Monthly Rent Report

Torrance Rent Report — September 2022

Asking rents in ZIP 90503, Los Angeles, from 99 listings.

Median 1BR rent in Torrance was $2,575 in September 2022, up 29.1% (+$580) from August 2022 and up 29.1% year-over-year. The middle half of 1BR listings asked between $2,238 and $2,639. That puts Torrance $480 above the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 99 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2022Vs. September 2021P25–P75 RangeListings
Studio$2,115+$660 (+45.4%)+$453 (+27.2%)$2,026 – $2,23416
Studio$2,115+$660 (+45.4%)+$453 (+27.2%)$2,026 – $2,23416
1BR$2,575+$580 (+29.1%)+$580 (+29.1%)$2,238 – $2,63934
1BR$1,995$0 (0.0%)$0 (0.0%)$1,995 – $1,9952
2BR$2,795+$195 (+7.5%)+$323 (+13.1%)$2,795 – $2,7951
2BR$2,650+$50 (+1.9%)+$178 (+7.2%)$2,523 – $2,8233
3BR$5,200+$1,205 (+30.2%)+$1,325 (+34.2%)$5,200 – $5,2001
3BR$4,195+$200 (+5.0%)+$320 (+8.3%)$3,996 – $4,50022
4BR$4,500−$2,000 (-30.8%)−$150 (-3.2%)$4,500 – $4,7483
4BR$4,500−$2,000 (-30.8%)−$150 (-3.2%)$4,500 – $4,5001

Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.

Torrance vs. Los AngelesSeptember 2022

BedroomsTorrance MedianLos Angeles Citywide MedianDifference
Studio$2,115$1,695+$420 (+24.8%)
Studio$2,115$1,695+$420 (+24.8%)
1BR$2,575$2,096+$480 (+22.9%)
1BR$1,995$2,096−$100 (-4.8%)
2BR$2,795$2,882−$86 (-3.0%)
2BR$2,650$2,882−$231 (-8.0%)
3BR$5,200$3,900+$1,300 (+33.3%)
3BR$4,195$3,900+$295 (+7.6%)
4BR$4,500$4,925−$425 (-8.6%)
4BR$4,500$4,925−$425 (-8.6%)

Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in September 2022.

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