- California
- Torrance
- Renter Market Trends
Rental market trends in Torrance, CA
Please reach out to press@rent.com for any media inquiries regarding this data.
Average Apartment Cost in Torrance, CA
Apartment Rent Ranges in Torrance, CA
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 1% | 2% | 16% | 82% |
Neighborhood Apartment Rent Trends in Torrance, CA
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Southwood | $3,449 | +15% |
| Delthome | $2,699 | -10% |
| Seaside | $2,500 | -- |
| Olde Torrance | $1,995 | -- |
| Southwood Riviera | $1,795 | -- |
| North Torrance | $1,672 | -- |
| Northwest Torrance | $1,672 | -19% |
| Walteria | $1,600 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Riviera | $2,795 | -- |
| West Torrance | $2,495 | 0% |
| Southwood Riviera | $2,395 | +21% |
| North Torrance | $2,300 | -- |
| Northwest Torrance | $2,300 | 0% |
| Hillside | $2,200 | -- |
| Delthome | $2,195 | +3% |
| Walteria | $2,195 | -- |
| Olde Torrance | $2,100 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Olde Torrance | $3,500 | +63% |
| Riviera | $3,500 | +6% |
| West Torrance | $3,140 | +1% |
| Walteria | $2,750 | +2% |
| Southeast Torrance | $2,700 | -- |
| Southwood Riviera | $2,695 | -11% |
| Delthome | $2,610 | -15% |
| Hillside | $2,500 | -- |
| North Torrance | $2,350 | -- |
| Northwest Torrance | $2,350 | -18% |
| Madrona | $2,300 | -- |
How Other Cities Compare to Torrance, CA
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Woodland Hills | $2,950 | +4% |
| Laguna Beach | $2,700 | 0% |
| Santa Monica | $2,679 | -16% |
| West Hollywood | $2,554 | +8% |
| Pasadena | $2,395 | +36% |
| Long Beach | $2,360 | +18% |
| Thousand Oaks | $2,340 | -- |
| Huntington Beach | $2,226 | +9% |
| Los Angeles | $2,211 | -6% |
| Lake Forest | $2,209 | -30% |
| Beverly Hills | $2,195 | 0% |
| North Hollywood | $2,172 | -4% |
| Costa Mesa | $2,161 | +3% |
| Hollywood | $2,094 | -21% |
| Rancho Cucamonga | $2,090 | +6% |
| Culver City | $1,925 | -42% |
| Anaheim | $1,900 | -2% |
| Burbank | $1,866 | 0% |
| Northridge | $1,823 | +14% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Culver City | $3,915 | -2% |
| Santa Monica | $3,760 | +5% |
| Laguna Beach | $3,695 | +12% |
| Irvine | $3,614 | +19% |
| West Hollywood | $3,397 | -13% |
| Beverly Hills | $3,095 | 0% |
| Pasadena | $2,835 | +2% |
| Woodland Hills | $2,820 | +4% |
| Long Beach | $2,810 | +7% |
| Los Angeles | $2,789 | -2% |
| Hollywood | $2,695 | -14% |
| Thousand Oaks | $2,660 | -6% |
| Costa Mesa | $2,596 | -1% |
| Huntington Beach | $2,547 | +5% |
| Lake Forest | $2,481 | +2% |
| West Los Angeles | $2,400 | -- |
| North Hollywood | $2,377 | -11% |
| Rancho Cucamonga | $2,324 | +9% |
| Burbank | $2,211 | -22% |
| Anaheim | $2,173 | +8% |
| Northridge | $2,051 | -13% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Beverly Hills | $6,495 | +31% |
| Santa Monica | $6,002 | 0% |
| Culver City | $4,807 | +6% |
| Irvine | $4,570 | +22% |
| Hollywood | $4,361 | +5% |
| Los Angeles | $3,832 | -1% |
| West Hollywood | $3,722 | -30% |
| Woodland Hills | $3,654 | +9% |
| Long Beach | $3,638 | +13% |
| Pasadena | $3,638 | +1% |
| Costa Mesa | $3,367 | +2% |
| Lake Forest | $3,245 | +4% |
| Thousand Oaks | $3,094 | -24% |
| Burbank | $3,074 | -14% |
| North Hollywood | $3,062 | 0% |
| Huntington Beach | $2,991 | +2% |
| Northridge | $2,861 | 0% |
| Rancho Cucamonga | $2,798 | +2% |
| Anaheim | $2,690 | +7% |
Torrance, CA Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| $3150 | $2850 | $2910 | $2849 | $2699 | $2699 | $3149 | $3325 | $2999 | $2175 | $2175 | $2175 | $2175 |
| $2350 | $2300 | $2300 | $2175 | $2050 | $2300 | $2150 | $2146 | $2350 | $2200 | $2200 | $2275 | $2275 |
| $2850 | $2829 | $2837 | $2874 | $2863 | $2852 | $2841 | $2844 | $2847 | $2850 | $2850 | $2850 | $2850 |
| $3500 | $3442 | $3392 | $3392 | $3500 | $3447 | $3500 | $3500 | $3500 | $3500 | $3500 | $3500 | $3500 |
Neighborhood Information for Torrance, CA
What are the most affordable neighborhoods in Torrance, CA?
The most affordable neighborhoods in Torrance are Olde Torrance, where the average 1-bedroom apartment rent goes for $2,100, Delthome, where renters pay $2,195 on average for a 1-bedroom apartment, and Walteria, where the average 1-bedroom apartment rent goes for $2,195. If you're looking for other great deals, check out the listings in Hillside ($2,200 for a 1-bedroom apartment) or North Torrance ($2,300 for a 1-bedroom apartment), compared to the $2,275 average for an Torrance 1-bedroom apartment.
What are the most expensive neighborhoods in Torrance, CA?
The most expensive neighborhoods in Torrance are Riviera, where the average rent for a 1-bedroom apartment is just $2,795. offering similar apartments at an average of West Torrance, $2,495, and Southwood Riviera, $2,395. For additional value-for-money options, consider North Torrance ($2,300 for a 1-bedroom apartment) or Northwest Torrance ($2,300 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Torrance average for a 1-bedroom apartment, which stands at $2,275.
What are the most popular neighborhoods in Torrance, CA?
The most popular neighborhoods in Torrance are Northwest Torrance, where the average 1-bedroom apartment rent goes for $2,300, North Torrance, where renters pay $2,300 on average for a 1-bedroom apartment, and Delthome, where the average 1-bedroom apartment rent goes for $2,195. If you're looking for other popular neighborhoods, check out the listings in West Torrance ($2,495 for a 1-bedroom apartment) or Southwood Riviera ($2,395 for a 1-bedroom apartment), compared to the $2,275 average for an Torrance 1-bedroom apartment.
