Seagate Homes Apartments
1029 W 223rd St,
Torrance, CA 90502
2 Beds | $3,150
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%
Increase in the Last Year
As of July 2025, the average rent in Torrance, CA is $2,003 per month. This is 22% higher than the national average rent price of $1,637/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 $1,634 per month for a studio, $2,003 for a one-bedroom apartment, and around $2,622 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,103 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Torrance, CA?
In the past year, rent has increased by 1%, which averages out to $20 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 July 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most expensive neighborhoods in Torrance?
Based on current rent prices, Harbor Ridge Townhomes, Southeast Torrance and Olde Torrance Neighborhood are the most expensive neighborhoods in Torrance.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
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.
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.
Studio
$1,497/month
-
One Bedroom
$1,591/month
-
Two Bedroom
$2,428/month
-
Three Bedroom
$2,485/month
-
Nearby City Rent Trends
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Coastline Real Estate Advisors, Inc.
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11
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805
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Cirrus Asset Management, Inc.
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95
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11,546
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Beach Front Property Management, Inc.
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77
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2,039
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27
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Property Management Associates
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50
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2,816
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21
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4 Communities in Torrance
Mashcole Property Management
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30
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1,593
Units
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22
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3 Communities in Torrance
Greystar
-
3,278
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911,876
Units
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850
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2 Communities in Torrance
Western National Group
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45
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10,678
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25
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Miracle Mile Properties
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18
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2,977
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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.