Monthly Rent Report
Torrance Rent Report — July 2022
Asking rents in ZIP 90503, Los Angeles, from 56 listings.
Median 1BR rent in Torrance was $1,920 in July 2022, down 20.0% (−$480) from June 2022 and up 1.1% year-over-year. The middle half of 1BR listings asked between $1,908 and $1,933. That puts Torrance $180 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 56 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,875 | −$298 (-13.7%) | −$5 (-0.3%) | $1,875 – $1,875 | 1 |
| Studio | $2,198 | +$25 (+1.2%) | +$318 (+16.9%) | $2,197 – $2,289 | 7 |
| 1BR | $1,920 | −$480 (-20.0%) | +$20 (+1.1%) | $1,908 – $1,933 | 2 |
| 1BR | $2,375 | −$25 (-1.0%) | +$475 (+25.0%) | $1,835 – $2,375 | 11 |
| 2BR | $2,675 | −$455 (-14.5%) | +$425 (+18.9%) | $2,425 – $2,750 | 9 |
| 2BR | $2,100 | −$1,030 (-32.9%) | −$150 (-6.7%) | $2,100 – $2,100 | 1 |
| 3BR | $4,325 | +$228 (+5.6%) | +$1,025 (+31.1%) | $4,163 – $4,488 | 2 |
| 3BR | $4,500 | +$403 (+9.8%) | +$1,200 (+36.4%) | $4,220 – $4,613 | 18 |
| 4BR | $6,600 | +$1,450 (+28.2%) | — | $6,000 – $6,700 | 4 |
| 4BR | $5,500 | +$350 (+6.8%) | — | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,875 | $1,695 | +$180 (+10.6%) |
| Studio | $2,198 | $1,695 | +$503 (+29.7%) |
| 1BR | $1,920 | $2,100 | −$180 (-8.6%) |
| 1BR | $2,375 | $2,100 | +$275 (+13.1%) |
| 2BR | $2,675 | $2,995 | −$320 (-10.7%) |
| 2BR | $2,100 | $2,995 | −$895 (-29.9%) |
| 3BR | $4,325 | $3,900 | +$425 (+10.9%) |
| 3BR | $4,500 | $3,900 | +$600 (+15.4%) |
| 4BR | $6,600 | $5,273 | +$1,328 (+25.2%) |
| 4BR | $5,500 | $5,273 | +$228 (+4.3%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.