Monthly Rent Report
Torrance Rent Report — July 2021
Asking rents in ZIP 90504, Los Angeles, from 12 listings.
Median 1BR rent in Torrance was $1,888 in July 2021, down 1.3% (−$25) from June 2021 and up 8.3% year-over-year. The middle half of 1BR listings asked between $1,794 and $1,981. That puts Torrance $43 above the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 12 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| 1BR | $1,888 | −$25 (-1.3%) | +$145 (+8.3%) | $1,794 – $1,981 | 2 |
| 1BR | $2,075 | +$163 (+8.5%) | +$333 (+19.1%) | $2,075 – $2,075 | 1 |
| 2BR | $2,500 | +$338 (+15.6%) | +$50 (+2.0%) | $2,500 – $2,500 | 1 |
| 2BR | $1,985 | −$177 (-8.2%) | −$465 (-19.0%) | $1,940 – $2,030 | 2 |
| 3BR | $3,750 | +$1,055 (+39.1%) | −$250 (-6.3%) | $3,750 – $3,750 | 1 |
| 3BR | $2,895 | +$200 (+7.4%) | −$1,105 (-27.6%) | $2,695 – $3,700 | 5 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| 1BR | $1,888 | $1,845 | +$43 (+2.3%) |
| 1BR | $2,075 | $1,845 | +$230 (+12.5%) |
| 2BR | $2,500 | $2,529 | −$28 (-1.1%) |
| 2BR | $1,985 | $2,529 | −$543 (-21.5%) |
| 3BR | $3,750 | $3,338 | +$413 (+12.4%) |
| 3BR | $2,895 | $3,338 | −$442 (-13.3%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.