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Rental Market Trends

Torrance, CA

As of July 2025, Torrance's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Torrance's average rent is 0.2% ($5) higher than the California average of $2,521 and 42.3% ($751) higher than the U.S. average of $1,775.

Average Rent

$2,526

Monthly ChangeMonth Over Month Change

1.5% ($39)

Yearly ChangeYear Over Year Change

5% ($132)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,177	2.5% ($56)	0.8% ($17)
2 Beds	$2,692	2.4% ($65)	6% ($152)
3 Beds	$3,628	14.4% ($457)	0.7% ($27)

Nearby Cities	Average Rent	Avg. Rent vs. TorranceAverage Rent vs. Torrance	Avg. Days on MarketAverage Days on Market
Redondo Beach	$3,279	29.8% ($753)	27 days
Lomita	$3,172	25.6% ($646)	33 days
Harbor City	$3,251	28.7% ($725)	35 days
Lawndale	$2,354	6.8% ($172)	29 days
Gardena	$1,875	25.8% ($651)	23 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Torrance Rental Market FAQs

Explore rental prices, market trends, and availability in Torrance, CA.

What is the average rent in Torrance, CA?

The average rent in Torrance, CA is $2,526 per month.

What is the rental price range for apartments in Torrance, CA?

Apartments in Torrance typically rent for between $1,524 and $4,716 per month, with an average of $2,526 per month.

What is the average rent for different bedroom sizes in Torrance, CA?

In Torrance, the average rent for a 1-bedroom apartment is $2,177 per month, for a 2-bedroom apartment, $2,692 per month, and a 3-bedroom apartment is $3,628 per month.

How do rent prices in Torrance, CA compare with the national average?

The average rent in Torrance is 42.3% ($751) higher than the national average of $1,775 per month.

How have rent prices in Torrance, CA changed recently?

The average rent in Torrance has decreased by 1.5% ($39) in the last month and decreased by 5.0% ($132) over the past year.

How competitive is the rental market in Torrance, CA?

The rental market in Torrance, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Torrance, CA?

In Torrance, CA, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Torrance, CA?

There are currently 87 rental properties available in Torrance, CA.

Can I afford to rent an apartment in Torrance, CA?

Based on the current averages, a household would need an annual income of $107,680 to comfortably afford a 2-bedroom apartment in Torrance.