Monthly Rent Report
Torrance Rent Report — August 2021
Asking rents in ZIP 90505, Los Angeles, from 34 listings.
Median 1BR rent in Torrance was $1,840 in August 2021, up 8.2% (+$140) from July 2021 and up 5.1% year-over-year. The middle half of 1BR listings asked between $1,581 and $1,866. That puts Torrance in line with the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 34 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. August 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | +$155 (+11.1%) | — | $1,550 – $1,550 | 1 |
| Studio | $1,360 | −$35 (-2.5%) | — | $1,343 – $1,378 | 2 |
| 1BR | $1,840 | +$140 (+8.2%) | +$90 (+5.1%) | $1,581 – $1,866 | 10 |
| 1BR | $1,750 | +$50 (+2.9%) | $0 (0.0%) | $1,750 – $1,750 | 1 |
| 2BR | $3,475 | +$1,080 (+45.1%) | +$1,089 (+45.6%) | $3,475 – $3,475 | 2 |
| 2BR | $2,295 | −$100 (-4.2%) | −$91 (-3.8%) | $2,250 – $2,350 | 13 |
| 3BR | $3,000 | −$1,250 (-29.4%) | +$5 (+0.2%) | $3,000 – $3,000 | 1 |
| 3BR | $3,675 | −$575 (-13.5%) | +$680 (+22.7%) | $3,300 – $4,144 | 4 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — August 2021
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,549 | +$2 (+0.1%) |
| Studio | $1,360 | $1,549 | −$188 (-12.2%) |
| 1BR | $1,840 | $1,863 | −$22 (-1.2%) |
| 1BR | $1,750 | $1,863 | −$112 (-6.0%) |
| 2BR | $3,475 | $2,680 | +$795 (+29.7%) |
| 2BR | $2,295 | $2,680 | −$385 (-14.4%) |
| 3BR | $3,000 | $3,595 | −$595 (-16.6%) |
| 3BR | $3,675 | $3,595 | +$80 (+2.2%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.