Monthly Rent Report
Torrance Rent Report — February 2023
Asking rents in ZIP 90504, Los Angeles, from 70 listings.
Median 1BR rent in Torrance was $2,250 in February 2023, up 13.9% (+$275) from January 2023 and up 36.4% year-over-year. The middle half of 1BR listings asked between $2,250 and $2,250. That puts Torrance $125 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 70 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,295 | −$400 (-23.6%) | −$215 (-14.2%) | $1,295 – $1,295 | 1 |
| Studio | $1,575 | −$120 (-7.1%) | +$65 (+4.3%) | $1,575 – $1,750 | 5 |
| 1BR | $2,250 | +$275 (+13.9%) | +$600 (+36.4%) | $2,250 – $2,250 | 1 |
| 1BR | $1,850 | −$125 (-6.3%) | +$200 (+12.1%) | $1,775 – $2,500 | 11 |
| 2BR | $2,613 | +$138 (+5.6%) | +$618 (+31.0%) | $2,281 – $2,718 | 14 |
| 2BR | $4,000 | +$1,525 (+61.6%) | +$2,005 (+100.5%) | $4,000 – $4,000 | 1 |
| 3BR | $3,995 | +$395 (+11.0%) | +$1,195 (+42.7%) | $3,895 – $4,250 | 19 |
| 3BR | $3,995 | +$395 (+11.0%) | +$1,195 (+42.7%) | $3,950 – $4,290 | 5 |
| 4BR | $4,350 | +$900 (+26.1%) | +$1,150 (+35.9%) | $3,650 – $4,800 | 10 |
| 4BR | $4,800 | +$1,350 (+39.1%) | +$1,600 (+50.0%) | $4,350 – $4,800 | 3 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — February 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,295 | $1,795 | −$500 (-27.9%) |
| Studio | $1,575 | $1,795 | −$220 (-12.3%) |
| 1BR | $2,250 | $2,125 | +$125 (+5.9%) |
| 1BR | $1,850 | $2,125 | −$275 (-12.9%) |
| 2BR | $2,613 | $2,773 | −$160 (-5.8%) |
| 2BR | $4,000 | $2,773 | +$1,227 (+44.2%) |
| 3BR | $3,995 | $3,850 | +$145 (+3.8%) |
| 3BR | $3,995 | $3,850 | +$145 (+3.8%) |
| 4BR | $4,350 | $4,695 | −$345 (-7.4%) |
| 4BR | $4,800 | $4,695 | +$105 (+2.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.