Monthly Rent Report
Torrance Rent Report — August 2022
Asking rents in ZIP 90503, Los Angeles, from 101 listings.
Median 1BR rent in Torrance was $1,995 in August 2022, up 3.9% (+$75) from July 2022 and down 0.3% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Torrance $100 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 101 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,175 | +$300 (+16.0%) | +$230 (+11.8%) | $2,128 – $2,275 | 27 |
| Studio | $1,455 | −$420 (-22.4%) | −$490 (-25.2%) | $1,455 – $1,455 | 2 |
| 1BR | $1,995 | +$75 (+3.9%) | −$5 (-0.3%) | $1,995 – $1,995 | 3 |
| 1BR | $2,600 | +$680 (+35.4%) | +$600 (+30.0%) | $2,045 – $2,628 | 19 |
| 2BR | $2,600 | −$75 (-2.8%) | +$315 (+13.8%) | $2,484 – $2,875 | 32 |
| 2BR | $2,295 | −$380 (-14.2%) | +$10 (+0.4%) | $2,295 – $2,295 | 1 |
| 3BR | $3,995 | −$505 (-11.2%) | +$995 (+33.2%) | $3,995 – $3,995 | 1 |
| 3BR | $3,950 | −$550 (-12.2%) | +$950 (+31.7%) | $3,650 – $4,100 | 13 |
| 4BR | $6,500 | +$1,000 (+18.2%) | +$1,650 (+34.0%) | $6,500 – $6,500 | 1 |
| 4BR | $6,500 | +$1,000 (+18.2%) | +$1,650 (+34.0%) | $6,500 – $6,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — August 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,175 | $1,773 | +$403 (+22.7%) |
| Studio | $1,455 | $1,773 | −$317 (-17.9%) |
| 1BR | $1,995 | $2,095 | −$100 (-4.8%) |
| 1BR | $2,600 | $2,095 | +$505 (+24.1%) |
| 2BR | $2,600 | $2,880 | −$280 (-9.7%) |
| 2BR | $2,295 | $2,880 | −$585 (-20.3%) |
| 3BR | $3,995 | $3,795 | +$200 (+5.3%) |
| 3BR | $3,950 | $3,795 | +$155 (+4.1%) |
| 4BR | $6,500 | $5,200 | +$1,300 (+25.0%) |
| 4BR | $6,500 | $5,200 | +$1,300 (+25.0%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.