Monthly Rent Report
Torrance Rent Report — December 2024
Asking rents in ZIP 90501, Los Angeles, from 51 listings.
Median 1BR rent in Torrance was $2,210 in December 2024, down 8.8% (−$212) from November 2024 and up 10.8% year-over-year. The middle half of 1BR listings asked between $2,084 and $2,325. That puts Torrance $143 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 51 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$250 (-14.3%) | +$96 (+6.9%) | $1,421 – $1,495 | 4 |
| Studio | $1,495 | −$250 (-14.3%) | +$96 (+6.9%) | $1,495 – $1,725 | 5 |
| 1BR | $2,210 | −$212 (-8.8%) | +$215 (+10.8%) | $2,084 – $2,325 | 4 |
| 1BR | $1,823 | −$599 (-24.7%) | −$172 (-8.6%) | $1,760 – $1,886 | 2 |
| 2BR | $2,295 | −$455 (-16.5%) | −$205 (-8.2%) | $2,198 – $2,420 | 3 |
| 2BR | $2,400 | −$350 (-12.7%) | −$100 (-4.0%) | $2,373 – $2,525 | 19 |
| 3BR | $2,750 | −$1,050 (-27.6%) | −$550 (-16.7%) | $2,750 – $2,750 | 1 |
| 3BR | $3,700 | −$100 (-2.6%) | +$400 (+12.1%) | $3,350 – $3,850 | 9 |
| 4BR | $3,500 | −$500 (-12.5%) | −$1,300 (-27.1%) | $3,500 – $3,500 | 1 |
| 4BR | $4,000 | $0 (0.0%) | −$800 (-16.7%) | $3,723 – $4,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,725 | −$230 (-13.3%) |
| Studio | $1,495 | $1,725 | −$230 (-13.3%) |
| 1BR | $2,210 | $2,068 | +$143 (+6.9%) |
| 1BR | $1,823 | $2,068 | −$244 (-11.8%) |
| 2BR | $2,295 | $2,750 | −$455 (-16.5%) |
| 2BR | $2,400 | $2,750 | −$350 (-12.7%) |
| 3BR | $2,750 | $3,995 | −$1,245 (-31.2%) |
| 3BR | $3,700 | $3,995 | −$295 (-7.4%) |
| 4BR | $3,500 | $4,900 | −$1,400 (-28.6%) |
| 4BR | $4,000 | $4,900 | −$900 (-18.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.