Monthly Rent Report
Torrance Rent Report — November 2022
Asking rents in ZIP 90503, Los Angeles, from 47 listings.
Median 1BR rent in Torrance was $1,895 in November 2022, flat versus October 2022 and up 12.3% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,895. That puts Torrance $171 below the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 47 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,065 | +$440 (+27.1%) | +$670 (+48.0%) | $1,995 – $2,275 | 24 |
| Studio | $1,650 | +$25 (+1.5%) | +$255 (+18.3%) | $1,650 – $1,650 | 1 |
| 1BR | $1,895 | $0 (0.0%) | +$208 (+12.3%) | $1,895 – $1,895 | 1 |
| 1BR | $1,995 | +$100 (+5.3%) | +$308 (+18.2%) | $1,995 – $1,995 | 2 |
| 2BR | $3,200 | +$525 (+19.6%) | +$525 (+19.6%) | $3,200 – $3,200 | 1 |
| 2BR | $3,500 | +$825 (+30.8%) | +$825 (+30.8%) | $3,500 – $3,500 | 1 |
| 3BR | $3,300 | −$1,047 (-24.1%) | −$400 (-10.8%) | $3,300 – $3,300 | 1 |
| 3BR | $3,600 | −$747 (-17.2%) | −$100 (-2.7%) | $3,600 – $3,600 | 1 |
| 4BR | $4,600 | −$350 (-7.1%) | −$1,258 (-21.5%) | $4,500 – $4,800 | 13 |
| 4BR | $4,550 | −$400 (-8.1%) | −$1,308 (-22.3%) | $4,525 – $4,575 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — November 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,065 | $1,695 | +$370 (+21.8%) |
| Studio | $1,650 | $1,695 | −$45 (-2.7%) |
| 1BR | $1,895 | $2,066 | −$171 (-8.3%) |
| 1BR | $1,995 | $2,066 | −$71 (-3.4%) |
| 2BR | $3,200 | $2,873 | +$328 (+11.4%) |
| 2BR | $3,500 | $2,873 | +$628 (+21.8%) |
| 3BR | $3,300 | $3,700 | −$400 (-10.8%) |
| 3BR | $3,600 | $3,700 | −$100 (-2.7%) |
| 4BR | $4,600 | $5,000 | −$400 (-8.0%) |
| 4BR | $4,550 | $5,000 | −$450 (-9.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.