Monthly Rent Report
Torrance Rent Report — September 2024
Asking rents in ZIP 90502, Los Angeles, from 87 listings.
Median 1BR rent in Torrance was $2,095 in September 2024, down 0.2% (−$5) from August 2024 and up 25.1% year-over-year. The middle half of 1BR listings asked between $2,095 and $2,095. That puts Torrance $97 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 87 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,638 | +$13 (+0.8%) | +$288 (+21.3%) | $1,631 – $1,644 | 2 |
| 1BR | $2,095 | −$5 (-0.2%) | +$420 (+25.1%) | $2,095 – $2,095 | 1 |
| 2BR | $3,258 | +$458 (+16.4%) | +$758 (+30.3%) | $2,825 – $3,300 | 67 |
| 2BR | $2,750 | −$50 (-1.8%) | +$250 (+10.0%) | $2,750 – $2,750 | 2 |
| 3BR | $3,100 | −$395 (-11.3%) | −$850 (-21.5%) | $3,006 – $3,396 | 14 |
| 4BR | $4,200 | — | +$810 (+23.9%) | $4,200 – $4,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — September 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,638 | $1,755 | −$117 (-6.7%) |
| 1BR | $2,095 | $1,999 | +$97 (+4.8%) |
| 2BR | $3,258 | $2,795 | +$463 (+16.6%) |
| 2BR | $2,750 | $2,795 | −$45 (-1.6%) |
| 3BR | $3,100 | $3,850 | −$750 (-19.5%) |
| 4BR | $4,200 | $4,995 | −$795 (-15.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.