Monthly Rent Report
Torrance Rent Report — July 2021
Asking rents in ZIP 90503, Los Angeles, from 60 listings.
Median 1BR rent in Torrance was $1,900 in July 2021, up 18.8% (+$300) from June 2021. The middle half of 1BR listings asked between $1,735 and $1,933. That puts Torrance $55 above the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 60 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,880 | +$485 (+34.8%) | — | $1,810 – $1,905 | 5 |
| Studio | $1,880 | +$485 (+34.8%) | — | $1,810 – $1,905 | 5 |
| 1BR | $1,900 | +$300 (+18.8%) | — | $1,735 – $1,933 | 19 |
| 1BR | $1,795 | +$195 (+12.2%) | — | $1,795 – $1,795 | 1 |
| 2BR | $2,250 | +$50 (+2.3%) | — | $2,096 – $2,509 | 22 |
| 2BR | $3,300 | +$1,100 (+50.0%) | — | $3,300 – $3,300 | 1 |
| 3BR | $3,068 | −$552 (-15.3%) | — | $2,999 – $3,144 | 4 |
| 3BR | $3,300 | −$320 (-8.8%) | — | $3,300 – $3,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,880 | $1,525 | +$355 (+23.3%) |
| Studio | $1,880 | $1,525 | +$355 (+23.3%) |
| 1BR | $1,900 | $1,845 | +$55 (+3.0%) |
| 1BR | $1,795 | $1,845 | −$50 (-2.7%) |
| 2BR | $2,250 | $2,529 | −$278 (-11.0%) |
| 2BR | $3,300 | $2,529 | +$772 (+30.5%) |
| 3BR | $3,068 | $3,338 | −$270 (-8.1%) |
| 3BR | $3,300 | $3,338 | −$37 (-1.1%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.