Monthly Rent Report
Torrance Rent Report — June 2022
Asking rents in ZIP 90505, Los Angeles, from 10 listings.
Median 1BR rent in Torrance was $1,595 in June 2022, down 42.5% (−$1,180) from May 2022 and down 8.9% year-over-year. The middle half of 1BR listings asked between $1,595 and $1,595. That puts Torrance $401 below the Los Angeles citywide 1BR median of $1,996. The month's figures are based on 10 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2022 | Vs. June 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,675 | +$350 (+26.4%) | +$280 (+20.1%) | $1,675 – $1,675 | 1 |
| Studio | $1,525 | +$200 (+15.1%) | +$130 (+9.3%) | $1,525 – $1,525 | 1 |
| 1BR | $1,595 | −$1,180 (-42.5%) | −$155 (-8.9%) | $1,595 – $1,595 | 1 |
| 1BR | $1,863 | −$912 (-32.9%) | +$113 (+6.4%) | $1,806 – $1,919 | 2 |
| 2BR | $2,495 | −$105 (-4.0%) | +$245 (+10.9%) | $2,270 – $2,620 | 3 |
| 3BR | $4,400 | +$575 (+15.0%) | +$500 (+12.8%) | $4,400 – $4,400 | 1 |
| 4BR | $4,250 | −$1,150 (-21.3%) | −$750 (-15.0%) | $4,250 – $4,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in June 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — June 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,675 | $1,600 | +$75 (+4.7%) |
| Studio | $1,525 | $1,600 | −$75 (-4.7%) |
| 1BR | $1,595 | $1,996 | −$400 (-20.1%) |
| 1BR | $1,863 | $1,996 | −$133 (-6.7%) |
| 2BR | $2,495 | $2,800 | −$305 (-10.9%) |
| 3BR | $4,400 | $4,150 | +$250 (+6.0%) |
| 4BR | $4,250 | $5,150 | −$900 (-17.5%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in June 2022.