Monthly Rent Report
Torrance Rent Report — February 2023
Asking rents in ZIP 90501, Los Angeles, from 131 listings.
Median 1BR rent in Torrance was $1,600 in February 2023, down 11.1% (−$200) from January 2023 and down 1.5% year-over-year. The middle half of 1BR listings asked between $1,575 and $1,625. That puts Torrance $525 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 131 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | −$100 (-6.7%) | +$205 (+17.2%) | $1,400 – $1,400 | 1 |
| Studio | $1,750 | +$250 (+16.7%) | +$555 (+46.4%) | $1,709 – $1,900 | 10 |
| 1BR | $1,600 | −$200 (-11.1%) | −$25 (-1.5%) | $1,575 – $1,625 | 2 |
| 1BR | $1,995 | +$195 (+10.8%) | +$370 (+22.8%) | $1,850 – $2,003 | 23 |
| 2BR | $2,595 | +$145 (+5.9%) | −$905 (-25.9%) | $2,300 – $3,300 | 41 |
| 2BR | $2,595 | +$145 (+5.9%) | −$905 (-25.9%) | $2,595 – $2,595 | 1 |
| 3BR | $3,000 | +$150 (+5.3%) | −$100 (-3.2%) | $3,000 – $3,000 | 1 |
| 3BR | $2,745 | −$105 (-3.7%) | −$355 (-11.5%) | $2,745 – $3,370 | 50 |
| 4BR | $4,750 | −$50 (-1.0%) | +$1,250 (+35.7%) | $4,750 – $4,750 | 1 |
| 4BR | $3,100 | −$1,700 (-35.4%) | −$400 (-11.4%) | $3,100 – $3,100 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — February 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,795 | −$395 (-22.0%) |
| Studio | $1,750 | $1,795 | −$45 (-2.5%) |
| 1BR | $1,600 | $2,125 | −$525 (-24.7%) |
| 1BR | $1,995 | $2,125 | −$130 (-6.1%) |
| 2BR | $2,595 | $2,773 | −$178 (-6.4%) |
| 2BR | $2,595 | $2,773 | −$178 (-6.4%) |
| 3BR | $3,000 | $3,850 | −$850 (-22.1%) |
| 3BR | $2,745 | $3,850 | −$1,105 (-28.7%) |
| 4BR | $4,750 | $4,695 | +$55 (+1.2%) |
| 4BR | $3,100 | $4,695 | −$1,595 (-34.0%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.