Monthly Rent Report
Torrance Rent Report — October 2021
Asking rents in ZIP 90503, Los Angeles, from 11 listings.
Median 1BR rent in Torrance was $1,975 in October 2021, down 1.0% (−$20) from September 2021 and up 16.5% year-over-year. The middle half of 1BR listings asked between $1,975 and $1,975. That puts Torrance $207 above the Los Angeles citywide 1BR median of $1,768. The month's figures are based on 11 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2021 | Vs. October 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$167 (-10.1%) | — | $1,495 – $1,495 | 1 |
| 1BR | $1,975 | −$20 (-1.0%) | +$280 (+16.5%) | $1,975 – $1,975 | 1 |
| 2BR | $1,895 | −$577 (-23.3%) | −$92 (-4.7%) | $1,895 – $1,895 | 2 |
| 3BR | $2,595 | −$905 (-25.9%) | −$1,155 (-30.8%) | $2,595 – $2,595 | 5 |
| 4BR | $4,295 | −$355 (-7.6%) | — | $4,295 – $4,295 | 2 |
Median, P25, and P75 are asking rents from listings posted in October 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — October 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,546 | −$51 (-3.3%) |
| 1BR | $1,975 | $1,768 | +$207 (+11.7%) |
| 2BR | $1,895 | $2,500 | −$604 (-24.2%) |
| 3BR | $2,595 | $3,500 | −$905 (-25.9%) |
| 4BR | $4,295 | $4,350 | −$55 (-1.3%) |
Citywide figure is the median of zip-level medians across 122 Los Angeles zip codes with listings in October 2021.