Monthly Rent Report

Torrance Rent Report — October 2022

Asking rents in ZIP 90504, Los Angeles, from 12 listings.

Median 1BR rent in Torrance was $1,995 in October 2022, down 0.3% (−$5) from September 2022 and down 10.3% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Torrance $101 below the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 12 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. September 2022Vs. October 2021P25–P75 RangeListings
Studio$1,650−$25 (-1.5%)+$155 (+10.4%)$1,650 – $1,6501
Studio$2,275+$600 (+35.8%)+$780 (+52.2%)$1,988 – $2,2893
1BR$1,995−$5 (-0.3%)−$230 (-10.3%)$1,995 – $1,9951
1BR$1,825−$175 (-8.8%)−$400 (-18.0%)$1,825 – $1,8251
2BR$2,550−$274 (-9.7%)+$400 (+18.6%)$2,550 – $2,5501
2BR$2,724−$100 (-3.5%)+$574 (+26.7%)$2,724 – $2,7241
3BR$3,700+$700 (+23.3%)+$363 (+10.9%)$3,700 – $3,7001
3BR$3,695+$695 (+23.2%)+$358 (+10.7%)$3,695 – $3,6951
4BR$3,850−$1,145 (-22.9%)−$2,000 (-34.2%)$3,850 – $3,8501
4BR$4,200−$795 (-15.9%)−$1,650 (-28.2%)$4,200 – $4,2001

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

Torrance vs. Los AngelesOctober 2022

BedroomsTorrance MedianLos Angeles Citywide MedianDifference
Studio$1,650$1,795−$145 (-8.1%)
Studio$2,275$1,795+$480 (+26.7%)
1BR$1,995$2,096−$101 (-4.8%)
1BR$1,825$2,096−$271 (-12.9%)
2BR$2,550$2,900−$350 (-12.1%)
2BR$2,724$2,900−$176 (-6.1%)
3BR$3,700$3,948−$247 (-6.3%)
3BR$3,695$3,948−$252 (-6.4%)
4BR$3,850$4,838−$987 (-20.4%)
4BR$4,200$4,838−$637 (-13.2%)

Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.

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