Monthly Rent Report
Torrance Rent Report — January 2023
Asking rents in ZIP 90504, Los Angeles, from 68 listings.
Median 1BR rent in Torrance was $1,695 in January 2023, down 15.0% (−$300) from December 2022 and down 4.5% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Torrance $430 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 68 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$100 (-5.7%) | +$185 (+12.6%) | $1,650 – $1,750 | 12 |
| Studio | $1,695 | −$55 (-3.1%) | +$230 (+15.7%) | $1,695 – $1,695 | 1 |
| 1BR | $1,695 | −$300 (-15.0%) | −$80 (-4.5%) | $1,695 – $1,695 | 1 |
| 1BR | $1,975 | −$20 (-1.0%) | +$200 (+11.3%) | $1,813 – $1,975 | 3 |
| 2BR | $2,475 | −$920 (-27.1%) | +$475 (+23.8%) | $2,475 – $2,475 | 1 |
| 2BR | $2,313 | −$1,082 (-31.9%) | +$313 (+15.6%) | $2,295 – $2,724 | 18 |
| 3BR | $3,000 | −$4,500 (-60.0%) | −$100 (-3.2%) | $2,400 – $3,048 | 3 |
| 3BR | $3,600 | −$3,900 (-52.0%) | +$500 (+16.1%) | $3,200 – $3,950 | 21 |
| 4BR | $3,450 | −$2,550 (-42.5%) | −$525 (-13.2%) | $3,275 – $3,700 | 4 |
| 4BR | $4,800 | −$1,200 (-20.0%) | +$825 (+20.8%) | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — January 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,795 | −$145 (-8.1%) |
| Studio | $1,695 | $1,795 | −$100 (-5.6%) |
| 1BR | $1,695 | $2,125 | −$430 (-20.2%) |
| 1BR | $1,975 | $2,125 | −$150 (-7.1%) |
| 2BR | $2,475 | $2,861 | −$386 (-13.5%) |
| 2BR | $2,313 | $2,861 | −$549 (-19.2%) |
| 3BR | $3,000 | $3,848 | −$847 (-22.0%) |
| 3BR | $3,600 | $3,848 | −$247 (-6.4%) |
| 4BR | $3,450 | $5,000 | −$1,549 (-31.0%) |
| 4BR | $4,800 | $5,000 | −$199 (-4.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.