Monthly Rent Report
Torrance Rent Report — May 2021
Asking rents in ZIP 90502, Los Angeles, from 22 listings.
Median 1BR rent in Torrance was $2,300 in May 2021, up 3.7% (+$81) from April 2021 and up 2.9% year-over-year. The middle half of 1BR listings asked between $2,218 and $2,310. That puts Torrance $502 above the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 22 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. May 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,300 | +$81 (+3.7%) | +$65 (+2.9%) | $2,218 – $2,310 | 8 |
| 1BR | $1,750 | −$469 (-21.1%) | −$485 (-21.7%) | $1,750 – $1,750 | 1 |
| 2BR | $2,801 | +$34 (+1.2%) | −$17 (-0.6%) | $2,400 – $2,851 | 9 |
| 2BR | $2,400 | −$367 (-13.3%) | −$418 (-14.8%) | $2,400 – $2,400 | 1 |
| 3BR | $2,675 | −$825 (-23.6%) | −$778 (-22.5%) | $2,675 – $2,675 | 1 |
| 3BR | $3,195 | −$305 (-8.7%) | −$258 (-7.5%) | $3,195 – $3,195 | 1 |
| 4BR | $3,600 | — | — | $3,600 – $3,600 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — May 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,300 | $1,798 | +$502 (+27.9%) |
| 1BR | $1,750 | $1,798 | −$48 (-2.7%) |
| 2BR | $2,801 | $2,450 | +$351 (+14.3%) |
| 2BR | $2,400 | $2,450 | −$50 (-2.0%) |
| 3BR | $2,675 | $3,295 | −$620 (-18.8%) |
| 3BR | $3,195 | $3,295 | −$100 (-3.0%) |
| 4BR | $3,600 | $3,990 | −$390 (-9.8%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.