Monthly Rent Report
Torrance Rent Report — January 2023
Asking rents in ZIP 90505, Los Angeles, from 165 listings.
Median 1BR rent in Torrance was $1,895 in January 2023, down 5.0% (−$100) from December 2022 and up 12.5% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,895. That puts Torrance $230 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 165 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | +$75 (+4.6%) | +$105 (+6.6%) | $1,700 – $1,700 | 2 |
| Studio | $1,800 | +$175 (+10.8%) | +$205 (+12.9%) | $1,795 – $2,105 | 7 |
| 1BR | $1,895 | −$100 (-5.0%) | +$210 (+12.5%) | $1,895 – $1,895 | 1 |
| 1BR | $2,355 | +$360 (+18.0%) | +$670 (+39.8%) | $2,088 – $2,425 | 55 |
| 2BR | $2,660 | −$145 (-5.2%) | −$135 (-4.8%) | $2,660 – $2,660 | 1 |
| 2BR | $2,850 | +$45 (+1.6%) | +$55 (+2.0%) | $2,801 – $3,325 | 70 |
| 3BR | $3,150 | −$697 (-18.1%) | −$850 (-21.3%) | $3,150 – $3,150 | 1 |
| 3BR | $3,950 | +$103 (+2.7%) | −$50 (-1.3%) | $3,800 – $4,200 | 25 |
| 4BR | $5,800 | +$1,100 (+23.4%) | +$1,850 (+46.8%) | $5,800 – $5,800 | 1 |
| 4BR | $5,150 | +$450 (+9.6%) | +$1,200 (+30.4%) | $4,825 – $5,475 | 2 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — January 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| Studio | $1,800 | $1,795 | +$5 (+0.3%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 1BR | $2,355 | $2,125 | +$230 (+10.8%) |
| 2BR | $2,660 | $2,861 | −$201 (-7.0%) |
| 2BR | $2,850 | $2,861 | −$11 (-0.4%) |
| 3BR | $3,150 | $3,848 | −$697 (-18.1%) |
| 3BR | $3,950 | $3,848 | +$103 (+2.7%) |
| 4BR | $5,800 | $5,000 | +$801 (+16.0%) |
| 4BR | $5,150 | $5,000 | +$151 (+3.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.