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Average Rent in Torrance, CA & Rent Trends

Rent prices and market trends across 6 apartment communities in Torrance, CA. Updated daily.

Market Average

$3,483/mo

▼ 9.7% from last month

Lowest Available

$2,215/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

15

available now

Rent by Neighborhood in Torrance, CA

Compare average rent across Torrance, CA neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Old Torrance $8,500 ▲  $644 $8,500 1 1
South Redondo $6,450 ▼  $1,023 $6,450 1 1
Torrance 90502 $3,110 ▼  $40 $2,855 1 5
Torrance 90503 $2,738 ▼  $22 $2,215 2 7
Torrance 90505 $2,575 - $2,575 1 1

Is Rent Going Up or Down in Torrance, CA?

As of July 2026, the average rent in Torrance, CA is $3,483 per month across 6 apartment communities and 15 available units. Rents have decreased $469 (9.7%) over the past month.

The most affordable option is Milano Apartments starting at $2,215/mo. By unit type, a studio averages $2,320/mo, a 1-bedroom averages $2,983/mo, a 2-bedroom averages $3,217/mo, a 4-bedroom averages $7,475/mo.

Prices range from $2,215 to $8,500 per month. The most common price point is the $2,200 range, where 3 units are currently listed.

Torrance, CA Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $4,820 - 5
July 2026 $4,220 -$600 6

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Torrance, CA

Studio
$2,320
from $2,215 · 4 units
1 Bed
$2,983
from $2,807 · 4 units
2 Bed
$3,217
from $2,575 · 5 units
4 Bed
$7,475
from $6,450 · 2 units

Rent Prices by Apartment in Torrance, CA

Property Starting at Average Units Rating
Milano Apartments $2,215/mo $2,768/mo 5 4
Golden West Tower $2,524/mo $2,666/mo 2 4.8
Ocean West Apartments $2,575/mo $2,575/mo 1 4.9
Alta South Bay $2,855/mo $3,110/mo 5 4.5
Estate Properties $6,450/mo $6,450/mo 1 5
R.E.M.S, Inc. $8,500/mo $8,500/mo 1 4.6

Frequently Asked Questions About Rent in Torrance, CA

What is the average rent in Torrance, CA?

The average rent in Torrance, CA is $3,483 per month as of July 2026, based on 15 units across 6 apartment communities.

Is rent going up or down in Torrance, CA?

Rent in Torrance, CA has decreased $469 (9.7%) over the past month. The current average is $3,483/mo.

What is the cheapest apartment in Torrance, CA?

The most affordable apartment in Torrance, CA is Milano Apartments with units starting at $2,215/mo.

How much is a 1-bedroom apartment in Torrance, CA?

A 1-bedroom apartment in Torrance, CA averages $2,983/mo, with prices starting at $2,807/mo across 4 available units.

How many apartments are available in Torrance, CA?

There are 15 units available across 6 apartment communities in Torrance, CA.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$139,000/year

Based on the 30 percent rule, using our tracked average rent of $3,483/mo.

Comfortable income

$167,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($2,215/mo), you need to earn at least $89,000/year.

Median household income in Torrance, CA is $113,105 , about 32% below the comfortable-living threshold.

Cost of living in Torrance, CA

Overall prices in Torrance, CA runs above the national average by about 15% (BEA Regional Price Parity index 114.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Torrance, CA's regional price parities.

Category Monthly estimate
Rent (market average) $3,483
Utilities $744
Groceries $578
Transportation $1,773
Healthcare $865
Other goods and services $1,384
Estimated total $8,827/mo

Population

143,499

Median household income

$113,105

Census median rent

$2,214/mo

Rent as % of income

30.3%

Median age

43.1

Mean commute

27 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Torrance, CA Apartments

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