Monthly Rent Report
Torrance Rent Report — November 2023
Asking rents in ZIP 90504, Los Angeles, from 124 listings.
Median 1BR rent in Torrance was $2,300 in November 2023, up 21.4% (+$405) from October 2023 and up 15.3% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,525. That puts Torrance $175 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 124 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | −$25 (-1.4%) | +$150 (+9.1%) | $1,750 – $2,275 | 13 |
| Studio | $1,800 | −$25 (-1.4%) | +$150 (+9.1%) | $1,800 – $1,800 | 1 |
| 1BR | $2,300 | +$405 (+21.4%) | +$305 (+15.3%) | $1,995 – $2,525 | 21 |
| 1BR | $2,495 | +$600 (+31.7%) | +$500 (+25.1%) | $1,823 – $2,545 | 3 |
| 2BR | $2,350 | −$200 (-7.8%) | −$345 (-12.8%) | $2,250 – $2,695 | 42 |
| 2BR | $2,560 | +$10 (+0.4%) | −$135 (-5.0%) | $2,493 – $2,628 | 2 |
| 3BR | $3,500 | −$300 (-7.9%) | −$400 (-10.3%) | $3,500 – $3,500 | 1 |
| 3BR | $3,750 | −$50 (-1.3%) | −$150 (-3.8%) | $3,500 – $4,600 | 32 |
| 4BR | $4,250 | +$750 (+21.4%) | +$850 (+25.0%) | $3,725 – $4,500 | 8 |
| 4BR | $3,800 | +$300 (+8.6%) | +$400 (+11.8%) | $3,800 – $3,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — November 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,775 | +$25 (+1.4%) |
| Studio | $1,800 | $1,775 | +$25 (+1.4%) |
| 1BR | $2,300 | $2,125 | +$175 (+8.2%) |
| 1BR | $2,495 | $2,125 | +$370 (+17.4%) |
| 2BR | $2,350 | $2,795 | −$445 (-15.9%) |
| 2BR | $2,560 | $2,795 | −$235 (-8.4%) |
| 3BR | $3,500 | $3,950 | −$450 (-11.4%) |
| 3BR | $3,750 | $3,950 | −$200 (-5.1%) |
| 4BR | $4,250 | $4,994 | −$744 (-14.9%) |
| 4BR | $3,800 | $4,994 | −$1,194 (-23.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.