Monthly Rent Report
Torrance Rent Report — April 2023
Asking rents in ZIP 90502, Los Angeles, from 60 listings.
Median 1BR rent in Torrance was $2,843 in April 2023, up 29.2% (+$643) from March 2023 and down 6.8% year-over-year. The middle half of 1BR listings asked between $2,842 and $2,851. That puts Torrance $746 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 60 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $2,843 | +$643 (+29.2%) | −$206 (-6.8%) | $2,842 – $2,851 | 9 |
| 1BR | $2,843 | +$643 (+29.2%) | −$206 (-6.8%) | $2,842 – $2,851 | 9 |
| 2BR | $3,000 | −$103 (-3.3%) | +$83 (+2.8%) | $2,595 – $3,476 | 21 |
| 2BR | $3,000 | −$103 (-3.3%) | +$83 (+2.8%) | $3,000 – $3,000 | 1 |
| 3BR | $3,500 | +$200 (+6.1%) | $0 (0.0%) | $3,500 – $3,500 | 1 |
| 3BR | $3,150 | −$150 (-4.5%) | −$350 (-10.0%) | $3,050 – $3,450 | 11 |
| 4BR | $3,800 | +$200 (+5.6%) | — | $3,600 – $4,075 | 4 |
| 4BR | $3,800 | +$200 (+5.6%) | — | $3,600 – $4,075 | 4 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — April 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $2,843 | $2,097 | +$746 (+35.6%) |
| 1BR | $2,843 | $2,097 | +$746 (+35.6%) |
| 2BR | $3,000 | $2,795 | +$205 (+7.3%) |
| 2BR | $3,000 | $2,795 | +$205 (+7.3%) |
| 3BR | $3,500 | $3,895 | −$395 (-10.1%) |
| 3BR | $3,150 | $3,895 | −$745 (-19.1%) |
| 4BR | $3,800 | $4,970 | −$1,170 (-23.5%) |
| 4BR | $3,800 | $4,970 | −$1,170 (-23.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.