Monthly Rent Report
Torrance Rent Report — December 2022
Asking rents in ZIP 90505, Los Angeles, from 96 listings.
Median 1BR rent in Torrance was $2,100 in December 2022, down 8.5% (−$195) from November 2022 and up 23.9% year-over-year. The middle half of 1BR listings asked between $1,995 and $2,385. That puts Torrance in line with the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 96 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,625 | −$202 (-11.1%) | +$30 (+1.9%) | $1,595 – $1,860 | 5 |
| Studio | $1,728 | −$100 (-5.5%) | +$133 (+8.3%) | $1,661 – $1,794 | 2 |
| 1BR | $2,100 | −$195 (-8.5%) | +$405 (+23.9%) | $1,995 – $2,385 | 18 |
| 1BR | $1,995 | −$300 (-13.1%) | +$300 (+17.7%) | $1,995 – $1,995 | 1 |
| 2BR | $2,805 | $0 (0.0%) | +$555 (+24.7%) | $2,500 – $2,950 | 29 |
| 2BR | $3,525 | +$720 (+25.7%) | +$1,275 (+56.7%) | $2,988 – $4,063 | 2 |
| 3BR | $3,798 | −$702 (-15.6%) | −$202 (-5.1%) | $3,250 – $4,039 | 24 |
| 3BR | $3,848 | −$652 (-14.5%) | −$152 (-3.8%) | $3,674 – $4,021 | 2 |
| 4BR | $4,700 | −$300 (-6.0%) | −$1,300 (-21.7%) | $4,500 – $4,938 | 6 |
| 4BR | $4,700 | −$300 (-6.0%) | −$1,300 (-21.7%) | $4,500 – $4,938 | 6 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2022
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,625 | $1,795 | −$170 (-9.5%) |
| Studio | $1,728 | $1,795 | −$67 (-3.8%) |
| 1BR | $2,100 | $2,093 | +$8 (+0.4%) |
| 1BR | $1,995 | $2,093 | −$97 (-4.7%) |
| 2BR | $2,805 | $2,795 | +$10 (+0.4%) |
| 2BR | $3,525 | $2,795 | +$730 (+26.1%) |
| 3BR | $3,798 | $4,145 | −$347 (-8.4%) |
| 3BR | $3,848 | $4,145 | −$297 (-7.2%) |
| 4BR | $4,700 | $4,998 | −$297 (-6.0%) |
| 4BR | $4,700 | $4,998 | −$297 (-6.0%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.