Monthly Rent Report
Torrance Rent Report — March 2022
Asking rents in ZIP 90505, Los Angeles, from 10 listings.
Median 1BR rent in Torrance was $1,595 in March 2022, flat versus February 2022 and down 11.4% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,595. That puts Torrance $305 below the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 10 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,525 | −$135 (-8.1%) | +$78 (+5.4%) | $1,525 – $1,525 | 1 |
| 1BR | $1,595 | $0 (0.0%) | −$205 (-11.4%) | $1,595 – $1,595 | 1 |
| 2BR | $3,295 | +$1,045 (+46.4%) | +$275 (+9.1%) | $3,295 – $3,295 | 1 |
| 2BR | $2,275 | +$25 (+1.1%) | −$745 (-24.7%) | $2,263 – $2,288 | 2 |
| 3BR | $4,200 | −$300 (-6.7%) | +$900 (+27.3%) | $4,200 – $4,200 | 1 |
| 4BR | $4,298 | −$1,202 (-21.9%) | — | $3,996 – $4,599 | 2 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — March 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,525 | $1,600 | −$75 (-4.7%) |
| 1BR | $1,595 | $1,900 | −$305 (-16.1%) |
| 2BR | $3,295 | $2,775 | +$520 (+18.7%) |
| 2BR | $2,275 | $2,775 | −$500 (-18.0%) |
| 3BR | $4,200 | $3,700 | +$500 (+13.5%) |
| 4BR | $4,298 | $4,500 | −$202 (-4.5%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.