Monthly Rent Report
Torrance Rent Report — December 2024
Asking rents in ZIP 90505, Los Angeles, from 65 listings.
Median 1BR rent in Torrance was $2,272 in December 2024, down 23.0% (−$678) from November 2024 and down 5.1% year-over-year. The middle half of 1BR listings asked between $2,272 and $2,272. That puts Torrance $205 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 65 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,835 | +$290 (+18.8%) | +$185 (+11.2%) | $1,763 – $2,035 | 7 |
| Studio | $1,595 | +$50 (+3.2%) | −$55 (-3.3%) | $1,595 – $1,595 | 1 |
| 1BR | $2,272 | −$678 (-23.0%) | −$123 (-5.1%) | $2,272 – $2,272 | 1 |
| 1BR | $2,299 | −$651 (-22.1%) | −$96 (-4.0%) | $2,200 – $2,425 | 17 |
| 2BR | $2,795 | −$1,055 (-27.4%) | −$5 (-0.2%) | $2,695 – $2,895 | 2 |
| 2BR | $2,845 | −$1,005 (-26.1%) | +$45 (+1.6%) | $2,845 – $2,880 | 16 |
| 3BR | $5,500 | +$150 (+2.8%) | +$1,505 (+37.7%) | $5,500 – $5,500 | 1 |
| 3BR | $3,500 | −$1,850 (-34.6%) | −$495 (-12.4%) | $3,495 – $3,500 | 10 |
| 4BR | $5,175 | −$325 (-5.9%) | −$225 (-4.2%) | $4,778 – $5,400 | 4 |
| 4BR | $5,175 | −$325 (-5.9%) | −$225 (-4.2%) | $4,778 – $5,400 | 4 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Torrance vs. Los Angeles — December 2024
| Bedrooms | Torrance Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,835 | $1,725 | +$110 (+6.4%) |
| Studio | $1,595 | $1,725 | −$130 (-7.5%) |
| 1BR | $2,272 | $2,068 | +$205 (+9.9%) |
| 1BR | $2,299 | $2,068 | +$232 (+11.2%) |
| 2BR | $2,795 | $2,750 | +$45 (+1.6%) |
| 2BR | $2,845 | $2,750 | +$95 (+3.5%) |
| 3BR | $5,500 | $3,995 | +$1,505 (+37.7%) |
| 3BR | $3,500 | $3,995 | −$495 (-12.4%) |
| 4BR | $5,175 | $4,900 | +$275 (+5.6%) |
| 4BR | $5,175 | $4,900 | +$275 (+5.6%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.