Monthly Rent Report
Torrance Rent Report — May 2022
Asking rents in ZIP 90505, Los Angeles, from 14 listings.
Median 1BR rent in Torrance was $1,595 in May 2022, down 27.5% (−$605) from April 2022 and down 11.1% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,595. That puts Torrance $355 below the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 14 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | −$170 (-11.4%) | −$70 (-5.0%) | $1,325 – $1,325 | 1 |
| 1BR | $1,595 | −$605 (-27.5%) | −$200 (-11.1%) | $1,595 – $1,595 | 2 |
| 1BR | $2,775 | +$575 (+26.1%) | +$980 (+54.6%) | $2,675 – $2,775 | 5 |
| 2BR | $2,600 | −$95 (-3.5%) | +$605 (+30.3%) | $2,600 – $2,600 | 1 |
| 2BR | $3,200 | +$505 (+18.7%) | +$1,205 (+60.4%) | $3,200 – $3,200 | 1 |
| 3BR | $3,825 | −$525 (-12.1%) | +$375 (+10.9%) | $3,288 – $4,363 | 2 |
| 4BR | $5,400 | +$1,050 (+24.1%) | +$1,100 (+25.6%) | $5,400 – $5,400 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — May 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,620 | −$295 (-18.2%) |
| 1BR | $1,595 | $1,950 | −$355 (-18.2%) |
| 1BR | $2,775 | $1,950 | +$825 (+42.3%) |
| 2BR | $2,600 | $2,800 | −$200 (-7.1%) |
| 2BR | $3,200 | $2,800 | +$400 (+14.3%) |
| 3BR | $3,825 | $3,995 | −$170 (-4.3%) |
| 4BR | $5,400 | $5,100 | +$300 (+5.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.