Monthly Rent Report
Torrance Rent Report — February 2023
Asking rents in ZIP 90502, Los Angeles, from 47 listings.
Median 1BR rent in Torrance was $2,200 in February 2023, down 18.1% (−$487) from January 2023 and down 12.0% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,694. That puts Torrance $75 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 47 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,200 | −$487 (-18.1%) | −$300 (-12.0%) | $2,200 – $2,694 | 15 |
| 1BR | $2,200 | −$487 (-18.1%) | −$300 (-12.0%) | $2,200 – $2,200 | 1 |
| 2BR | $3,000 | −$663 (-18.1%) | +$550 (+22.4%) | $2,518 – $3,658 | 12 |
| 2BR | $2,525 | −$1,138 (-31.1%) | +$75 (+3.1%) | $2,495 – $3,000 | 9 |
| 3BR | $3,100 | −$49 (-1.6%) | −$200 (-6.1%) | $3,050 – $3,125 | 3 |
| 3BR | $3,149 | $0 (0.0%) | −$151 (-4.6%) | $3,149 – $3,149 | 1 |
| 4BR | $4,000 | $0 (0.0%) | — | $4,000 – $4,250 | 5 |
| 4BR | $4,250 | +$250 (+6.3%) | — | $4,250 – $4,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — February 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,200 | $2,125 | +$75 (+3.5%) |
| 1BR | $2,200 | $2,125 | +$75 (+3.5%) |
| 2BR | $3,000 | $2,773 | +$227 (+8.2%) |
| 2BR | $2,525 | $2,773 | −$248 (-8.9%) |
| 3BR | $3,100 | $3,850 | −$750 (-19.5%) |
| 3BR | $3,149 | $3,850 | −$701 (-18.2%) |
| 4BR | $4,000 | $4,695 | −$695 (-14.8%) |
| 4BR | $4,250 | $4,695 | −$445 (-9.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.