Monthly Rent Report
Torrance Rent Report — May 2022
Asking rents in ZIP 90502, Los Angeles, from 10 listings.
Median 1BR rent in Torrance was $1,950 in May 2022, down 36.1% (−$1,099) from April 2022 and down 15.2% year-over-year. The middle half of 1BR listings asked between $1,950 and $1,950. That puts Torrance in line with the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 10 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$465 (+34.8%) | — | $1,800 – $1,800 | 1 |
| 1BR | $1,950 | −$1,099 (-36.1%) | −$350 (-15.2%) | $1,950 – $1,950 | 1 |
| 1BR | $1,895 | −$1,154 (-37.9%) | −$405 (-17.6%) | $1,895 – $1,895 | 1 |
| 2BR | $2,400 | −$517 (-17.7%) | −$401 (-14.3%) | $2,400 – $2,400 | 1 |
| 3BR | $3,650 | +$150 (+4.3%) | +$455 (+14.2%) | $3,650 – $3,850 | 5 |
| 4BR | $3,995 | — | +$395 (+11.0%) | $3,995 – $3,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — May 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,620 | +$180 (+11.1%) |
| 1BR | $1,950 | $1,950 | $0 (0.0%) |
| 1BR | $1,895 | $1,950 | −$55 (-2.8%) |
| 2BR | $2,400 | $2,800 | −$400 (-14.3%) |
| 3BR | $3,650 | $3,995 | −$345 (-8.6%) |
| 4BR | $3,995 | $5,100 | −$1,105 (-21.7%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.