Monthly Rent Report
Torrance Rent Report — August 2022
Asking rents in ZIP 90502, Los Angeles, from 8 listings.
Median 1BR rent in Torrance was $1,795 in August 2022, down 33.7% (−$910) from July 2022 and down 23.9% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts Torrance $300 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 8 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,445 | $0 (0.0%) | — | $1,420 – $1,470 | 2 |
| 1BR | $1,795 | −$910 (-33.7%) | −$563 (-23.9%) | $1,795 – $1,795 | 1 |
| 1BR | $1,900 | −$805 (-29.8%) | −$458 (-19.4%) | $1,900 – $1,900 | 1 |
| 2BR | $2,595 | −$605 (-18.9%) | −$624 (-19.4%) | $2,595 – $2,595 | 1 |
| 2BR | $2,050 | −$1,150 (-35.9%) | −$1,169 (-36.3%) | $2,050 – $2,050 | 1 |
| 3BR | $3,300 | −$200 (-5.7%) | +$800 (+32.0%) | $3,300 – $3,300 | 1 |
| 3BR | $3,450 | −$50 (-1.4%) | +$950 (+38.0%) | $3,450 – $3,450 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — August 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,445 | $1,773 | −$327 (-18.5%) |
| 1BR | $1,795 | $2,095 | −$300 (-14.3%) |
| 1BR | $1,900 | $2,095 | −$195 (-9.3%) |
| 2BR | $2,595 | $2,880 | −$285 (-9.9%) |
| 2BR | $2,050 | $2,880 | −$830 (-28.8%) |
| 3BR | $3,300 | $3,795 | −$495 (-13.0%) |
| 3BR | $3,450 | $3,795 | −$345 (-9.1%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.