Monthly Rent Report
Torrance Rent Report — January 2023
Asking rents in ZIP 90503, Los Angeles, from 124 listings.
Median 1BR rent in Torrance was $2,150 in January 2023, up 11.0% (+$213) from December 2022 and up 9.7% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,495. That puts Torrance $25 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 124 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,230 | +$468 (+26.5%) | +$430 (+23.9%) | $2,074 – $2,255 | 28 |
| Studio | $2,100 | +$338 (+19.1%) | +$300 (+16.7%) | $2,100 – $2,100 | 1 |
| 1BR | $2,150 | +$213 (+11.0%) | +$190 (+9.7%) | $1,995 – $2,495 | 25 |
| 1BR | $1,895 | −$42 (-2.2%) | −$65 (-3.3%) | $1,895 – $1,895 | 1 |
| 2BR | $2,650 | −$35 (-1.3%) | +$125 (+5.0%) | $2,545 – $2,990 | 47 |
| 2BR | $2,395 | −$290 (-10.8%) | −$130 (-5.1%) | $2,395 – $2,395 | 1 |
| 3BR | $3,950 | −$350 (-8.1%) | −$50 (-1.3%) | $3,500 – $4,500 | 17 |
| 3BR | $4,500 | +$200 (+4.7%) | +$500 (+12.5%) | $4,500 – $4,500 | 1 |
| 4BR | $6,000 | +$800 (+15.4%) | +$1,200 (+25.0%) | $6,000 – $6,000 | 1 |
| 4BR | $4,999 | −$201 (-3.9%) | +$199 (+4.1%) | $4,999 – $4,999 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — January 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,230 | $1,795 | +$435 (+24.2%) |
| Studio | $2,100 | $1,795 | +$305 (+17.0%) |
| 1BR | $2,150 | $2,125 | +$25 (+1.2%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 2BR | $2,650 | $2,861 | −$211 (-7.4%) |
| 2BR | $2,395 | $2,861 | −$466 (-16.3%) |
| 3BR | $3,950 | $3,848 | +$103 (+2.7%) |
| 3BR | $4,500 | $3,848 | +$653 (+17.0%) |
| 4BR | $6,000 | $5,000 | +$1,001 (+20.0%) |
| 4BR | $4,999 | $5,000 | $0 (-0.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.