Average Rent in Torrance, CA

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Current Versus Historical Torrance, CA Rents

Torrance rentals average $1,773 for a studio rental to $10,400 for a 4-bedroom rental. The median price of all currently available listings is $3,695, or roughly $3 per square feet.

For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $491 (-21.91%) year-over-year from $2,241 to $1,750. 1-bedroom rentals prices have increased by $3 (0.16%) year-over-year from $2,097 to $2,100. 2-bedroom rentals prices have increased by $153 (5.39%) year-over-year from $2,847 to $3,000. 3-bedroom rentals prices have increased by $234 (5.48%) year-over-year from $4,266 to $4,500. 4-bedroom rentals prices have increased by $733 (15.38%) year-over-year from $4,767 to $5,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 11.85% this month. 1-bedroom rents have gone down by 8.32% this month. 2-bedroom rents have gone down by 7.86% this month. 3-bedroom rents have gone up by 0.93% this month. 4-bedroom rents have gone up by 3.13% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.57	$1,750	$2,241 (-21.91%)	$2,406 (-27.27%)
1 BR	$3.26	$2,100	$2,097 (0.16%)	$1,797 (16.88%)
2 BR	$2.84	$3,000	$2,847 (5.39%)	$2,382 (25.96%)
3 BR	$3.00	$4,500	$4,266 (5.48%)	$3,592 (25.29%)
4+ BR	$3.38	$5,500	$4,767 (15.38%)	$4,483 (22.69%)

Historical Rents in Torrance, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Torrance

There are a total of 6 cities nearby Torrance. The average rent in Torrance is currently $5,313 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Inglewood, CA, with an average rent of $2,900, is the most affordable city nearby. In contrast, the most expensive city near Torrance, CA is Manhattan Beach, CA. Monthly rents here are on average $10,000 per month.

Let's compare Torrance, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Torrance, CA is 50.00% more expensive than other cities nearby. One bedrooms are about 30.89% more affordable. Two bedrooms in Torrance, CA are about 23.48% more affordable. Finally, rent for three bedrooms are about 20.53% more affordable. Want more information? Check out the top 6 cities near Torrance, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Inglewood, CA	$1,898	$1,995	$2,900	$2,900
Torrance, CA	$1,773	$2,100	$3,300	$3,695
Redondo Beach, CA	$2,295	$3,300	$4,400	$4,475
Rancho Palos Verdes, CA	N/A	$2,198	$3,750	$6,150
Hermosa Beach, CA	N/A	$3,750	$5,700	$7,500
Manhattan Beach, CA	N/A	$4,150	$5,500	$10,000

Top Neighborhoods Near Torrance

There are a total of 3 neighborhoods in or near Torrance. Some of these neighborhoods include Westchester-Playa Del Rey, Marina del Rey, and Venice. We've included all of these top 3 neighborhoods in or near Torrance, CA in the following chart.

The average rent for these 3 neighborhoods in or near Torrance, CA is currently around $4,655 per month. Meaning, only three neighborhoods have a higher average rent than $4,655. Interestingly, the neighborhoods' average rent is higher than Torrance's average rent, which is only $3,695. Out of all the neighborhoods in or near Torrance, Westchester-Playa Del Rey has the most affordable average rent at $3,900 per month. Whereas, at $7,925 average rent per month, Venice is the most expensive neighborhood in or near Torrance. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Westchester-Playa Del Rey, Los Angeles, CA	$2,427	$2,844	$3,831	$3,900
Marina del Rey, Los Angeles, CA	$3,295	$3,334	$5,190	$4,655
Venice, Los Angeles, CA	$2,988	$4,273	$6,400	$7,925

Top Counties Near Torrance

There are a total of 3 counties located by Torrance, CA.

We've listed the top 0 counties in the chart below.

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near Torrance

There is one zipcode in or near Torrance, CA. The average rent for this zipcode is $3,005.

The following chart includes the zipcode in or near Torrance, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
90045, Los Angeles, CA	$2,467	$2,845	$3,342	$3,005

Frequently Asked Questions - Torrance Average Rents

What is the average rent price in Torrance, CA?

The average monthly rental price for Torrance, CA apartments for rent is approximately $3,695. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Torrance, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Torrance, CA.

How much is a studio apartment in Torrance, CA?

The average monthly rental price for studio apartments is $1,773 and an average price per square feet of $3.57. There are a total of 2 studio apartment listings currently available for rent in Torrance.

How much is a one bedroom apartment in Torrance, CA?

The average monthly rental price for one bedroom apartments is $2,100 and an average price per square feet of $3.26. There are a total of 11 one bedroom apartment listings currently available for rent in Torrance.

How much is a two bedroom apartment in Torrance, CA?

The average monthly rental price for two bedroom apartments is $3,300 and an average price per square feet of $2.84. There are a total of 17 two bedroom apartment listings currently available for rent in Torrance.

How have rent prices in Torrance, CA changed this year?

Rent prices for rentals in Torrance, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.22%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.05% year-over-year.

What is a reasonable rent price in Torrance, CA?

A reasonable rent price in Torrance, CA is around $2,956/month. You can search for these reasonably priced rental listings on RentHop.