Monthly Rent Report

Torrance Rent Report — September 2021

Asking rents in ZIP 90505, Los Angeles, from 36 listings.

Median 1BR rent in Torrance was $1,895 in September 2021, up 3.0% (+$55) from August 2021 and up 9.2% year-over-year. The middle half of 1BR listings asked between $1,825 and $1,905. That puts Torrance $55 below the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 36 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. August 2021Vs. September 2020P25–P75 RangeListings
Studio$1,425+$65 (+4.8%)$1,375 – $1,5333
Studio$1,640+$280 (+20.6%)$1,640 – $1,6403
1BR$1,895+$55 (+3.0%)+$160 (+9.2%)$1,825 – $1,9059
1BR$1,750−$90 (-4.9%)+$15 (+0.9%)$1,750 – $1,7502
2BR$2,310−$1,165 (-33.5%)+$210 (+10.0%)$2,269 – $2,34012
2BR$2,250−$1,225 (-35.3%)+$150 (+7.1%)$2,250 – $2,2501
3BR$3,400−$275 (-7.5%)$3,400 – $3,4001
3BR$3,195−$480 (-13.1%)$3,045 – $3,3452
4BR$4,500$4,500 – $4,5001

Median, P25, and P75 are asking rents from listings posted in September 2021. Changes compare against the nearest prior month with data.

Torrance vs. Los AngelesSeptember 2021

BedroomsTorrance MedianLos Angeles Citywide MedianDifference
Studio$1,425$1,638−$212 (-13.0%)
Studio$1,640$1,638+$3 (+0.2%)
1BR$1,895$1,950−$55 (-2.8%)
1BR$1,750$1,950−$200 (-10.3%)
2BR$2,310$2,623−$312 (-11.9%)
2BR$2,250$2,623−$372 (-14.2%)
3BR$3,400$3,470−$69 (-2.0%)
3BR$3,195$3,470−$274 (-7.9%)
4BR$4,500$4,223+$278 (+6.6%)

Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in September 2021.

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