Monthly Rent Report
Torrance Rent Report — May 2022
Asking rents in ZIP 90504, Los Angeles, from 11 listings.
Median 1BR rent in Torrance was $1,698 in May 2022, down 1.6% (−$27) from April 2022 and down 8.2% year-over-year. The middle half of 1BR listings asked between $1,609 and $1,700. That puts Torrance $253 below the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 11 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | $0 (0.0%) | −$200 (-11.4%) | $1,550 – $1,550 | 2 |
| 1BR | $1,698 | −$27 (-1.6%) | −$152 (-8.2%) | $1,609 – $1,700 | 4 |
| 1BR | $1,700 | −$25 (-1.4%) | −$150 (-8.1%) | $1,700 – $1,700 | 1 |
| 2BR | $2,575 | +$225 (+9.6%) | +$325 (+14.4%) | $2,575 – $2,575 | 1 |
| 2BR | $2,875 | +$525 (+22.3%) | +$625 (+27.8%) | $2,875 – $2,875 | 1 |
| 3BR | $2,650 | −$1,450 (-35.4%) | −$487 (-15.5%) | $2,650 – $2,650 | 1 |
| 4BR | $4,395 | +$95 (+2.2%) | −$355 (-7.5%) | $4,395 – $4,395 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — May 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,620 | −$70 (-4.3%) |
| 1BR | $1,698 | $1,950 | −$252 (-12.9%) |
| 1BR | $1,700 | $1,950 | −$250 (-12.8%) |
| 2BR | $2,575 | $2,800 | −$225 (-8.0%) |
| 2BR | $2,875 | $2,800 | +$75 (+2.7%) |
| 3BR | $2,650 | $3,995 | −$1,345 (-33.7%) |
| 4BR | $4,395 | $5,100 | −$705 (-13.8%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.