Monthly Rent Report
Torrance Rent Report — August 2021
Asking rents in ZIP 90503, Los Angeles, from 90 listings.
Median 1BR rent in Torrance was $1,795 in August 2021, down 5.5% (−$105) from July 2021. The middle half of 1BR listings asked between $1,740 and $1,920. That puts Torrance $68 below the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 90 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,945 | +$65 (+3.5%) | — | $1,943 – $1,948 | 2 |
| Studio | $1,945 | +$65 (+3.5%) | — | $1,924 – $1,956 | 4 |
| 1BR | $1,795 | −$105 (-5.5%) | — | $1,740 – $1,920 | 28 |
| 1BR | $2,000 | +$100 (+5.3%) | — | $2,000 – $2,000 | 1 |
| 2BR | $2,285 | +$35 (+1.6%) | — | $2,200 – $2,395 | 41 |
| 2BR | $3,000 | +$750 (+33.3%) | — | $2,500 – $3,000 | 3 |
| 3BR | $3,195 | −$105 (-3.2%) | — | $2,823 – $3,348 | 3 |
| 3BR | $3,000 | −$300 (-9.1%) | — | $3,000 – $3,000 | 1 |
| 4BR | $4,850 | — | — | $4,800 – $4,850 | 4 |
| 4BR | $4,900 | — | — | $4,875 – $4,925 | 2 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — August 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,945 | $1,549 | +$397 (+25.6%) |
| Studio | $1,945 | $1,549 | +$397 (+25.6%) |
| 1BR | $1,795 | $1,863 | −$67 (-3.6%) |
| 1BR | $2,000 | $1,863 | +$138 (+7.4%) |
| 2BR | $2,285 | $2,680 | −$395 (-14.7%) |
| 2BR | $3,000 | $2,680 | +$320 (+11.9%) |
| 3BR | $3,195 | $3,595 | −$400 (-11.1%) |
| 3BR | $3,000 | $3,595 | −$595 (-16.6%) |
| 4BR | $4,850 | $4,350 | +$500 (+11.5%) |
| 4BR | $4,900 | $4,350 | +$550 (+12.6%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.