Monthly Rent Report
Torrance Rent Report — July 2021
Asking rents in ZIP 90505, Los Angeles, from 55 listings.
Median 1BR rent in Torrance was $1,700 in July 2021, down 2.9% (−$50) from June 2021 and down 2.9% year-over-year. The middle half of 1BR listings asked between $1,495 and $1,810. That puts Torrance $145 below the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 55 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2021 | Vs. July 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | +$55 (+3.9%) | — | $1,450 – $1,450 | 2 |
| Studio | $1,395 | $0 (0.0%) | — | $1,395 – $1,395 | 2 |
| 1BR | $1,700 | −$50 (-2.9%) | −$50 (-2.9%) | $1,495 – $1,810 | 12 |
| 1BR | $1,750 | $0 (0.0%) | $0 (0.0%) | $1,750 – $1,773 | 3 |
| 2BR | $2,195 | −$30 (-1.3%) | −$840 (-27.7%) | $2,050 – $2,245 | 29 |
| 2BR | $2,395 | +$170 (+7.6%) | −$640 (-21.1%) | $2,395 – $2,395 | 1 |
| 3BR | $4,250 | +$1,505 (+54.8%) | +$575 (+15.6%) | $4,000 – $4,500 | 2 |
| 3BR | $4,250 | +$1,505 (+54.8%) | +$575 (+15.6%) | $4,000 – $4,500 | 2 |
| 4BR | $3,950 | −$1,050 (-21.0%) | — | $3,950 – $3,950 | 1 |
| 4BR | $3,950 | −$1,050 (-21.0%) | — | $3,950 – $3,950 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,525 | −$75 (-4.9%) |
| Studio | $1,395 | $1,525 | −$130 (-8.5%) |
| 1BR | $1,700 | $1,845 | −$145 (-7.9%) |
| 1BR | $1,750 | $1,845 | −$95 (-5.1%) |
| 2BR | $2,195 | $2,529 | −$333 (-13.2%) |
| 2BR | $2,395 | $2,529 | −$133 (-5.3%) |
| 3BR | $4,250 | $3,338 | +$913 (+27.3%) |
| 3BR | $4,250 | $3,338 | +$913 (+27.3%) |
| 4BR | $3,950 | $3,995 | −$45 (-1.1%) |
| 4BR | $3,950 | $3,995 | −$45 (-1.1%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in July 2021.