Monthly Rent Report
Torrance Rent Report — August 2022
Asking rents in ZIP 90505, Los Angeles, from 142 listings.
Median 1BR rent in Torrance was $2,325 in August 2022, up 0.4% (+$10) from July 2022 and up 32.9% year-over-year. The middle half of 1BR listings asked between $2,148 and $2,390. That puts Torrance $230 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 142 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | −$130 (-7.4%) | +$265 (+19.5%) | $1,625 – $1,625 | 1 |
| Studio | $1,775 | +$20 (+1.1%) | +$415 (+30.5%) | $1,775 – $1,955 | 7 |
| 1BR | $2,325 | +$10 (+0.4%) | +$575 (+32.9%) | $2,148 – $2,390 | 55 |
| 1BR | $1,970 | −$345 (-14.9%) | +$220 (+12.6%) | $1,908 – $2,033 | 2 |
| 2BR | $2,735 | +$30 (+1.1%) | +$440 (+19.2%) | $2,705 – $2,985 | 55 |
| 2BR | $2,250 | −$455 (-16.8%) | −$45 (-2.0%) | $2,250 – $2,250 | 1 |
| 3BR | $3,695 | −$100 (-2.6%) | +$20 (+0.5%) | $3,695 – $3,795 | 17 |
| 3BR | $3,050 | −$745 (-19.6%) | −$625 (-17.0%) | $3,050 – $3,050 | 1 |
| 4BR | $4,650 | −$1,050 (-18.4%) | — | $4,650 – $4,650 | 2 |
| 4BR | $4,650 | −$1,050 (-18.4%) | — | $4,650 – $4,650 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — August 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $1,773 | −$147 (-8.3%) |
| Studio | $1,775 | $1,773 | +$3 (+0.1%) |
| 1BR | $2,325 | $2,095 | +$230 (+11.0%) |
| 1BR | $1,970 | $2,095 | −$125 (-6.0%) |
| 2BR | $2,735 | $2,880 | −$145 (-5.0%) |
| 2BR | $2,250 | $2,880 | −$630 (-21.9%) |
| 3BR | $3,695 | $3,795 | −$100 (-2.6%) |
| 3BR | $3,050 | $3,795 | −$745 (-19.6%) |
| 4BR | $4,650 | $5,200 | −$550 (-10.6%) |
| 4BR | $4,650 | $5,200 | −$550 (-10.6%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.