Monthly Rent Report
Torrance Rent Report — April 2022
Asking rents in ZIP 90505, Los Angeles, from 8 listings.
Median 1BR rent in Torrance was $2,200 in April 2022, up 37.9% (+$605) from March 2022 and up 29.4% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,200. That puts Torrance $162 above the Los Angeles citywide 1BR median of $2,038. The month's figures are based on 8 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$30 (-2.0%) | +$120 (+8.7%) | $1,495 – $1,495 | 1 |
| 1BR | $2,200 | +$605 (+37.9%) | +$500 (+29.4%) | $2,200 – $2,200 | 1 |
| 2BR | $2,695 | +$420 (+18.5%) | +$345 (+14.7%) | $2,695 – $2,695 | 1 |
| 2BR | $4,124 | +$1,849 (+81.3%) | +$1,774 (+75.5%) | $3,561 – $4,687 | 2 |
| 3BR | $4,350 | +$150 (+3.6%) | +$350 (+8.8%) | $4,350 – $4,350 | 1 |
| 4BR | $4,350 | +$53 (+1.2%) | −$2,650 (-37.9%) | $4,350 – $4,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — April 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,575 | −$80 (-5.1%) |
| 1BR | $2,200 | $2,038 | +$162 (+7.9%) |
| 2BR | $2,695 | $2,795 | −$100 (-3.6%) |
| 2BR | $4,124 | $2,795 | +$1,329 (+47.5%) |
| 3BR | $4,350 | $3,850 | +$500 (+13.0%) |
| 4BR | $4,350 | $4,998 | −$647 (-13.0%) |
Citywide figure is the median of zip-level medians across 127 Los Angeles zip codes with listings in April 2022.