Monthly Rent Report
Torrance Rent Report — September 2022
Asking rents in ZIP 90505, Los Angeles, from 38 listings.
Median 1BR rent in Torrance was $1,695 in September 2022, down 14.0% (−$275) from August 2022 and down 10.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,695. That puts Torrance $401 below the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 38 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2022 | Vs. September 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | −$175 (-10.8%) | −$190 (-11.6%) | $1,450 – $1,450 | 1 |
| Studio | $1,550 | −$75 (-4.6%) | −$90 (-5.5%) | $1,550 – $1,550 | 1 |
| 1BR | $1,695 | −$275 (-14.0%) | −$200 (-10.6%) | $1,695 – $1,695 | 1 |
| 1BR | $2,345 | +$375 (+19.0%) | +$450 (+23.7%) | $2,325 – $2,363 | 7 |
| 2BR | $2,735 | +$485 (+21.6%) | +$425 (+18.4%) | $2,725 – $2,735 | 9 |
| 2BR | $2,300 | +$50 (+2.2%) | −$10 (-0.4%) | $2,300 – $2,300 | 1 |
| 3BR | $3,745 | +$50 (+1.4%) | +$550 (+17.2%) | $3,745 – $3,745 | 1 |
| 3BR | $4,450 | +$755 (+20.4%) | +$1,255 (+39.3%) | $4,175 – $4,725 | 2 |
| 4BR | $5,500 | +$850 (+18.3%) | +$1,000 (+22.2%) | $4,650 – $5,500 | 5 |
| 4BR | $5,500 | +$850 (+18.3%) | +$1,000 (+22.2%) | $5,500 – $5,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — September 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,695 | −$245 (-14.5%) |
| Studio | $1,550 | $1,695 | −$145 (-8.6%) |
| 1BR | $1,695 | $2,096 | −$400 (-19.1%) |
| 1BR | $2,345 | $2,096 | +$250 (+11.9%) |
| 2BR | $2,735 | $2,882 | −$146 (-5.1%) |
| 2BR | $2,300 | $2,882 | −$581 (-20.2%) |
| 3BR | $3,745 | $3,900 | −$155 (-4.0%) |
| 3BR | $4,450 | $3,900 | +$550 (+14.1%) |
| 4BR | $5,500 | $4,925 | +$575 (+11.7%) |
| 4BR | $5,500 | $4,925 | +$575 (+11.7%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in September 2022.