Monthly Rent Report
Torrance Rent Report — January 2023
Asking rents in ZIP 90501, Los Angeles, from 146 listings.
Median 1BR rent in Torrance was $1,800 in January 2023, down 5.0% (−$95) from December 2022 and down 7.7% year-over-year. The middle half of 1BR listings asked between $1,525 and $1,970. That puts Torrance $325 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 146 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,538 | +$13 (+0.8%) | −$87 (-5.4%) | $1,525 – $1,659 | 10 |
| Studio | $1,500 | −$25 (-1.6%) | −$125 (-7.7%) | $1,500 – $1,500 | 3 |
| 1BR | $1,800 | −$95 (-5.0%) | −$150 (-7.7%) | $1,525 – $1,970 | 23 |
| 1BR | $1,695 | −$200 (-10.6%) | −$255 (-13.1%) | $1,695 – $1,695 | 1 |
| 2BR | $2,450 | +$155 (+6.8%) | +$350 (+16.7%) | $2,450 – $2,450 | 1 |
| 2BR | $3,200 | +$905 (+39.4%) | +$1,100 (+52.4%) | $2,350 – $3,375 | 41 |
| 3BR | $2,850 | −$400 (-12.3%) | −$1,650 (-36.7%) | $2,850 – $2,850 | 1 |
| 3BR | $2,745 | −$505 (-15.5%) | −$1,755 (-39.0%) | $2,745 – $3,395 | 53 |
| 4BR | $4,495 | −$5 (-0.1%) | +$400 (+9.8%) | $4,095 – $4,650 | 7 |
| 4BR | $4,800 | +$300 (+6.7%) | +$705 (+17.2%) | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — January 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,538 | $1,795 | −$257 (-14.3%) |
| Studio | $1,500 | $1,795 | −$295 (-16.4%) |
| 1BR | $1,800 | $2,125 | −$325 (-15.3%) |
| 1BR | $1,695 | $2,125 | −$430 (-20.2%) |
| 2BR | $2,450 | $2,861 | −$411 (-14.4%) |
| 2BR | $3,200 | $2,861 | +$339 (+11.8%) |
| 3BR | $2,850 | $3,848 | −$997 (-25.9%) |
| 3BR | $2,745 | $3,848 | −$1,102 (-28.7%) |
| 4BR | $4,495 | $5,000 | −$504 (-10.1%) |
| 4BR | $4,800 | $5,000 | −$199 (-4.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.