Monthly Rent Report
Torrance Rent Report — December 2024
Asking rents in ZIP 90504, Los Angeles, from 75 listings.
Median 1BR rent in Torrance was $2,000 in December 2024, down 8.0% (−$175) from November 2024 and down 10.5% year-over-year. The middle half of 1BR listings asked between $1,925 and $2,100. That puts Torrance $68 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 75 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,175 | +$550 (+33.8%) | +$325 (+17.6%) | $1,773 – $2,175 | 39 |
| 1BR | $2,000 | −$175 (-8.0%) | −$235 (-10.5%) | $1,925 – $2,100 | 5 |
| 1BR | $1,800 | −$375 (-17.2%) | −$435 (-19.5%) | $1,800 – $1,800 | 1 |
| 2BR | $3,250 | +$250 (+8.3%) | +$900 (+38.3%) | $2,850 – $3,375 | 3 |
| 2BR | $2,495 | −$505 (-16.8%) | +$145 (+6.2%) | $2,495 – $2,495 | 2 |
| 3BR | $4,550 | +$1,025 (+29.1%) | +$950 (+26.4%) | $4,550 – $4,550 | 1 |
| 3BR | $3,990 | +$465 (+13.2%) | +$390 (+10.8%) | $3,990 – $4,400 | 9 |
| 4BR | $4,500 | +$800 (+21.6%) | −$1,500 (-25.0%) | $4,125 – $4,750 | 11 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,175 | $1,725 | +$450 (+26.1%) |
| 1BR | $2,000 | $2,068 | −$67 (-3.3%) |
| 1BR | $1,800 | $2,068 | −$267 (-12.9%) |
| 2BR | $3,250 | $2,750 | +$500 (+18.2%) |
| 2BR | $2,495 | $2,750 | −$255 (-9.3%) |
| 3BR | $4,550 | $3,995 | +$555 (+13.9%) |
| 3BR | $3,990 | $3,995 | −$5 (-0.1%) |
| 4BR | $4,500 | $4,900 | −$400 (-8.2%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.