Monthly Rent Report
Torrance Rent Report — June 2024
Asking rents in ZIP 90504, Los Angeles, from 169 listings.
Median 1BR rent in Torrance was $2,238 in June 2024, down 1.6% (−$37) from May 2024 and up 4.8% year-over-year. The middle half of 1BR listings asked between $1,874 and $2,295. That puts Torrance $138 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 169 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | −$100 (-5.6%) | +$50 (+3.0%) | $1,596 – $1,800 | 10 |
| Studio | $1,600 | −$200 (-11.1%) | −$50 (-3.0%) | $1,595 – $1,800 | 9 |
| 1BR | $2,238 | −$37 (-1.6%) | +$103 (+4.8%) | $1,874 – $2,295 | 48 |
| 1BR | $2,050 | −$225 (-9.9%) | −$85 (-4.0%) | $2,050 – $2,050 | 1 |
| 2BR | $2,950 | +$755 (+34.4%) | +$195 (+7.1%) | $2,950 – $2,950 | 1 |
| 2BR | $2,795 | +$600 (+27.3%) | +$40 (+1.5%) | $2,320 – $2,815 | 34 |
| 3BR | $3,600 | +$50 (+1.4%) | $0 (0.0%) | $3,600 – $3,600 | 1 |
| 3BR | $3,800 | +$250 (+7.0%) | +$200 (+5.6%) | $3,484 – $4,400 | 41 |
| 4BR | $4,600 | +$500 (+12.2%) | +$125 (+2.8%) | $4,225 – $5,998 | 23 |
| 4BR | $4,800 | +$700 (+17.1%) | +$325 (+7.3%) | $4,800 – $4,800 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — June 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,759 | −$59 (-3.3%) |
| Studio | $1,600 | $1,759 | −$159 (-9.0%) |
| 1BR | $2,238 | $2,100 | +$138 (+6.5%) |
| 1BR | $2,050 | $2,100 | −$50 (-2.4%) |
| 2BR | $2,950 | $2,885 | +$65 (+2.3%) |
| 2BR | $2,795 | $2,885 | −$90 (-3.1%) |
| 3BR | $3,600 | $3,900 | −$300 (-7.7%) |
| 3BR | $3,800 | $3,900 | −$100 (-2.6%) |
| 4BR | $4,600 | $5,000 | −$400 (-8.0%) |
| 4BR | $4,800 | $5,000 | −$200 (-4.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.