $2,295 | $2,795 | −$500 (-17.9%) |
| 3BR | $3,250 | $4,145 | −$895 (-21.6%) |
| 3BR | $2,000 | $4,145 | −$2,145 (-51.7%) |
| 4BR | $4,495 | $4,998 | −$502 (-10.1%) |
| 4BR | $4,500 | $4,998 | −$497 (-10.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.