Monthly Rent Report
Torrance Rent Report — October 2022
Asking rents in ZIP 90505, Los Angeles, from 33 listings.
Median 1BR rent in Torrance was $1,935 in October 2022, up 14.2% (+$240) from September 2022 and up 10.6% year-over-year. The middle half of 1BR listings asked between $1,935 and $1,935. That puts Torrance $161 below the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 33 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,450 | $0 (0.0%) | −$175 (-10.8%) | $1,450 – $1,450 | 1 |
| Studio | $1,595 | +$145 (+10.0%) | −$30 (-1.8%) | $1,595 – $1,595 | 2 |
| 1BR | $1,935 | +$240 (+14.2%) | +$185 (+10.6%) | $1,935 – $1,935 | 2 |
| 1BR | $1,695 | $0 (0.0%) | −$55 (-3.1%) | $1,695 – $1,695 | 1 |
| 2BR | $2,800 | +$65 (+2.4%) | +$550 (+24.4%) | $2,195 – $2,839 | 6 |
| 2BR | $2,300 | −$435 (-15.9%) | +$50 (+2.2%) | $2,300 – $2,300 | 1 |
| 3BR | $4,350 | +$605 (+16.2%) | +$1,100 (+33.8%) | $4,350 – $4,350 | 1 |
| 3BR | $7,000 | +$3,255 (+86.9%) | +$3,750 (+115.4%) | $7,000 – $7,000 | 1 |
| 4BR | $5,400 | −$100 (-1.8%) | +$1,900 (+54.3%) | $4,600 – $6,430 | 11 |
| 4BR | $5,900 | +$400 (+7.3%) | +$2,400 (+68.6%) | $5,900 – $5,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — October 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,450 | $1,795 | −$345 (-19.2%) |
| Studio | $1,595 | $1,795 | −$200 (-11.1%) |
| 1BR | $1,935 | $2,096 | −$161 (-7.7%) |
| 1BR | $1,695 | $2,096 | −$401 (-19.1%) |
| 2BR | $2,800 | $2,900 | −$100 (-3.4%) |
| 2BR | $2,300 | $2,900 | −$600 (-20.7%) |
| 3BR | $4,350 | $3,948 | +$403 (+10.2%) |
| 3BR | $7,000 | $3,948 | +$3,053 (+77.3%) |
| 4BR | $5,400 | $4,838 | +$563 (+11.6%) |
| 4BR | $5,900 | $4,838 | +$1,063 (+22.0%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.