Monthly Rent Report
Torrance Rent Report — May 2021
Asking rents in ZIP 90505, Los Angeles, from 67 listings.
Median 1BR rent in Torrance was $1,795 in May 2021, up 5.6% (+$95) from April 2021. The middle half of 1BR listings asked between $1,698 and $1,808. That puts Torrance in line with the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 67 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,525 | $0 (0.0%) | — | $1,525 – $1,525 | 1 |
| Studio | $1,395 | −$130 (-8.5%) | — | $1,395 – $1,395 | 2 |
| 1BR | $1,795 | +$95 (+5.6%) | — | $1,698 – $1,808 | 23 |
| 1BR | $1,725 | +$25 (+1.5%) | — | $1,688 – $1,761 | 4 |
| 2BR | $1,995 | −$1,025 (-33.9%) | — | $1,995 – $1,995 | 1 |
| 2BR | $2,200 | −$820 (-27.2%) | — | $2,185 – $2,225 | 23 |
| 3BR | $3,450 | +$678 (+24.4%) | — | $3,450 – $3,450 | 1 |
| 3BR | $3,300 | +$528 (+19.0%) | — | $2,745 – $3,495 | 11 |
| 4BR | $4,300 | −$2,700 (-38.6%) | — | $4,300 – $4,300 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — May 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,525 | $1,521 | +$4 (+0.3%) |
| Studio | $1,395 | $1,521 | −$126 (-8.3%) |
| 1BR | $1,795 | $1,798 | −$3 (-0.2%) |
| 1BR | $1,725 | $1,798 | −$73 (-4.1%) |
| 2BR | $1,995 | $2,450 | −$455 (-18.6%) |
| 2BR | $2,200 | $2,450 | −$250 (-10.2%) |
| 3BR | $3,450 | $3,295 | +$155 (+4.7%) |
| 3BR | $3,300 | $3,295 | +$5 (+0.2%) |
| 4BR | $4,300 | $3,990 | +$310 (+7.8%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.