Monthly Rent Report
Torrance Rent Report — January 2023
Asking rents in ZIP 90502, Los Angeles, from 70 listings.
Median 1BR rent in Torrance was $2,688 in January 2023, down 3.2% (−$88) from December 2022 and up 1.6% year-over-year. The middle half of 1BR listings asked between $2,670 and $2,711. That puts Torrance $563 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 70 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,688 | −$88 (-3.2%) | +$43 (+1.6%) | $2,670 – $2,711 | 4 |
| 1BR | $2,706 | −$70 (-2.5%) | +$61 (+2.3%) | $2,665 – $2,729 | 18 |
| 2BR | $3,663 | +$1,363 (+59.3%) | +$1,163 (+46.5%) | $3,000 – $3,724 | 20 |
| 2BR | $3,327 | +$1,027 (+44.6%) | +$827 (+33.1%) | $3,000 – $3,668 | 6 |
| 3BR | $3,850 | +$528 (+15.9%) | +$700 (+22.2%) | $3,850 – $3,850 | 1 |
| 3BR | $3,149 | −$173 (-5.2%) | −$1 (-0.0%) | $3,000 – $3,300 | 17 |
| 4BR | $4,000 | — | — | $4,000 – $4,000 | 1 |
| 4BR | $4,000 | — | — | $4,000 – $4,000 | 3 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — January 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,688 | $2,125 | +$563 (+26.5%) |
| 1BR | $2,706 | $2,125 | +$581 (+27.3%) |
| 2BR | $3,663 | $2,861 | +$802 (+28.0%) |
| 2BR | $3,327 | $2,861 | +$465 (+16.3%) |
| 3BR | $3,850 | $3,848 | +$3 (+0.1%) |
| 3BR | $3,149 | $3,848 | −$698 (-18.2%) |
| 4BR | $4,000 | $5,000 | −$999 (-20.0%) |
| 4BR | $4,000 | $5,000 | −$999 (-20.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.