Monthly Rent Report
Torrance Rent Report — March 2023
Asking rents in ZIP 90501, Los Angeles, from 169 listings.
Median 1BR rent in Torrance was $1,995 in March 2023, flat versus February 2023 and up 10.8% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Torrance $102 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 169 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. March 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | −$400 (-22.9%) | −$175 (-11.5%) | $1,275 – $1,425 | 2 |
| Studio | $1,695 | −$55 (-3.1%) | +$170 (+11.1%) | $1,595 – $1,838 | 11 |
| 1BR | $1,995 | $0 (0.0%) | +$195 (+10.8%) | $1,995 – $1,995 | 1 |
| 1BR | $2,003 | +$8 (+0.4%) | +$203 (+11.3%) | $1,861 – $2,200 | 34 |
| 2BR | $2,975 | +$380 (+14.6%) | +$100 (+3.5%) | $2,350 – $3,300 | 59 |
| 2BR | $2,473 | −$122 (-4.7%) | −$402 (-14.0%) | $2,411 – $2,534 | 2 |
| 3BR | $3,450 | +$450 (+15.0%) | −$750 (-17.9%) | $3,325 – $3,575 | 2 |
| 3BR | $2,745 | −$255 (-8.5%) | −$1,455 (-34.6%) | $2,745 – $2,900 | 51 |
| 4BR | $3,400 | +$300 (+9.7%) | −$200 (-5.6%) | $3,400 – $3,400 | 1 |
| 4BR | $4,448 | +$1,348 (+43.5%) | +$848 (+23.5%) | $3,924 – $4,971 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — March 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,745 | −$395 (-22.6%) |
| Studio | $1,695 | $1,745 | −$50 (-2.9%) |
| 1BR | $1,995 | $2,097 | −$102 (-4.9%) |
| 1BR | $2,003 | $2,097 | −$94 (-4.5%) |
| 2BR | $2,975 | $2,750 | +$225 (+8.2%) |
| 2BR | $2,473 | $2,750 | −$277 (-10.1%) |
| 3BR | $3,450 | $3,923 | −$472 (-12.0%) |
| 3BR | $2,745 | $3,923 | −$1,177 (-30.0%) |
| 4BR | $3,400 | $4,760 | −$1,360 (-28.6%) |
| 4BR | $4,448 | $4,760 | −$312 (-6.6%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.