Torrance, CA Rental Market Trends
What is the average rent in Torrance?
The average rent for an apartment in Torrance is $2,090. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Torrance, CA
|Average Rent||Average Apartment Size|
|$2,090||850 sq. ft.|
What is the average apartment size in Torrance?
The average size for a Torrance, CA apartment is 850 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Torrance, CA Apartment Rent Ranges
Torrance, CA Occupied Housing Units
16,635 or 30% of the households in Torrance, CA are renter-occupied while 37,802 or 69% are owner-occupied.
Torrance, CA Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Aug / 2021|
Average Rent in Torrance, CA By Neighborhood
|Harbor Gateway South||$2,102|
|Central Business District||$2,031|
|West Torrance - Southwood||$2,031|
What are the most affordable neighborhoods in Torrance?
The most affordable neighborhoods in Torrance are North Torrance, where the average rent goes for $1,820/month, Old Torrance, where renters pay $1,978/mo on average, and Central Business District, where the average rent goes for $2,031/mo. If you’re looking for other great deals, check out the listings from West Torrance - Southwood ($2,031), Walteria ($2,100), and Harbor Gateway South ($2,102), where the asking prices are below the average Torrance rent of $2,090/mo.
What are the most expensive neighborhoods in Torrance?
What are the most popular neighborhoods in Torrance?
The most popular neighborhood in Torrance is Hollywood Riviera, where there are 3 verified RENTCafé listings with an average rent of $2,344. Next up is Central Business District, where apartments go for $2,031/month, followed by Harbor Gateway South with $2,102 If you’re looking to rent in Torrance’s most popular neighborhoods, make sure to also check out North Torrance, where renters pay $1,820 on average, and Walteria, where the average monthly rent is $2,100.
Torrance | Rent Comparison by Neighborhood
Rent in Central Business District is 3% lower than in Harbor Gateway South
Central Business District rent is 3% lower than Torrance average
Harbor Gateway South rent is 1% higher than Torrance average
How Torrance Compares to Other Cities