Monthly Rent Report
Torrance Rent Report — April 2024
Asking rents in ZIP 90504, Los Angeles, from 192 listings.
Median 1BR rent in Torrance was $2,098 in April 2024, up 4.9% (+$98) from March 2024 and up 2.3% year-over-year. The middle half of 1BR listings asked between $2,098 and $2,098. That puts Torrance in line with the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 192 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2024 | Vs. April 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,850 | +$505 (+37.5%) | +$200 (+12.1%) | $1,700 – $1,875 | 11 |
| Studio | $1,900 | +$555 (+41.3%) | +$250 (+15.2%) | $1,900 – $1,900 | 1 |
| 1BR | $2,098 | +$98 (+4.9%) | +$48 (+2.3%) | $2,098 – $2,098 | 1 |
| 1BR | $2,275 | +$275 (+13.8%) | +$225 (+11.0%) | $1,895 – $2,495 | 44 |
| 2BR | $2,395 | −$300 (-11.1%) | −$250 (-9.5%) | $2,395 – $2,395 | 1 |
| 2BR | $2,645 | −$50 (-1.9%) | $0 (0.0%) | $2,350 – $2,795 | 63 |
| 3BR | $3,900 | +$200 (+5.4%) | +$300 (+8.3%) | $3,900 – $3,900 | 1 |
| 3BR | $4,048 | +$348 (+9.4%) | +$448 (+12.4%) | $3,700 – $4,799 | 50 |
| 4BR | $4,500 | +$200 (+4.7%) | $0 (0.0%) | $3,750 – $4,500 | 10 |
| 4BR | $4,500 | +$200 (+4.7%) | $0 (0.0%) | $3,500 – $4,500 | 10 |
Median, P25, and P75 are asking rents from listings posted in April 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — April 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,850 | $1,795 | +$55 (+3.1%) |
| Studio | $1,900 | $1,795 | +$105 (+5.8%) |
| 1BR | $2,098 | $2,095 | +$3 (+0.1%) |
| 1BR | $2,275 | $2,095 | +$180 (+8.6%) |
| 2BR | $2,395 | $2,833 | −$438 (-15.5%) |
| 2BR | $2,645 | $2,833 | −$188 (-6.6%) |
| 3BR | $3,900 | $3,950 | −$50 (-1.3%) |
| 3BR | $4,048 | $3,950 | +$98 (+2.5%) |
| 4BR | $4,500 | $4,999 | −$499 (-10.0%) |
| 4BR | $4,500 | $4,999 | −$499 (-10.0%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in April 2024.