Monthly Rent Report
Torrance Rent Report — November 2023
Asking rents in ZIP 90501, Los Angeles, from 121 listings.
Median 1BR rent in Torrance was $1,895 in November 2023, up 6.8% (+$120) from October 2023 and up 18.5% year-over-year. The middle half of 1BR listings asked between $1,799 and $2,400. That puts Torrance $230 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 121 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,400 | +$850 (+54.8%) | −$250 (-9.4%) | $1,229 – $2,645 | 11 |
| Studio | $1,399 | −$151 (-9.7%) | −$1,251 (-47.2%) | $1,399 – $1,399 | 1 |
| 1BR | $1,895 | +$120 (+6.8%) | +$296 (+18.5%) | $1,799 – $2,400 | 69 |
| 1BR | $1,895 | +$120 (+6.8%) | +$296 (+18.5%) | $1,895 – $1,895 | 1 |
| 2BR | $2,195 | −$1,805 (-45.1%) | −$250 (-10.2%) | $2,195 – $2,195 | 1 |
| 2BR | $2,495 | −$1,505 (-37.6%) | +$50 (+2.0%) | $2,396 – $2,496 | 3 |
| 3BR | $3,950 | +$2,255 (+133.0%) | +$555 (+16.3%) | $3,950 – $3,950 | 1 |
| 3BR | $3,200 | +$1,505 (+88.8%) | −$195 (-5.7%) | $3,200 – $3,200 | 1 |
| 4BR | $4,198 | −$402 (-8.8%) | −$802 (-16.1%) | $3,995 – $4,500 | 14 |
| 4BR | $4,198 | −$402 (-8.8%) | −$802 (-16.1%) | $3,995 – $4,500 | 14 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — November 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,400 | $1,775 | +$625 (+35.2%) |
| Studio | $1,399 | $1,775 | −$376 (-21.2%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 2BR | $2,195 | $2,795 | −$600 (-21.5%) |
| 2BR | $2,495 | $2,795 | −$300 (-10.7%) |
| 3BR | $3,950 | $3,950 | $0 (0.0%) |
| 3BR | $3,200 | $3,950 | −$750 (-19.0%) |
| 4BR | $4,198 | $4,994 | −$796 (-15.9%) |
| 4BR | $4,198 | $4,994 | −$796 (-15.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.