Monthly Rent Report
Torrance Rent Report — January 2024
Asking rents in ZIP 90504, Los Angeles, from 71 listings.
Median 1BR rent in Torrance was $2,008 in January 2024, up 74.6% (+$858) from December 2023 and up 1.6% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,400. That puts Torrance $89 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 71 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2023 | Vs. January 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,825 | +$25 (+1.4%) | +$130 (+7.7%) | $1,825 – $1,825 | 1 |
| Studio | $1,600 | −$200 (-11.1%) | −$95 (-5.6%) | $1,600 – $1,795 | 11 |
| 1BR | $2,008 | +$858 (+74.6%) | +$33 (+1.6%) | $1,850 – $2,400 | 10 |
| 1BR | $2,008 | +$858 (+74.6%) | +$33 (+1.6%) | $1,850 – $2,400 | 10 |
| 2BR | $2,805 | +$455 (+19.4%) | +$330 (+13.3%) | $2,530 – $4,900 | 9 |
| 2BR | $2,805 | +$455 (+19.4%) | +$330 (+13.3%) | $2,530 – $4,900 | 9 |
| 3BR | $2,725 | −$875 (-24.3%) | −$875 (-24.3%) | $2,725 – $2,725 | 1 |
| 3BR | $4,250 | +$650 (+18.1%) | +$650 (+18.1%) | $3,975 – $5,925 | 11 |
| 4BR | $4,495 | −$1,505 (-25.1%) | −$305 (-6.4%) | $4,445 – $4,496 | 4 |
| 4BR | $4,495 | −$1,505 (-25.1%) | −$305 (-6.4%) | $4,495 – $4,495 | 5 |
Median, P25, and P75 are asking rents from listings posted in January 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — January 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,825 | $1,750 | +$75 (+4.3%) |
| Studio | $1,600 | $1,750 | −$150 (-8.6%) |
| 1BR | $2,008 | $2,097 | −$89 (-4.2%) |
| 1BR | $2,008 | $2,097 | −$89 (-4.2%) |
| 2BR | $2,805 | $2,795 | +$10 (+0.4%) |
| 2BR | $2,805 | $2,795 | +$10 (+0.4%) |
| 3BR | $2,725 | $3,950 | −$1,225 (-31.0%) |
| 3BR | $4,250 | $3,950 | +$300 (+7.6%) |
| 4BR | $4,495 | $5,200 | −$705 (-13.6%) |
| 4BR | $4,495 | $5,200 | −$705 (-13.6%) |
Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in January 2024.