Monthly Rent Report
Torrance Rent Report — February 2021
Asking rents in ZIP 90502, Los Angeles, from 23 listings.
Median 1BR rent in Torrance was $2,117 in February 2021, up 149.0% (+$1,267) from January 2021 and up 1.2% year-over-year. The middle half of 1BR listings asked between $2,086 and $2,148. That puts Torrance $304 above the Los Angeles citywide 1BR median of $1,813. The month's figures are based on 23 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2021 | Vs. February 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | +$25 (+1.9%) | — | $1,350 – $1,350 | 1 |
| 1BR | $2,117 | +$1,267 (+149.0%) | +$26 (+1.2%) | $2,086 – $2,148 | 4 |
| 1BR | $1,695 | +$845 (+99.4%) | −$396 (-18.9%) | $1,695 – $1,695 | 1 |
| 2BR | $2,831 | −$46 (-1.6%) | +$206 (+7.8%) | $2,767 – $2,957 | 11 |
| 2BR | $2,831 | −$46 (-1.6%) | +$206 (+7.8%) | $2,767 – $2,951 | 5 |
| 3BR | $2,995 | +$95 (+3.3%) | +$495 (+19.8%) | $2,995 – $2,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — February 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,550 | −$200 (-12.9%) |
| 1BR | $2,117 | $1,813 | +$304 (+16.8%) |
| 1BR | $1,695 | $1,813 | −$117 (-6.5%) |
| 2BR | $2,831 | $2,446 | +$386 (+15.8%) |
| 2BR | $2,831 | $2,446 | +$386 (+15.8%) |
| 3BR | $2,995 | $3,448 | −$452 (-13.1%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in February 2021.