Monthly Rent Report
Torrance Rent Report — March 2022
Asking rents in ZIP 90504, Los Angeles, from 5 listings.
Median 1BR rent in Torrance was $1,845 in March 2022, down 15.2% (−$330) from February 2022 and up 8.5% year-over-year. The middle half of 1BR listings asked between $1,845 and $1,845. That puts Torrance $55 below the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 5 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$15 (-1.0%) | −$180 (-10.7%) | $1,495 – $1,495 | 1 |
| 1BR | $1,845 | −$330 (-15.2%) | +$145 (+8.5%) | $1,845 – $1,845 | 1 |
| 2BR | $2,275 | +$280 (+14.0%) | +$201 (+9.7%) | $2,275 – $2,275 | 1 |
| 3BR | $3,300 | +$500 (+17.9%) | +$205 (+6.6%) | $3,300 – $3,300 | 1 |
| 4BR | $3,900 | +$700 (+21.9%) | — | $3,900 – $3,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — March 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,600 | −$105 (-6.6%) |
| 1BR | $1,845 | $1,900 | −$55 (-2.9%) |
| 2BR | $2,275 | $2,775 | −$500 (-18.0%) |
| 3BR | $3,300 | $3,700 | −$400 (-10.8%) |
| 4BR | $3,900 | $4,500 | −$600 (-13.3%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.