Monthly Rent Report
Torrance Rent Report — December 2022
Asking rents in ZIP 90504, Los Angeles, from 38 listings.
Median 1BR rent in Torrance was $1,995 in December 2022, flat versus November 2022 and up 19.6% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Torrance $98 below the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 38 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | +$100 (+6.1%) | +$200 (+12.9%) | $1,750 – $1,750 | 1 |
| Studio | $1,750 | +$100 (+6.1%) | +$200 (+12.9%) | $1,750 – $1,750 | 1 |
| 1BR | $1,995 | $0 (0.0%) | +$328 (+19.6%) | $1,995 – $1,995 | 1 |
| 1BR | $1,975 | −$20 (-1.0%) | +$308 (+18.4%) | $1,763 – $1,975 | 15 |
| 2BR | $3,000 | +$305 (+11.3%) | +$805 (+36.7%) | $3,000 – $3,000 | 1 |
| 2BR | $3,395 | +$700 (+26.0%) | +$1,200 (+54.7%) | $2,675 – $3,495 | 8 |
| 3BR | $3,950 | +$50 (+1.3%) | +$655 (+19.9%) | $3,395 – $3,995 | 5 |
| 3BR | $7,500 | +$3,600 (+92.3%) | +$4,205 (+127.6%) | $7,500 – $7,500 | 1 |
| 4BR | $4,500 | +$1,100 (+32.4%) | +$500 (+12.5%) | $4,200 – $4,500 | 4 |
| 4BR | $6,000 | +$2,600 (+76.5%) | +$2,000 (+50.0%) | $6,000 – $6,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,795 | −$45 (-2.5%) |
| Studio | $1,750 | $1,795 | −$45 (-2.5%) |
| 1BR | $1,995 | $2,093 | −$97 (-4.7%) |
| 1BR | $1,975 | $2,093 | −$117 (-5.6%) |
| 2BR | $3,000 | $2,795 | +$205 (+7.3%) |
| 2BR | $3,395 | $2,795 | +$600 (+21.5%) |
| 3BR | $3,950 | $4,145 | −$195 (-4.7%) |
| 3BR | $7,500 | $4,145 | +$3,355 (+80.9%) |
| 4BR | $4,500 | $4,998 | −$497 (-10.0%) |
| 4BR | $6,000 | $4,998 | +$1,003 (+20.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.