Monthly Rent Report
Torrance Rent Report — April 2024
Asking rents in ZIP 90502, Los Angeles, from 143 listings.
Median 1BR rent in Torrance was $2,680 in April 2024, down 0.4% (−$9) from March 2024 and down 5.7% year-over-year. The middle half of 1BR listings asked between $2,630 and $2,759. That puts Torrance $585 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 143 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | $0 (0.0%) | — | $1,895 – $1,895 | 1 |
| Studio | $1,895 | $0 (0.0%) | — | $1,895 – $1,895 | 1 |
| 1BR | $2,680 | −$9 (-0.4%) | −$163 (-5.7%) | $2,630 – $2,759 | 35 |
| 1BR | $2,649 | −$40 (-1.5%) | −$194 (-6.8%) | $2,395 – $2,777 | 28 |
| 2BR | $3,200 | −$155 (-4.6%) | +$200 (+6.7%) | $2,613 – $3,765 | 34 |
| 2BR | $2,750 | −$605 (-18.0%) | −$250 (-8.3%) | $2,750 – $2,750 | 1 |
| 3BR | $3,400 | −$175 (-4.9%) | +$250 (+7.9%) | $3,400 – $3,500 | 11 |
| 3BR | $3,500 | −$75 (-2.1%) | +$350 (+11.1%) | $3,400 – $3,500 | 17 |
| 4BR | $3,900 | −$300 (-7.1%) | +$100 (+2.6%) | $3,800 – $3,975 | 4 |
| 4BR | $4,050 | −$150 (-3.6%) | +$250 (+6.6%) | $3,975 – $4,125 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — April 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,795 | +$100 (+5.6%) |
| Studio | $1,895 | $1,795 | +$100 (+5.6%) |
| 1BR | $2,680 | $2,095 | +$585 (+27.9%) |
| 1BR | $2,649 | $2,095 | +$554 (+26.4%) |
| 2BR | $3,200 | $2,833 | +$367 (+13.0%) |
| 2BR | $2,750 | $2,833 | −$83 (-2.9%) |
| 3BR | $3,400 | $3,950 | −$550 (-13.9%) |
| 3BR | $3,500 | $3,950 | −$450 (-11.4%) |
| 4BR | $3,900 | $4,999 | −$1,099 (-22.0%) |
| 4BR | $4,050 | $4,999 | −$949 (-19.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.