Monthly Rent Report
Torrance Rent Report — November 2022
Asking rents in ZIP 90502, Los Angeles, from 36 listings.
Median 1BR rent in Torrance was $2,771 in November 2022, up 54.4% (+$976) from October 2022 and up 33.2% year-over-year. The middle half of 1BR listings asked between $2,741 and $2,806. That puts Torrance $705 above the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 36 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,771 | +$976 (+54.4%) | +$690 (+33.2%) | $2,741 – $2,806 | 14 |
| 1BR | $2,737 | +$942 (+52.5%) | +$656 (+31.5%) | $2,709 – $2,752 | 3 |
| 2BR | $2,350 | −$600 (-20.3%) | +$425 (+22.1%) | $2,350 – $2,350 | 1 |
| 2BR | $3,715 | +$765 (+25.9%) | +$1,790 (+93.0%) | $3,396 – $3,896 | 11 |
| 3BR | $3,595 | −$105 (-2.8%) | +$345 (+10.6%) | $3,595 – $3,595 | 1 |
| 3BR | $3,475 | −$225 (-6.1%) | +$225 (+6.9%) | $3,081 – $3,490 | 6 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — November 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,771 | $2,066 | +$705 (+34.1%) |
| 1BR | $2,737 | $2,066 | +$671 (+32.5%) |
| 2BR | $2,350 | $2,873 | −$522 (-18.2%) |
| 2BR | $3,715 | $2,873 | +$843 (+29.3%) |
| 3BR | $3,595 | $3,700 | −$105 (-2.8%) |
| 3BR | $3,475 | $3,700 | −$225 (-6.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.