Monthly Rent Report
Torrance Rent Report — August 2021
Asking rents in ZIP 90504, Los Angeles, from 25 listings.
Median 1BR rent in Torrance was $1,773 in August 2021, down 6.1% (−$115) from July 2021 and down 4.2% year-over-year. The middle half of 1BR listings asked between $1,711 and $1,865. That puts Torrance $90 below the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 25 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,350 | — | −$10 (-0.7%) | $1,300 – $1,400 | 2 |
| Studio | $1,575 | — | +$215 (+15.8%) | $1,575 – $1,575 | 1 |
| 1BR | $1,773 | −$115 (-6.1%) | −$77 (-4.2%) | $1,711 – $1,865 | 4 |
| 1BR | $2,113 | +$225 (+11.9%) | +$263 (+14.2%) | $2,094 – $2,131 | 2 |
| 2BR | $2,050 | +$65 (+3.3%) | +$13 (+0.6%) | $1,975 – $2,175 | 4 |
| 2BR | $3,195 | +$1,210 (+61.0%) | +$1,158 (+56.8%) | $3,195 – $3,195 | 1 |
| 3BR | $3,200 | +$305 (+10.5%) | +$200 (+6.7%) | $3,200 – $3,200 | 1 |
| 3BR | $3,500 | +$605 (+20.9%) | +$500 (+16.7%) | $3,448 – $3,598 | 7 |
| 4BR | $4,400 | — | — | $4,400 – $4,400 | 1 |
| 4BR | $4,400 | — | — | $4,400 – $4,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — August 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,350 | $1,549 | −$198 (-12.8%) |
| Studio | $1,575 | $1,549 | +$27 (+1.7%) |
| 1BR | $1,773 | $1,863 | −$90 (-4.8%) |
| 1BR | $2,113 | $1,863 | +$250 (+13.4%) |
| 2BR | $2,050 | $2,680 | −$630 (-23.5%) |
| 2BR | $3,195 | $2,680 | +$515 (+19.2%) |
| 3BR | $3,200 | $3,595 | −$395 (-11.0%) |
| 3BR | $3,500 | $3,595 | −$95 (-2.6%) |
| 4BR | $4,400 | $4,350 | +$50 (+1.1%) |
| 4BR | $4,400 | $4,350 | +$50 (+1.1%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.