Torrance, CA Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Torrance is $2,492, a 0.03% decrease compared to the previous year, when the average rent was $2,492.
Studio Apartments at $1,682 offer the most budget-friendly option with 414 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 701 square feet for $2,131, balancing privacy and affordability.
Two-beedroom units at $2,901 offer 1,022 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,393 sq ft) for $3,501, suitable for larger households.
Average rent in Torrance, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,492 | 848 sq. ft. |
| Studio | $1,682 | 414 sq. ft. |
| 1 Bed | $2,131 | 701 sq. ft. |
| 2 Beds | $2,901 | 1,022 sq. ft. |
| 3 Beds | $3,501 | 1,393 sq. ft. |
Torrance, CA rent trends
Rental prices in Torrance, CA have decreased by 0.03% over the past year. The average rent moved from $2,492 to $2,492.
What's the typical rent budget in Torrance, CA?
The largest share of rentals in Torrance, CA (31%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Torrance, CA?
25,128 or 45% of the households in Torrance, CA are renter-occupied while 30,189 or 55% are owner-occupied.
Most affordable neighborhoods in Torrance?
North Torrance $2,211/month
Old Torrance $2,286/month
Central Business District $2,288/month
All of these neighborhoods fall below the city wide average of $2,492/month.Most expensive neighborhoods in Torrance?
Hollywood Riviera $2,543/month
West Torrance - Southwood $2,556/month
Harbor Gateway South $2,964/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Torrance, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Harbor Gateway South | $2,964 |
| West Torrance - Southwood | $2,556 |
| Hollywood Riviera | $2,543 |
| Walteria | $2,487 |
| Central Business District | $2,288 |
| Old Torrance | $2,286 |
| North Torrance | $2,211 |
Torrance | Rent Comparison by Neighborhood
Rent in Central Business District is 23% lower than in Harbor Gateway South
Central Business District rent is 8% lower than Torrance average
Harbor Gateway South rent is 19% higher than Torrance average
How Torrance Compares to Other Cities
| City | Average Rent |
|---|---|
| Torrance | $2,492 |
| Los Angeles | $2,740 |
| San Francisco | $3,580 |
| East Bay | $2,643 |
| San Diego | $2,958 |
| Long Beach | $2,645 |
| Sacramento | $1,894 |
| San Jose | $3,118 |
| Oakland | $2,578 |
| Tulare | $1,674 |
| Santa Monica | $3,626 |
| West Hollywood, CA | $3,087 |
| Inglewood | $2,492 |
| Hawthorne, CA | $2,009 |
| Gardena, CA | $2,051 |
| Downey, CA | $2,275 |
| Redondo Beach, CA | $3,169 |
| Culver City, CA | $3,345 |
| Bellflower, CA | $2,190 |
| Buena Park, CA | $2,402 |
| Norwalk, CA | $2,300 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Torrance apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.