Monthly Rent Report
Torrance Rent Report — October 2022
Asking rents in ZIP 90502, Los Angeles, from 24 listings.
Median 1BR rent in Torrance was $2,907 in October 2022, up 87.5% (+$1,357) from September 2022 and up 57.1% year-over-year. The middle half of 1BR listings asked between $2,903 and $2,910. That puts Torrance $811 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 24 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,907 | +$1,357 (+87.5%) | +$1,057 (+57.1%) | $2,903 – $2,910 | 4 |
| 1BR | $1,795 | +$245 (+15.8%) | −$55 (-3.0%) | $1,795 – $1,795 | 2 |
| 2BR | $2,950 | +$650 (+28.3%) | +$655 (+28.5%) | $2,900 – $3,100 | 13 |
| 2BR | $3,676 | +$1,376 (+59.8%) | +$1,381 (+60.2%) | $3,313 – $3,676 | 3 |
| 3BR | $3,700 | −$100 (-2.6%) | +$288 (+8.4%) | $3,700 – $3,700 | 1 |
| 3BR | $3,300 | −$500 (-13.2%) | −$112 (-3.3%) | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — October 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,907 | $2,096 | +$811 (+38.7%) |
| 1BR | $1,795 | $2,096 | −$301 (-14.4%) |
| 2BR | $2,950 | $2,900 | +$50 (+1.7%) |
| 2BR | $3,676 | $2,900 | +$776 (+26.8%) |
| 3BR | $3,700 | $3,948 | −$247 (-6.3%) |
| 3BR | $3,300 | $3,948 | −$647 (-16.4%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.