Monthly Rent Report
Torrance Rent Report — December 2024
Asking rents in ZIP 90503, Los Angeles, from 53 listings.
Median 1BR rent in Torrance was $2,060 in December 2024, down 4.2% (−$90) from November 2024 and down 17.4% year-over-year. The middle half of 1BR listings asked between $2,018 and $2,103. That puts Torrance in line with the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 53 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,555 | −$140 (-8.3%) | −$292 (-15.8%) | $1,555 – $2,352 | 3 |
| Studio | $1,555 | −$140 (-8.3%) | −$292 (-15.8%) | $1,555 – $1,555 | 1 |
| 1BR | $2,060 | −$90 (-4.2%) | −$435 (-17.4%) | $2,018 – $2,103 | 2 |
| 1BR | $1,975 | −$175 (-8.1%) | −$520 (-20.8%) | $1,895 – $2,071 | 10 |
| 2BR | $2,925 | +$375 (+14.7%) | +$303 (+11.5%) | $2,638 – $3,213 | 2 |
| 2BR | $2,500 | −$50 (-2.0%) | −$122 (-4.7%) | $2,450 – $2,813 | 16 |
| 3BR | $4,800 | +$1,325 (+38.1%) | +$1,650 (+52.4%) | $4,800 – $4,800 | 1 |
| 3BR | $4,500 | +$1,025 (+29.5%) | +$1,350 (+42.9%) | $4,150 – $4,800 | 7 |
| 4BR | $5,499 | −$1,448 (-20.8%) | +$704 (+14.7%) | $5,499 – $5,499 | 1 |
| 4BR | $5,800 | −$1,147 (-16.5%) | +$1,005 (+21.0%) | $5,499 – $5,800 | 5 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,555 | $1,725 | −$170 (-9.9%) |
| Studio | $1,555 | $1,725 | −$170 (-9.9%) |
| 1BR | $2,060 | $2,068 | −$7 (-0.4%) |
| 1BR | $1,975 | $2,068 | −$92 (-4.5%) |
| 2BR | $2,925 | $2,750 | +$175 (+6.4%) |
| 2BR | $2,500 | $2,750 | −$250 (-9.1%) |
| 3BR | $4,800 | $3,995 | +$805 (+20.2%) |
| 3BR | $4,500 | $3,995 | +$505 (+12.6%) |
| 4BR | $5,499 | $4,900 | +$599 (+12.2%) |
| 4BR | $5,800 | $4,900 | +$900 (+18.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.