Monthly Rent Report
Torrance Rent Report — December 2022
Asking rents in ZIP 90503, Los Angeles, from 76 listings.
Median 1BR rent in Torrance was $2,100 in December 2022, up 10.8% (+$205) from November 2022 and up 16.7% year-over-year. The middle half of 1BR listings asked between $1,984 and $3,110. That puts Torrance in line with the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 76 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,230 | +$165 (+8.0%) | +$720 (+47.7%) | $2,200 – $2,271 | 18 |
| Studio | $1,763 | −$302 (-14.6%) | +$253 (+16.7%) | $1,544 – $1,981 | 2 |
| 1BR | $2,100 | +$205 (+10.8%) | +$300 (+16.7%) | $1,984 – $3,110 | 12 |
| 1BR | $1,938 | +$43 (+2.2%) | +$138 (+7.6%) | $1,906 – $1,969 | 2 |
| 2BR | $2,685 | −$515 (-16.1%) | +$563 (+26.5%) | $2,619 – $3,001 | 10 |
| 2BR | $3,200 | $0 (0.0%) | +$1,078 (+50.8%) | $3,200 – $3,200 | 1 |
| 3BR | $4,200 | +$900 (+27.3%) | +$1,605 (+61.8%) | $3,900 – $4,500 | 21 |
| 3BR | $4,300 | +$1,000 (+30.3%) | +$1,705 (+65.7%) | $4,048 – $4,400 | 3 |
| 4BR | $4,650 | +$50 (+1.1%) | +$200 (+4.5%) | $4,575 – $4,725 | 2 |
| 4BR | $5,200 | +$600 (+13.0%) | +$750 (+16.9%) | $5,200 – $6,000 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,230 | $1,795 | +$435 (+24.2%) |
| Studio | $1,763 | $1,795 | −$32 (-1.8%) |
| 1BR | $2,100 | $2,093 | +$8 (+0.4%) |
| 1BR | $1,938 | $2,093 | −$155 (-7.4%) |
| 2BR | $2,685 | $2,795 | −$110 (-3.9%) |
| 2BR | $3,200 | $2,795 | +$405 (+14.5%) |
| 3BR | $4,200 | $4,145 | +$55 (+1.3%) |
| 3BR | $4,300 | $4,145 | +$155 (+3.7%) |
| 4BR | $4,650 | $4,998 | −$347 (-7.0%) |
| 4BR | $5,200 | $4,998 | +$203 (+4.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.