Monthly Rent Report
Torrance Rent Report — February 2023
Asking rents in ZIP 90505, Los Angeles, from 137 listings.
Median 1BR rent in Torrance was $1,925 in February 2023, up 1.6% (+$30) from January 2023 and up 20.7% year-over-year. The middle half of 1BR listings asked between $1,913 and $1,938. That puts Torrance $200 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 137 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,700 | $0 (0.0%) | +$40 (+2.4%) | $1,700 – $1,700 | 1 |
| Studio | $1,650 | −$50 (-2.9%) | −$10 (-0.6%) | $1,650 – $2,000 | 5 |
| 1BR | $1,925 | +$30 (+1.6%) | +$330 (+20.7%) | $1,913 – $1,938 | 2 |
| 1BR | $2,205 | +$310 (+16.4%) | +$610 (+38.2%) | $1,950 – $2,395 | 35 |
| 2BR | $2,700 | +$40 (+1.5%) | +$450 (+20.0%) | $2,638 – $2,700 | 4 |
| 2BR | $2,775 | +$115 (+4.3%) | +$525 (+23.3%) | $2,664 – $2,861 | 52 |
| 3BR | $3,675 | −$275 (-7.0%) | −$400 (-9.8%) | $3,413 – $3,938 | 2 |
| 3BR | $4,200 | +$250 (+6.3%) | +$125 (+3.1%) | $3,845 – $4,500 | 33 |
| 4BR | $5,500 | +$350 (+6.8%) | $0 (0.0%) | $5,500 – $5,500 | 1 |
| 4BR | $4,500 | −$650 (-12.6%) | −$1,000 (-18.2%) | $4,500 – $4,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — February 2023
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,700 | $1,795 | −$95 (-5.3%) |
| Studio | $1,650 | $1,795 | −$145 (-8.1%) |
| 1BR | $1,925 | $2,125 | −$200 (-9.4%) |
| 1BR | $2,205 | $2,125 | +$80 (+3.8%) |
| 2BR | $2,700 | $2,773 | −$73 (-2.6%) |
| 2BR | $2,775 | $2,773 | +$2 (+0.1%) |
| 3BR | $3,675 | $3,850 | −$175 (-4.5%) |
| 3BR | $4,200 | $3,850 | +$350 (+9.1%) |
| 4BR | $5,500 | $4,695 | +$805 (+17.1%) |
| 4BR | $4,500 | $4,695 | −$195 (-4.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.