Monthly Rent Report
Torrance Rent Report — December 2021
Asking rents in ZIP 90503, Los Angeles, from 11 listings.
Median 1BR rent in Torrance was $1,800 in December 2021, up 6.7% (+$113) from November 2021 and down 9.8% year-over-year. The middle half of 1BR listings asked between $1,775 and $1,825. That puts Torrance $173 below the Los Angeles citywide 1BR median of $1,973. The month's figures are based on 11 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,510 | +$115 (+8.2%) | −$75 (-4.7%) | $1,250 – $1,780 | 4 |
| 1BR | $1,800 | +$113 (+6.7%) | −$195 (-9.8%) | $1,775 – $1,825 | 2 |
| 2BR | $2,123 | −$552 (-20.7%) | −$672 (-24.1%) | $2,109 – $2,136 | 2 |
| 3BR | $2,595 | −$1,105 (-29.9%) | −$755 (-22.5%) | $2,595 – $2,595 | 1 |
| 4BR | $4,450 | −$1,408 (-24.0%) | +$500 (+12.7%) | $4,325 – $4,575 | 2 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,510 | $1,550 | −$40 (-2.6%) |
| 1BR | $1,800 | $1,973 | −$173 (-8.8%) |
| 2BR | $2,123 | $2,500 | −$377 (-15.1%) |
| 3BR | $2,595 | $3,650 | −$1,055 (-28.9%) |
| 4BR | $4,450 | $4,161 | +$289 (+6.9%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in December 2021.