Last updated
Average Rent in Torrance, CA & Rent Trends
Rent prices and market trends across 2 apartment communities in Torrance, CA. Updated daily.
Market Average
$2,996/mo
▲ +3.2% from last month
Lowest Available
$2,210/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
17
available now
Rent by Neighborhood in Torrance, CA
Compare average rent across Torrance, CA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Torrance 90502 | $3,607 | ▲ $196 | $3,375 | 1 | 5 |
| Torrance 90503 | $2,741 | ▼ $40 | $2,210 | 1 | 12 |
Is Rent Going Up or Down in Torrance, CA?
As of August 2026, the average rent in Torrance, CA is $2,996 per month across 2 apartment communities and 17 available units. Rents have increased $123 (3.2%) over the past month.
The most affordable option is Milano Apartments starting at $2,210/mo. By unit type, a studio averages $2,245/mo, a 1-bedroom averages $2,963/mo, a 2-bedroom averages $3,635/mo, a 3-bedroom averages $3,752/mo.
Prices range from $2,210 to $4,009 per month. The most common price point is the $2,200 range, where 5 units are currently listed.
Torrance, CA Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $3,874 | - | 5 |
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
Rent Prices by Apartment in Torrance, CA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Milano Apartments | $2,210/mo | $2,741/mo | 12 | 4 |
| Alta South Bay | $3,375/mo | $3,607/mo | 5 | 4.5 |
Frequently Asked Questions About Rent in Torrance, CA
What is the average rent in Torrance, CA?
Is rent going up or down in Torrance, CA?
What is the cheapest apartment in Torrance, CA?
How much is a 1-bedroom apartment in Torrance, CA?
How many apartments are available 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
$120,000/year
Based on the 30 percent rule, using our tracked average rent of $2,996/mo.
Comfortable income
$144,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,210/mo), you need to earn at least $88,000/year.
Median household income in Torrance, CA is $113,105 , about 21% 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) | $2,996 |
| Utilities | $744 |
| Groceries | $578 |
| Transportation | $1,773 |
| Healthcare | $865 |
| Other goods and services | $1,384 |
| Estimated total | $8,340/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.
Google Search Trends for Torrance, CA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Torrance, CA Apartments
Browse all 2 communities with daily-updated pricing and availability.