Torrance, CA Rental Market Trends
What is the average rent in Torrance?
The average rent for an apartment in Torrance is $2,459. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Torrance, CA
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $2,459 | 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
25,178 or 45% of the households in Torrance, CA are renter-occupied while 30,541 or 55% are owner-occupied.
Torrance, CA rent trends
Average Rent in Torrance, CA By Neighborhood
| City | Average Rent |
|---|---|
| Walteria | $2,525 |
| Harbor Gateway South | $2,519 |
| Central Business District | $2,453 |
| West Torrance - Southwood | $2,453 |
| Old Torrance | $2,371 |
| North Torrance | $2,121 |
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What are the most affordable neighborhoods in Torrance?
The most affordable neighborhoods in Torrance are North Torrance, where the average rent goes for $2,121/month, Old Torrance, where renters pay $2,371/mo on average, and Central Business District, where the average rent goes for $2,453/mo.
What are the most expensive neighborhoods in Torrance?
The most expensive neighborhoods in Torrance are West Torrance - Southwood ($2,453), Harbor Gateway South ($2,519) and Walteria ($2,525).
What are the most popular neighborhoods in Torrance?
The most popular neighborhood in Torrance is North Torrance, where there are 3 listings with an average rent of $2,121. Next up is Central Business District, where apartments go for $2,453/month, followed by Harbor Gateway South with $2,519 If you’re looking to rent in Torrance’s most popular neighborhoods, make sure to also check out Old Torrance, where renters pay $2,371 on average, and Walteria, where the average monthly rent is $2,525.
Torrance | Rent Comparison by Neighborhood
Rent in Central Business District is 3% lower than in Harbor Gateway South
$2,453
Central Business District rent is 1% lower than Torrance average
Average Rent
$2,453
$2,519
Harbor Gateway South rent is 2% higher than Torrance average
Average Rent
$2,519
How Torrance Compares to Other Cities
| State | Average Rent |
|---|---|
| Ventura | $2,784 |
| Goleta | $3,162 |
| Los Angeles | $2,719 |
| Santa Barbara | $2,842 |
| San Francisco | $3,267 |
| Oxnard | $2,627 |
| Irvine | $3,222 |
| East Bay | $2,580 |
| Sanger | $1,235 |
| San Diego | $2,997 |
| Long Beach | $2,571 |
| Santa Monica | $3,956 |
| Inglewood | $2,598 |
| Torrance | $2,459 |
| Downey | $2,245 |
| Hawthorne | $1,809 |
| Manhattan Beach | $1,300 |
| South Gate | $1,952 |
| Stanton | $2,473 |
| West Hollywood | $3,230 |
| Artesia | $2,237 |
What is the average price for a storage unit in Torrance?
The average rent for a non-climate-controlled 10'x10' storage unit in Torrance is $252.47. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
