Monthly Rent Report
Torrance Rent Report — May 2022
Asking rents in ZIP 90503, Los Angeles, from 8 listings.
Median 1BR rent in Torrance was $1,750 in May 2022, down 40.7% (−$1,200) from April 2022 and down 2.5% year-over-year. The middle half of 1BR listings asked between $1,750 and $1,750. That puts Torrance $200 below the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 8 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,455 | −$140 (-8.8%) | +$5 (+0.3%) | $1,455 – $1,455 | 2 |
| 1BR | $1,750 | −$1,200 (-40.7%) | −$45 (-2.5%) | $1,750 – $1,750 | 1 |
| 2BR | $2,095 | +$48 (+2.3%) | −$255 (-10.9%) | $2,095 – $2,095 | 1 |
| 3BR | $3,600 | −$200 (-5.3%) | +$405 (+12.7%) | $3,600 – $3,600 | 1 |
| 3BR | $4,300 | +$500 (+13.2%) | +$1,105 (+34.6%) | $4,300 – $4,300 | 1 |
| 4BR | $4,500 | −$300 (-6.3%) | +$700 (+18.4%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — May 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,455 | $1,620 | −$165 (-10.2%) |
| 1BR | $1,750 | $1,950 | −$200 (-10.3%) |
| 2BR | $2,095 | $2,800 | −$705 (-25.2%) |
| 3BR | $3,600 | $3,995 | −$395 (-9.9%) |
| 3BR | $4,300 | $3,995 | +$305 (+7.6%) |
| 4BR | $4,500 | $5,100 | −$600 (-11.8%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.