Monthly Rent Report
Torrance Rent Report — July 2022
Asking rents in ZIP 90502, Los Angeles, from 13 listings.
Median 1BR rent in Torrance was $2,706 in July 2022, up 38.7% (+$756) from June 2022 and up 59.1% year-over-year. The middle half of 1BR listings asked between $2,629 and $2,782. That puts Torrance $606 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 13 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,445 | +$95 (+7.0%) | — | $1,420 – $1,470 | 2 |
| Studio | $1,495 | +$145 (+10.7%) | — | $1,495 – $1,495 | 1 |
| 1BR | $2,706 | +$756 (+38.7%) | +$1,006 (+59.1%) | $2,629 – $2,782 | 2 |
| 2BR | $3,200 | +$700 (+28.0%) | +$204 (+6.8%) | $3,200 – $3,200 | 4 |
| 2BR | $3,200 | +$700 (+28.0%) | +$204 (+6.8%) | $3,200 – $3,200 | 1 |
| 3BR | $3,500 | −$200 (-5.4%) | +$300 (+9.4%) | $3,350 – $3,650 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,445 | $1,695 | −$250 (-14.7%) |
| Studio | $1,495 | $1,695 | −$200 (-11.8%) |
| 1BR | $2,706 | $2,100 | +$606 (+28.8%) |
| 2BR | $3,200 | $2,995 | +$205 (+6.8%) |
| 2BR | $3,200 | $2,995 | +$205 (+6.8%) |
| 3BR | $3,500 | $3,900 | −$400 (-10.3%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.