Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Torrance & Beyond
Torrance shares many of the great qualities that make California a desirable place to live.
California is the most populous state in the United States and is home to some of the world's most iconic cities, such as Los Angeles, San Diego, and San Francisco. It's known for its thriving economy and diverse landscapes, including beaches, deserts, and mountains. Immerse yourself in the state's history and traditions by visiting museums like the California Science Center and the Getty Center or attending worldwide renowned universities like Stanford University and the University of California, Berkeley.
There are also many outdoor recreation opportunities in the state, such as skiing in the Sierra Nevada Mountains, surfing along the Pacific Coast, and hiking in Yosemite National Park. There's something for everyone. Sports fans can enjoy cheering on the San Francisco 49ers (NFL), Los Angeles Kings (NHL), Los Angeles Dodgers (MLB), San Francisco Giants (MLB), Los Angeles Lakers (NBA), or Golden State Warriors (NBA). Also, check out famous attractions like the Golden Gate Bridge, Alcatraz Island, Disneyland, Hollywood, the historic city of San Francisco, and the mecca of Los Angeles.
With its warm and inviting climate, thriving economy, and high quality of life, Embrace the Golden State and discover why California is a great place to live.
Rental Market Trends
Torrance, CA
As of June 2026, Torrance's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Torrance's average rent is 7.0% ($193) lower than the California average of $2,756 and 42.6% ($766) higher than the U.S. average of $1,797.
Average Rent
$2,563
Monthly ChangeMonth Over Month Change
0.9% ($22)
Yearly ChangeYear Over Year Change
0.1% ($2)
Avg. Days on MarketAverage Days on Market
27
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,223 | 0.9% ($20) | 0.4% ($10) |
| 2 Beds | $2,721 | 0.2% ($5) | 1.3% ($36) |
| 3 Beds | $4,052 | 1.2% ($49) | 27.8% ($881) |
| Nearby Cities | Average Rent | Avg. Rent vs. TorranceAverage Rent vs. Torrance | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Redondo Beach | $3,748 | 46.2% ($1185) | 27 days |
| Lomita | $2,610 | 1.8% ($47) | 33 days |
| Harbor City | $2,285 | 10.8% ($278) | 35 days |
| Lawndale | $2,900 | 13.1% ($337) | 29 days |
| Gardena | $1,976 | 22.9% ($587) | 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.
The average rent in Torrance, CA is $2,563 per month.
Homes in Torrance typically rent for between $1,556 and $5,268 per month, with an average of $2,563 per month.
In Torrance, the average rent for a 1-bedroom home is $2,223 per month, for a 2-bedroom home, $2,721 per month, and a 3-bedroom home is $4,052 per month.
The average rent in Torrance is 42.6% ($766) higher than the national average of $1,797 per month.
The average rent in Torrance has decreased by 0.9% ($22) in the last month and decreased by 0.1% ($2) over the past year.
The rental market in Torrance, CA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 83 rental properties available in Torrance, CA.
Based on the current averages, a household would need an annual income of $108,840 to comfortably afford a 2-bedroom home in Torrance.
