Rental market snapshot for West Torrance, Torrance
West Torrance rental market summary
The rental market in West Torrance, California is showing signs of stability. In July 2023, there were 123 new listings, indicating that the market is still active. The median rent in July 2023 was $2,695, which is the same as the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in pricing. When compared to the median rent in July 2022, there has been a 3.9% increase in rent, indicating that the rental market is slowly increasing in value.
Overall, the rental market in West Torrance, California is showing signs of stability. The number of new listings and the median rent have remained consistent over the past year, indicating that the market is not experiencing any drastic changes. The slight increase in rent from July 2022 to July 2023 suggests that the market is slowly increasing in value.
Median rent for all residential properties in West Torrance
Get the latest rental data first
The most expensive listings and top trending buildings in West Torrance
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 19403 Mildred Ave | $6,250 | 4 / 2.5 |
| 4402 W 238th St | $5,750 | 4 / 3.0 |
| 4904 Emerald St | $5,600 | 4 / 2.0 |
| 4511 Darien St | $5,500 | 4 / 3.5 |
| 5106 Lillian St | $4,995 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Coastline Real Estate Advisors | $2,662 |
| Cirrus Asset Management Inc. | $2,370 |
| G and G Enterprises | $2,309 |
| JRC Property Management | $2,035 |
| TCRE Corp | $1,995 |
Get the latest rental data first
Bedroom Breakdown in West Torrance
West Torrance neighborhood apartments rents
The rental market for studios in West Torrance, California is showing signs of stability. In July 2023, there was only one new studio listing, indicating that the market is not experiencing a large influx of new properties. The median rent for studios in July 2023 was $1,550, which is a 9.4% decrease from the median rent in June 2023 of $1,712. This suggests that the rental market is not experiencing significant inflation, and that prices are staying relatively stable.
The rental market for 1-bedroom apartments in West Torrance, California is showing signs of growth. In July 2023, there were 15 new 1-bedroom listings, a 9.1% increase in median rent from June 2023 to July 2023, and a median rent of $2,395. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in West Torrance, California in July 2023 is relatively stable. There were 13 new listings in July, but the median rent stayed the same at $2,850, indicating that the market is not experiencing any significant changes. This suggests that the rental market for 2-bedroom apartments in West Torrance is relatively stable and that renters can expect to pay the same amount for a 2-bedroom apartment in July 2023 as they did in June 2023.