Monthly Rent Report
Torrance Rent Report — September 2022
Asking rents in ZIP 90502, Los Angeles, from 21 listings.
Median 1BR rent in Torrance was $2,512 in September 2022, up 32.2% (+$612) from August 2022 and up 45.8% year-over-year. The middle half of 1BR listings asked between $2,031 and $2,723. That puts Torrance $417 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 21 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | +$255 (+17.6%) | — | $1,700 – $1,700 | 1 |
| 1BR | $2,512 | +$612 (+32.2%) | +$790 (+45.8%) | $2,031 – $2,723 | 3 |
| 1BR | $1,550 | −$350 (-18.4%) | −$172 (-10.0%) | $1,550 – $2,512 | 5 |
| 2BR | $2,300 | −$295 (-11.4%) | $0 (0.0%) | $2,300 – $2,300 | 2 |
| 2BR | $2,300 | −$295 (-11.4%) | $0 (0.0%) | $2,300 – $2,300 | 2 |
| 3BR | $3,500 | +$200 (+6.1%) | −$75 (-2.1%) | $3,500 – $3,500 | 1 |
| 3BR | $3,800 | +$500 (+15.2%) | +$225 (+6.3%) | $3,550 – $3,900 | 7 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — September 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,695 | +$5 (+0.3%) |
| 1BR | $2,512 | $2,096 | +$417 (+19.9%) |
| 1BR | $1,550 | $2,096 | −$545 (-26.0%) |
| 2BR | $2,300 | $2,882 | −$581 (-20.2%) |
| 2BR | $2,300 | $2,882 | −$581 (-20.2%) |
| 3BR | $3,500 | $3,900 | −$400 (-10.3%) |
| 3BR | $3,800 | $3,900 | −$100 (-2.6%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in September 2022.