Monthly Rent Report
Torrance Rent Report — March 2021
Asking rents in ZIP 90502, Los Angeles, from 19 listings.
Median 1BR rent in Torrance was $2,178 in March 2021, up 28.5% (+$483) from February 2021 and down 10.3% year-over-year. The middle half of 1BR listings asked between $2,151 and $2,206. That puts Torrance $383 above the Los Angeles citywide 1BR median of $1,795. The month's figures are based on 19 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2021 | Vs. March 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | −$25 (-1.9%) | — | $1,325 – $1,350 | 3 |
| 1BR | $2,178 | +$483 (+28.5%) | −$250 (-10.3%) | $2,151 – $2,206 | 2 |
| 1BR | $2,178 | +$483 (+28.5%) | −$250 (-10.3%) | $2,151 – $2,206 | 2 |
| 2BR | $2,800 | −$31 (-1.1%) | +$111 (+4.1%) | $2,767 – $2,922 | 6 |
| 2BR | $2,800 | −$31 (-1.1%) | +$111 (+4.1%) | $2,767 – $2,922 | 6 |
Median, P25, and P75 are asking rents from listings posted in March 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — March 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,500 | −$175 (-11.7%) |
| 1BR | $2,178 | $1,795 | +$383 (+21.3%) |
| 1BR | $2,178 | $1,795 | +$383 (+21.3%) |
| 2BR | $2,800 | $2,450 | +$350 (+14.3%) |
| 2BR | $2,800 | $2,450 | +$350 (+14.3%) |
Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in March 2021.