Monthly Rent Report
Torrance Rent Report — July 2021
Asking rents in ZIP 90502, Los Angeles, from 26 listings.
Median 1BR rent in Torrance was $2,358 in July 2021, up 8.2% (+$179) from June 2021 and up 0.6% year-over-year. The middle half of 1BR listings asked between $1,950 and $2,426. That puts Torrance $513 above the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 26 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,358 | +$179 (+8.2%) | +$15 (+0.6%) | $1,950 – $2,426 | 9 |
| 1BR | $1,700 | −$479 (-22.0%) | −$643 (-27.4%) | $1,700 – $1,700 | 1 |
| 2BR | $1,875 | −$275 (-12.8%) | −$877 (-31.9%) | $1,875 – $1,875 | 1 |
| 2BR | $2,997 | +$847 (+39.4%) | +$245 (+8.9%) | $2,821 – $3,114 | 10 |
| 3BR | $3,200 | +$100 (+3.2%) | −$56 (-1.7%) | $3,013 – $3,431 | 4 |
| 3BR | $2,700 | −$400 (-12.9%) | −$556 (-17.1%) | $2,700 – $2,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,358 | $1,845 | +$513 (+27.8%) |
| 1BR | $1,700 | $1,845 | −$145 (-7.9%) |
| 2BR | $1,875 | $2,529 | −$653 (-25.8%) |
| 2BR | $2,997 | $2,529 | +$468 (+18.5%) |
| 3BR | $3,200 | $3,338 | −$137 (-4.1%) |
| 3BR | $2,700 | $3,338 | −$637 (-19.1%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.