Monthly Rent Report

Torrance Rent Report — March 2022

Asking rents in ZIP 90503, Los Angeles, from 9 listings.

Median 1BR rent in Torrance was $2,050 in March 2022, up 2.8% (+$55) from February 2022 and up 12.5% year-over-year. The middle half of 1BR listings asked between $1,950 and $2,050. That puts Torrance $150 above the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 9 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2022Vs. March 2021P25–P75 RangeListings
Studio$1,495−$355 (-19.2%)−$115 (-7.1%)$1,495 – $1,4951
1BR$2,050+$55 (+2.8%)+$228 (+12.5%)$1,950 – $2,0503
2BR$3,000+$300 (+11.1%)+$750 (+33.3%)$3,000 – $3,0001
3BR$3,500−$600 (-14.6%)+$250 (+7.7%)$3,350 – $3,6502
4BR$4,600−$250 (-5.2%)$4,600 – $4,6001

Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.

Torrance vs. Los AngelesMarch 2022

BedroomsTorrance MedianLos Angeles Citywide MedianDifference
Studio$1,495$1,600−$105 (-6.6%)
1BR$2,050$1,900+$150 (+7.9%)
2BR$3,000$2,775+$225 (+8.1%)
3BR$3,500$3,700−$200 (-5.4%)
4BR$4,600$4,500+$100 (+2.2%)

Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.

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