Monthly Rent Report
Torrance Rent Report — December 2024
Asking rents in ZIP 90502, Los Angeles, from 22 listings.
Median 1BR rent in Torrance was $1,750 in December 2024, down 37.0% (−$1,029) from November 2024 and down 31.2% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts Torrance $318 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 22 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,895 | $0 (0.0%) | −$30 (-1.6%) | $1,895 – $1,895 | 1 |
| 1BR | $1,750 | −$1,029 (-37.0%) | −$792 (-31.2%) | $1,750 – $1,750 | 1 |
| 1BR | $2,143 | −$636 (-22.9%) | −$399 (-15.7%) | $2,034 – $2,251 | 2 |
| 2BR | $2,600 | −$697 (-21.1%) | −$535 (-17.1%) | $2,506 – $2,600 | 6 |
| 2BR | $2,600 | −$697 (-21.1%) | −$535 (-17.1%) | $2,506 – $2,600 | 6 |
| 3BR | $2,900 | −$1,077 (-27.1%) | −$300 (-9.4%) | $2,900 – $2,950 | 3 |
| 3BR | $2,900 | −$1,077 (-27.1%) | −$300 (-9.4%) | $2,900 – $2,900 | 1 |
| 4BR | $3,850 | −$650 (-14.4%) | −$350 (-8.3%) | $3,850 – $3,850 | 1 |
| 4BR | $3,850 | −$650 (-14.4%) | −$350 (-8.3%) | $3,850 – $3,850 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,895 | $1,725 | +$170 (+9.9%) |
| 1BR | $1,750 | $2,068 | −$317 (-15.4%) |
| 1BR | $2,143 | $2,068 | +$75 (+3.6%) |
| 2BR | $2,600 | $2,750 | −$150 (-5.5%) |
| 2BR | $2,600 | $2,750 | −$150 (-5.5%) |
| 3BR | $2,900 | $3,995 | −$1,095 (-27.4%) |
| 3BR | $2,900 | $3,995 | −$1,095 (-27.4%) |
| 4BR | $3,850 | $4,900 | −$1,050 (-21.4%) |
| 4BR | $3,850 | $4,900 | −$1,050 (-21.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.