Monthly Rent Report
Torrance Rent Report — April 2022
Asking rents in ZIP 90503, Los Angeles, from 8 listings.
Median 1BR rent in Torrance was $1,600 in April 2022, down 22.0% (−$450) from March 2022 and down 10.1% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Torrance $438 below the Los Angeles citywide 1BR median of $2,038. The month's figures are based on 8 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | +$100 (+6.7%) | −$22 (-1.4%) | $1,595 – $1,595 | 1 |
| 1BR | $1,600 | −$450 (-22.0%) | −$180 (-10.1%) | $1,600 – $1,600 | 1 |
| 1BR | $2,950 | +$900 (+43.9%) | +$1,170 (+65.7%) | $2,950 – $2,950 | 1 |
| 2BR | $2,048 | −$952 (-31.8%) | +$28 (+1.4%) | $2,021 – $2,074 | 2 |
| 3BR | $3,800 | +$300 (+8.6%) | +$400 (+11.8%) | $3,800 – $3,800 | 1 |
| 4BR | $4,800 | +$200 (+4.3%) | +$1,300 (+37.1%) | $4,800 – $4,800 | 2 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — April 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,575 | +$20 (+1.3%) |
| 1BR | $1,600 | $2,038 | −$438 (-21.5%) |
| 1BR | $2,950 | $2,038 | +$912 (+44.7%) |
| 2BR | $2,048 | $2,795 | −$747 (-26.7%) |
| 3BR | $3,800 | $3,850 | −$50 (-1.3%) |
| 4BR | $4,800 | $4,998 | −$197 (-4.0%) |
Citywide figure is the median of zip-level medians across 127 Los Angeles zip codes with listings in April 2022.