Monthly Rent Report
Torrance Rent Report — August 2021
Asking rents in ZIP 90502, Los Angeles, from 20 listings.
Median 1BR rent in Torrance was $2,358 in August 2021, flat versus July 2021 and up 2.3% year-over-year. The middle half of 1BR listings asked between $2,123 and $2,417. That puts Torrance $496 above the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 20 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,358 | $0 (0.0%) | +$52 (+2.3%) | $2,123 – $2,417 | 7 |
| 1BR | $1,650 | −$708 (-30.0%) | −$656 (-28.4%) | $1,650 – $1,650 | 1 |
| 2BR | $3,219 | +$1,344 (+71.7%) | +$386 (+13.6%) | $2,964 – $3,287 | 9 |
| 2BR | $2,295 | +$420 (+22.4%) | −$538 (-19.0%) | $2,295 – $2,295 | 1 |
| 3BR | $2,500 | −$200 (-7.4%) | −$808 (-24.4%) | $2,500 – $2,500 | 1 |
| 3BR | $2,500 | −$200 (-7.4%) | −$808 (-24.4%) | $2,500 – $2,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — August 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,358 | $1,863 | +$496 (+26.6%) |
| 1BR | $1,650 | $1,863 | −$212 (-11.4%) |
| 2BR | $3,219 | $2,680 | +$539 (+20.1%) |
| 2BR | $2,295 | $2,680 | −$385 (-14.4%) |
| 3BR | $2,500 | $3,595 | −$1,095 (-30.5%) |
| 3BR | $2,500 | $3,595 | −$1,095 (-30.5%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.