Monthly Rent Report
Torrance Rent Report — June 2022
Asking rents in ZIP 90503, Los Angeles, from 27 listings.
Median 1BR rent in Torrance was $2,400 in June 2022, up 37.1% (+$650) from May 2022 and up 33.7% year-over-year. The middle half of 1BR listings asked between $2,400 and $2,400. That puts Torrance $405 above the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 27 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,399 | +$944 (+64.9%) | +$659 (+37.9%) | $2,258 – $2,399 | 11 |
| Studio | $2,173 | +$718 (+49.3%) | +$433 (+24.9%) | $2,162 – $2,185 | 2 |
| 1BR | $2,400 | +$650 (+37.1%) | +$605 (+33.7%) | $2,400 – $2,400 | 1 |
| 2BR | $3,130 | +$1,035 (+49.4%) | +$1,080 (+52.7%) | $3,130 – $3,130 | 1 |
| 3BR | $4,800 | +$1,200 (+33.3%) | +$1,603 (+50.1%) | $4,800 – $4,800 | 1 |
| 3BR | $4,098 | +$498 (+13.8%) | +$900 (+28.1%) | $3,994 – $4,271 | 4 |
| 4BR | $4,800 | +$300 (+6.7%) | +$100 (+2.1%) | $4,800 – $4,800 | 1 |
| 4BR | $5,150 | +$650 (+14.4%) | +$450 (+9.6%) | $5,000 – $5,300 | 6 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — June 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,399 | $1,600 | +$799 (+49.9%) |
| Studio | $2,173 | $1,600 | +$573 (+35.8%) |
| 1BR | $2,400 | $1,996 | +$405 (+20.3%) |
| 2BR | $3,130 | $2,800 | +$330 (+11.8%) |
| 3BR | $4,800 | $4,150 | +$650 (+15.7%) |
| 3BR | $4,098 | $4,150 | −$52 (-1.3%) |
| 4BR | $4,800 | $5,150 | −$350 (-6.8%) |
| 4BR | $5,150 | $5,150 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.