Monthly Rent Report
Torrance Rent Report — November 2022
Asking rents in ZIP 90505, Los Angeles, from 190 listings.
Median 1BR rent in Torrance was $1,695 in November 2022, down 12.4% (−$240) from October 2022 and down 5.6% year-over-year. The middle half of 1BR listings asked between $1,695 and $1,795. That puts Torrance $371 below the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 190 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2022 | Vs. November 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,765 | +$315 (+21.7%) | — | $1,650 – $1,795 | 9 |
| Studio | $1,828 | +$378 (+26.0%) | — | $1,811 – $1,844 | 2 |
| 1BR | $1,695 | −$240 (-12.4%) | −$100 (-5.6%) | $1,695 – $1,795 | 3 |
| 1BR | $2,295 | +$360 (+18.6%) | +$500 (+27.9%) | $1,956 – $2,355 | 54 |
| 2BR | $2,805 | +$5 (+0.2%) | +$310 (+12.4%) | $2,725 – $3,218 | 100 |
| 2BR | $2,595 | −$205 (-7.3%) | +$100 (+4.0%) | $2,515 – $2,595 | 4 |
| 3BR | $4,500 | +$150 (+3.4%) | +$850 (+23.3%) | $4,198 – $4,525 | 3 |
| 3BR | $4,098 | −$252 (-5.8%) | +$448 (+12.3%) | $4,045 – $4,100 | 4 |
| 4BR | $5,000 | −$400 (-7.4%) | — | $5,000 – $5,000 | 4 |
| 4BR | $5,000 | −$400 (-7.4%) | — | $5,000 – $5,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — November 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,765 | $1,695 | +$70 (+4.1%) |
| Studio | $1,828 | $1,695 | +$133 (+7.8%) |
| 1BR | $1,695 | $2,066 | −$371 (-18.0%) |
| 1BR | $2,295 | $2,066 | +$229 (+11.1%) |
| 2BR | $2,805 | $2,873 | −$67 (-2.3%) |
| 2BR | $2,595 | $2,873 | −$277 (-9.7%) |
| 3BR | $4,500 | $3,700 | +$800 (+21.6%) |
| 3BR | $4,098 | $3,700 | +$398 (+10.7%) |
| 4BR | $5,000 | $5,000 | $0 (0.0%) |
| 4BR | $5,000 | $5,000 | $0 (0.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.