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Rental Market Trends in Torrance, CA

What is the average rent in Torrance, CA?

$2,003/month

Average Rent

653 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of June 2025, the average rent in Torrance, CA is $2,003 per month. This is 23% higher than the national average rent price of $1,628/month, making Torrance one of the most expensive cities in the US. When you rent an apartment in Torrance, you can expect to pay about $1,631 per month for a studio, $2,003 for a one-bedroom apartment, and around $2,606 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,099 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,631/month
358 Sq Ft
One Bedroom
$2,003/month
653 Sq Ft
Two Bedroom
$2,606/month
919 Sq Ft
Three Bedroom
$3,099/month
1,154 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,966/month
541 Sq Ft
Two Bedroom
$4,036/month
1,030 Sq Ft
Three Bedroom
$5,560/month
1,509 Sq Ft
Four Bedroom
$11,492/month
3,060 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,962/month
618 Sq Ft
Two Bedroom
$3,596/month
949 Sq Ft
Three Bedroom
$5,100/month
1,487 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,874/month
1,176 Sq Ft
Three Bedroom
$4,711/month
1,396 Sq Ft
Four Bedroom
$6,277/month
2,156 Sq Ft

How much has average rent changed in Torrance, CA?

In the past year, rent has increased by 1.1%, which averages out to $23 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Torrance, CA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Torrance, CA
Percentage*
Rent Range
0% Below $700/month
2% $700 - $1,000/month
14% $1,001 - $1,500/month
30% $1,501 - $2,000/month
53% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Torrance?

Based on current rent prices, Harbor, Delthome and Southwood Riviera are the most affordable neighborhoods in Torrance.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Harbor
$2,039/month
559 Sq Ft
Delthome
$2,134/month
666 Sq Ft
Southwood Riviera
$2,257/month
663 Sq Ft
South Bay
$2,410/month
672 Sq Ft
Olde Torrance Neighborhood
$2,606/month
672 Sq Ft
Olde Torrance
$2,651/month
667 Sq Ft
Hillside
$2,750/month
804 Sq Ft
Harbor Ridge Townhomes
$2,898/month
727 Sq Ft
Southeast Torrance
$3,435/month
623 Sq Ft
Walteria
$3,679/month
694 Sq Ft

What are the most expensive neighborhoods in Torrance?

Based on current rent prices, Walteria, Southeast Torrance and Harbor Ridge Townhomes are the most expensive neighborhoods in Torrance.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Walteria
$3,679/month
694 Sq Ft
Southeast Torrance
$3,435/month
623 Sq Ft
Harbor Ridge Townhomes
$2,898/month
727 Sq Ft
Hillside
$2,750/month
804 Sq Ft
Olde Torrance
$2,651/month
667 Sq Ft
Olde Torrance Neighborhood
$2,606/month
672 Sq Ft
South Bay
$2,410/month
672 Sq Ft
Southwood Riviera
$2,257/month
663 Sq Ft
Delthome
$2,134/month
666 Sq Ft
Harbor
$2,039/month
559 Sq Ft

Which Torrance neighborhoods have the most rentals available?

The neighborhoods in Torrance with the most apartments available are South Bay, Olde Torrance Neighborhood and Olde Torrance .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Bay
$2,410/month
672 Sq Ft
Olde Torrance Neighborhood
$2,606/month
672 Sq Ft
Olde Torrance
$2,651/month
667 Sq Ft
Southeast Torrance
$3,435/month
623 Sq Ft
Delthome
$2,134/month
666 Sq Ft
Harbor Ridge Townhomes
$2,898/month
727 Sq Ft
Walteria
$3,679/month
694 Sq Ft
Harbor
$2,039/month
559 Sq Ft
Hillside
$2,750/month
804 Sq Ft
Southwood Riviera
$2,257/month
663 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Torrance, CA?

Because the average rent in Torrance is $2,003, you’ll want to make about $6,676 per month or $80,112 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Torrance, CA

824 Available Apartments for Rent

Search for Nearby Apartments

How does Torrance, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Torrance, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Torrance, CA

Apartment Averages

Harbor

Torrance, CA

Walteria

Torrance, CA

Studio
$1,484/month
$1,631/month
One Bedroom
$1,592/month
$1,975/month
Two Bedroom
$2,426/month
$2,755/month
Three Bedroom
$2,481/month
$3,283/month
Search
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Nearby City Rent Trends

  • Redondo Beach Average Rent
  • Hermosa Beach Average Rent
  • Lomita Average Rent
  • Lawndale Average Rent
  • Harbor City Average Rent
  • Palos Verdes Estates Average Rent

Apartment communities in Torrance we think you'll love

Seacrest Homes Apartments

Seacrest Homes Apartments

1311 W Sepulveda Blvd,
Torrance, CA 90501

2 Beds | $3,475 - $3,575

Seagate Homes Apartments

Seagate Homes Apartments

1029 W 223rd St,
Torrance, CA 90502

2 Beds | $2,900 - $3,050

Olive Tree Apartments

Olive Tree Apartments

3725 Garnet St,
Torrance, CA 90503

1-2 Beds | $2,099 - $2,500

Palm View Village (Furnished Units Available)

Palm View Village (Furnished Units Available)

17575 Yukon Ave,
Torrance, CA 90504

2 Beds | $2,875 - $4,000

Property Management Companies in Torrance, CA

Coastline Real Estate Advisors, Inc.
Coastline Real Estate Advisors, Inc.
  • 11

    Communities

  • 805

    Units

  • 5

    Cities

7 Communities in Torrance
Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
  • 89

    Communities

  • 10,763

    Units

  • 50

    Cities

5 Communities in Torrance
Beach Front Property Management, Inc.
Beach Front Property Management, Inc.
  • 68

    Communities

  • 1,795

    Units

  • 24

    Cities

3 Communities in Torrance
Mashcole Property Management
Mashcole Property Management
  • 25

    Communities

  • 1,473

    Units

  • 21

    Cities

3 Communities in Torrance
Greystar
Greystar
  • 3,255

    Communities

  • 904,657

    Units

  • 840

    Cities

2 Communities in Torrance
Western National Group
Western National Group
  • 43

    Communities

  • 10,439

    Units

  • 25

    Cities

2 Communities in Torrance
Property Management Associates
Property Management Associates
  • 45

    Communities

  • 2,716

    Units

  • 19

    Cities

2 Communities in Torrance
North Oak Real Estate Investments Inc.
North Oak Real Estate Investments Inc.
  • 60

    Communities

  • 1,319

    Units

  • 18

    Cities

2 Communities in Torrance

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United States California Torrance Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity