Last updated
Average Rent in Old Torrance & Rent Trends
Rent prices and market trends across 1 apartment community in Old Torrance, Torrance, CA. Updated daily.
Market Average
$7,534/mo
Lowest Available
$4,400/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
2
available now
Old Torrance vs Torrance, CA Average
Old Torrance is more expensive the Torrance, CA average by $3,007/mo (66%). The citywide average is $4,527/mo across all neighborhoods.
Is Rent Going Up or Down in Old Torrance?
As of June 2026, the average rent in Old Torrance is $7,534 per month across 1 apartment community and 2 available units.
The most affordable option is R.E.M.S, Inc. starting at $4,400/mo. By unit type, a studio averages $7,534/mo.
Prices range from $4,400 to $10,668 per month. The most common price point is the $4,400 range, where 1 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Old Torrance
Rent Prices by Apartment in Old Torrance
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| R.E.M.S, Inc. | $4,400/mo | $7,534/mo | 2 | 4.6 |
Google Search Trends for Old Torrance Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Old Torrance
What is the average rent in Old Torrance?
Is rent going up or down in Old Torrance?
What is the cheapest apartment in Old Torrance?
How many apartments are available in Old Torrance?
What salary do I need to live comfortably in Old Torrance?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$301,000/year
Based on the 30 percent rule, using our tracked average rent of $7,534/mo.
Comfortable income
$362,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($4,400/mo), you need to earn at least $176,000/year.
Median household income in Old Torrance is $113,105 , about 69% below the comfortable-living threshold.
Cost of living in Old Torrance
Overall prices in Old Torrance 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 Old Torrance's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $7,534 |
| Utilities | $744 |
| Groceries | $578 |
| Transportation | $1,773 |
| Healthcare | $865 |
| Other goods and services | $1,384 |
| Estimated total | $12,878/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 Old Torrance Apartments
Browse all 1 communities with daily-updated pricing and availability.