Monthly Rent Report
Torrance Rent Report — October 2022
Asking rents in ZIP 90503, Los Angeles, from 29 listings.
Median 1BR rent in Torrance was $1,950 in October 2022, down 2.3% (−$45) from September 2022 and down 1.3% year-over-year. The middle half of 1BR listings asked between $1,950 and $1,993. That puts Torrance $146 below the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 29 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | −$490 (-23.2%) | +$130 (+8.7%) | $1,625 – $1,625 | 1 |
| Studio | $2,025 | −$90 (-4.3%) | +$530 (+35.5%) | $2,000 – $2,210 | 5 |
| 1BR | $1,950 | −$45 (-2.3%) | −$25 (-1.3%) | $1,950 – $1,993 | 3 |
| 1BR | $1,895 | −$100 (-5.0%) | −$80 (-4.1%) | $1,895 – $1,895 | 1 |
| 2BR | $3,100 | +$305 (+10.9%) | +$1,205 (+63.6%) | $3,100 – $3,100 | 1 |
| 2BR | $2,675 | −$120 (-4.3%) | +$780 (+41.2%) | $2,559 – $2,675 | 8 |
| 3BR | $4,200 | −$1,000 (-19.2%) | +$1,605 (+61.8%) | $4,200 – $4,200 | 1 |
| 3BR | $4,348 | −$852 (-16.4%) | +$1,753 (+67.5%) | $4,271 – $4,424 | 2 |
| 4BR | $4,950 | +$450 (+10.0%) | +$655 (+15.3%) | $4,950 – $4,950 | 1 |
| 4BR | $4,600 | +$100 (+2.2%) | +$305 (+7.1%) | $3,850 – $4,950 | 5 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — October 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $1,795 | −$170 (-9.5%) |
| Studio | $2,025 | $1,795 | +$230 (+12.8%) |
| 1BR | $1,950 | $2,096 | −$146 (-7.0%) |
| 1BR | $1,895 | $2,096 | −$201 (-9.6%) |
| 2BR | $3,100 | $2,900 | +$200 (+6.9%) |
| 2BR | $2,675 | $2,900 | −$225 (-7.8%) |
| 3BR | $4,200 | $3,948 | +$253 (+6.4%) |
| 3BR | $4,348 | $3,948 | +$400 (+10.1%) |
| 4BR | $4,950 | $4,838 | +$113 (+2.3%) |
| 4BR | $4,600 | $4,838 | −$237 (-4.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.