Monthly Rent Report
Torrance Rent Report — July 2022
Asking rents in ZIP 90505, Los Angeles, from 53 listings.
Median 1BR rent in Torrance was $1,995 in July 2022, up 7.1% (+$133) from June 2022 and up 14.0% year-over-year. The middle half of 1BR listings asked between $1,995 and $1,995. That puts Torrance $105 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 53 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,755 | +$80 (+4.8%) | +$360 (+25.8%) | $1,755 – $1,755 | 1 |
| 1BR | $1,995 | +$133 (+7.1%) | +$245 (+14.0%) | $1,995 – $1,995 | 1 |
| 1BR | $2,315 | +$453 (+24.3%) | +$565 (+32.3%) | $2,175 – $2,348 | 16 |
| 2BR | $2,705 | +$210 (+8.4%) | +$310 (+12.9%) | $2,223 – $2,775 | 19 |
| 2BR | $2,700 | +$205 (+8.2%) | +$305 (+12.7%) | $2,700 – $2,700 | 1 |
| 3BR | $3,795 | −$605 (-13.8%) | −$455 (-10.7%) | $3,795 – $3,950 | 11 |
| 3BR | $4,725 | +$325 (+7.4%) | +$475 (+11.2%) | $4,613 – $4,838 | 2 |
| 4BR | $5,800 | +$1,550 (+36.5%) | +$1,850 (+46.8%) | $5,800 – $5,800 | 1 |
| 4BR | $5,700 | +$1,450 (+34.1%) | +$1,750 (+44.3%) | $5,700 – $5,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — July 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,755 | $1,695 | +$60 (+3.5%) |
| 1BR | $1,995 | $2,100 | −$105 (-5.0%) |
| 1BR | $2,315 | $2,100 | +$215 (+10.2%) |
| 2BR | $2,705 | $2,995 | −$290 (-9.7%) |
| 2BR | $2,700 | $2,995 | −$295 (-9.8%) |
| 3BR | $3,795 | $3,900 | −$105 (-2.7%) |
| 3BR | $4,725 | $3,900 | +$825 (+21.2%) |
| 4BR | $5,800 | $5,273 | +$528 (+10.0%) |
| 4BR | $5,700 | $5,273 | +$428 (+8.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.