Monthly Rent Report
Torrance Rent Report — July 2022
Asking rents in ZIP 90504, Los Angeles, from 20 listings.
Median 1BR rent in Torrance was $2,275 in July 2022, up 13.8% (+$275) from June 2022 and up 9.6% year-over-year. The middle half of 1BR listings asked between $2,275 and $2,275. That puts Torrance $175 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 20 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | +$101 (+6.5%) | — | $1,650 – $1,675 | 3 |
| Studio | $1,700 | +$151 (+9.7%) | — | $1,700 – $1,700 | 1 |
| 1BR | $2,275 | +$275 (+13.8%) | +$200 (+9.6%) | $2,275 – $2,275 | 1 |
| 1BR | $1,895 | −$105 (-5.3%) | −$180 (-8.7%) | $1,895 – $1,895 | 1 |
| 2BR | $3,150 | +$850 (+37.0%) | +$650 (+26.0%) | $2,987 – $3,175 | 7 |
| 2BR | $3,150 | +$850 (+37.0%) | +$650 (+26.0%) | $3,150 – $3,150 | 1 |
| 3BR | $3,700 | $0 (0.0%) | −$50 (-1.3%) | $3,700 – $3,700 | 1 |
| 3BR | $3,900 | +$200 (+5.4%) | +$150 (+4.0%) | $3,700 – $4,000 | 5 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,695 | −$45 (-2.7%) |
| Studio | $1,700 | $1,695 | +$5 (+0.3%) |
| 1BR | $2,275 | $2,100 | +$175 (+8.3%) |
| 1BR | $1,895 | $2,100 | −$205 (-9.8%) |
| 2BR | $3,150 | $2,995 | +$155 (+5.2%) |
| 2BR | $3,150 | $2,995 | +$155 (+5.2%) |
| 3BR | $3,700 | $3,900 | −$200 (-5.1%) |
| 3BR | $3,900 | $3,900 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.