Monthly Rent Report

Torrance Rent Report — August 2022

Asking rents in ZIP 90504, Los Angeles, from 38 listings.

Median 1BR rent in Torrance was $2,300 in August 2022, up 21.4% (+$405) from July 2022 and up 8.9% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,300. That puts Torrance $205 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 38 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2022Vs. August 2021P25–P75 RangeListings
Studio$1,650−$50 (-2.9%)+$300 (+22.2%)$1,650 – $1,6501
Studio$1,650−$50 (-2.9%)+$300 (+22.2%)$1,650 – $1,6502
1BR$2,300+$405 (+21.4%)+$188 (+8.9%)$2,250 – $2,3003
1BR$2,300+$405 (+21.4%)+$188 (+8.9%)$2,300 – $2,3002
2BR$2,998−$152 (-4.8%)−$197 (-6.2%)$2,596 – $3,3992
2BR$2,824−$326 (-10.3%)−$371 (-11.6%)$2,724 – $2,82418
3BR$4,100+$400 (+10.8%)+$900 (+28.1%)$4,100 – $4,1001
3BR$2,800−$900 (-24.3%)−$400 (-12.5%)$2,800 – $3,2503
4BR$5,495+$1,095 (+24.9%)$5,495 – $5,4955
4BR$2,000−$2,400 (-54.5%)$2,000 – $2,0001

Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.

Torrance vs. Los AngelesAugust 2022

BedroomsTorrance MedianLos Angeles Citywide MedianDifference
Studio$1,650$1,773−$122 (-6.9%)
Studio$1,650$1,773−$122 (-6.9%)
1BR$2,300$2,095+$205 (+9.8%)
1BR$2,300$2,095+$205 (+9.8%)
2BR$2,998$2,880+$118 (+4.1%)
2BR$2,824$2,880−$56 (-1.9%)
3BR$4,100$3,795+$305 (+8.0%)
3BR$2,800$3,795−$995 (-26.2%)
4BR$5,495$5,200+$295 (+5.7%)
4BR$2,000$5,200−$3,200 (-61.5%)

Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.

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