Monthly Rent Report
Torrance Rent Report — December 2022
Asking rents in ZIP 90502, Los Angeles, from 28 listings.
Median 1BR rent in Torrance was $2,776 in December 2022, up 1.4% (+$39) from November 2022 and up 20.7% year-over-year. The middle half of 1BR listings asked between $2,723 and $2,795. That puts Torrance $684 above the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 28 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,776 | +$39 (+1.4%) | +$476 (+20.7%) | $2,723 – $2,795 | 14 |
| 1BR | $2,783 | +$46 (+1.7%) | +$483 (+21.0%) | $2,752 – $2,795 | 5 |
| 2BR | $2,300 | −$50 (-2.1%) | −$1,086 (-32.1%) | $2,300 – $2,300 | 1 |
| 2BR | $3,733 | +$1,383 (+58.9%) | +$347 (+10.2%) | $3,117 – $3,909 | 3 |
| 3BR | $3,400 | −$75 (-2.2%) | +$250 (+7.9%) | $3,400 – $3,400 | 1 |
| 3BR | $3,322 | −$153 (-4.4%) | +$172 (+5.5%) | $3,112 – $3,495 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,776 | $2,093 | +$684 (+32.7%) |
| 1BR | $2,783 | $2,093 | +$691 (+33.0%) |
| 2BR | $2,300 | $2,795 | −$495 (-17.7%) |
| 2BR | $3,733 | $2,795 | +$938 (+33.6%) |
| 3BR | $3,400 | $4,145 | −$745 (-18.0%) |
| 3BR | $3,322 | $4,145 | −$823 (-19.9%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.