Monthly Rent Report
Torrance Rent Report — June 2021
Asking rents in ZIP 90503, Los Angeles, from 56 listings.
Median 1BR rent in Torrance was $1,600 in June 2021, down 7.2% (−$125) from May 2021. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Torrance $295 below the Los Angeles citywide 1BR median of $1,895. The month's figures are based on 56 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$55 (-3.8%) | — | $1,395 – $1,395 | 1 |
| Studio | $1,740 | +$290 (+20.0%) | — | $1,740 – $1,740 | 1 |
| 1BR | $1,600 | −$125 (-7.2%) | — | $1,600 – $1,600 | 1 |
| 1BR | $1,795 | +$70 (+4.1%) | — | $1,725 – $1,971 | 18 |
| 2BR | $2,200 | −$650 (-22.8%) | — | $2,150 – $2,465 | 25 |
| 2BR | $2,050 | −$800 (-28.1%) | — | $2,050 – $2,050 | 1 |
| 3BR | $3,198 | −$1,752 (-35.4%) | — | $3,184 – $3,493 | 6 |
| 3BR | $3,620 | −$1,330 (-26.9%) | — | $3,605 – $3,635 | 2 |
| 4BR | $4,700 | −$500 (-9.6%) | — | $4,700 – $4,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — June 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,495 | −$100 (-6.7%) |
| Studio | $1,740 | $1,495 | +$245 (+16.4%) |
| 1BR | $1,600 | $1,895 | −$295 (-15.6%) |
| 1BR | $1,795 | $1,895 | −$100 (-5.3%) |
| 2BR | $2,200 | $2,400 | −$200 (-8.3%) |
| 2BR | $2,050 | $2,400 | −$350 (-14.6%) |
| 3BR | $3,198 | $3,300 | −$102 (-3.1%) |
| 3BR | $3,620 | $3,300 | +$320 (+9.7%) |
| 4BR | $4,700 | $3,795 | +$905 (+23.8%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in June 2021.