Monthly Rent Report
Torrance Rent Report — September 2021
Asking rents in ZIP 90503, Los Angeles, from 35 listings.
Median 1BR rent in Torrance was $2,035 in September 2021, up 13.4% (+$240) from August 2021 and up 29.2% year-over-year. The middle half of 1BR listings asked between $1,820 and $2,173. That puts Torrance $85 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 35 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2021 | Vs. September 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,663 | −$282 (-14.5%) | +$138 (+9.0%) | $1,656 – $1,729 | 6 |
| Studio | $1,395 | −$550 (-28.3%) | −$130 (-8.5%) | $1,395 – $1,395 | 1 |
| 1BR | $2,035 | +$240 (+13.4%) | +$460 (+29.2%) | $1,820 – $2,173 | 7 |
| 1BR | $1,995 | +$200 (+11.1%) | +$420 (+26.7%) | $1,995 – $1,995 | 2 |
| 2BR | $3,000 | $0 (0.0%) | +$875 (+41.2%) | $3,000 – $3,000 | 1 |
| 2BR | $2,472 | −$528 (-17.6%) | +$347 (+16.3%) | $2,145 – $2,615 | 14 |
| 3BR | $3,500 | +$305 (+9.5%) | +$225 (+6.9%) | $3,500 – $3,500 | 1 |
| 3BR | $3,875 | +$680 (+21.3%) | +$600 (+18.3%) | $3,875 – $3,875 | 1 |
| 4BR | $4,650 | −$250 (-5.1%) | — | $4,650 – $4,650 | 2 |
Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — September 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,663 | $1,638 | +$25 (+1.5%) |
| Studio | $1,395 | $1,638 | −$242 (-14.8%) |
| 1BR | $2,035 | $1,950 | +$85 (+4.4%) |
| 1BR | $1,995 | $1,950 | +$45 (+2.3%) |
| 2BR | $3,000 | $2,623 | +$378 (+14.4%) |
| 2BR | $2,472 | $2,623 | −$150 (-5.7%) |
| 3BR | $3,500 | $3,470 | +$31 (+0.9%) |
| 3BR | $3,875 | $3,470 | +$406 (+11.7%) |
| 4BR | $4,650 | $4,223 | +$428 (+10.1%) |
Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in September 2021.