City Report · CA

Torrance

Pop. 142,130·143rd most expensive in California·One of the pricier rental markets in the US
Median rent (all units)
$3,006/mo
Year-over-Year
+3.7%
Month-over-Month
Stable
vs US Median
+$1,074
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Torrance · $3,006
More expensive than 91% of US cities · National median $1,932/mo
Rent Reality Score
56/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Torrance's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$3,006/mo
Expected by trend
$3,103/mo
The Rent Reality Score compares today's median rent to where Torrance's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,050
1 BR
$2,303
2 BR
$2,903
3 BR
$3,688
4 BR+
$4,090
Fair Market Rent (HUD)
$2,903/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,006 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Torrance is 0% below its high of $3,007 in August 2026, at $3,006 as of September 2026.

Past year vs. the rest of California

Rent in Torrance changed +3.7% over the year to September 2026. Across the 336 California cities Zillow tracks, the typical change was +3.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in Torrance rose 26.5% while median household income rose 24.3% ($93,492 to $116,217). Rent outpaced income.

Since before the pandemic

Rent in Torrance is 32.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($116,217) is $2,905 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,903); a 3-bedroom is $3,688.

Spread across ZIP codes

The priciest of 4 ZIP codes in Torrance, 90505 ($3,452/mo), costs 35% more than the cheapest, 90504 ($2,562/mo).

Cheaper nearby

Lawndale, 4 miles away, rents for 10% less ($2,692/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for Torrance. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$36,072/yr
At $3,006/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.7% YoY, -0.0% MoM), not inventory.
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Demographics

Who lives here

Torrance, CA is roughly split between renters and owners, has a median income above the national average, 54% of residents hold a bachelor's degree or higher.

Population
142,130
Median income
$116,217
Median age
43.2
Renters
45%
Age distribution
20.8%
17.7%
28.4%
14.3%
18.8%
Under 1820.8%
18–3417.7%
35–5428.4%
55–6414.3%
65+18.8%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
36.1%
19.3%
37.3%
White36.1%
Black3.6%
Hispanic19.3%
Asian37.3%
Other3.7%
Education (25+)
16.2%
24.7%
54%
No HS diploma5%
HS diploma16.2%
Some college24.7%
Bachelor's+54%
Housing tenure
55%
45%
Owner55%
Renter45%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Torrance, CA has changed in 5 years

Rent
$2,305 → $3,006
up 30.4%
Income
$100,215 → $116,217
up 16.0%
Population
147,156 → 142,130
down 3.4%
Renter share
44.8% → 45%
+0.2 pts
Bachelor's+
52.3% → 54%
+1.7 pts
Median age
42.2 → 43.2
+1.0 yrs

Five years ago, renters in Torrance, CA paid around $2,305 a month. That figure now sits near $3,006, up 30.4% from the 2021 baseline. On the earnings side, the typical household in Torrance, CA now reports about $116,217, up from $100,215 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Torrance, CA losing about 5,026 residents over the five-year window, down 3.4% on net. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Torrance, CA reflects that arc in its own way.

Community

Discussions about Torrance

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View Torrance rent history (2015–2026) →
Salary vs rent

Can you afford rent in Torrance on your salary?

At $3,006/mo, how Torrance rent compares to typical pay (30% rule).

By apartment size

Torrance rent by bedroom count

Median rent for each apartment size in Torrance. Click any size for full breakdown.

Local insights

Tips for renters in Torrance

About renting in Torrance, CA

Last updated: October 17, 2026

The median rent in Torrance is $3,006/mo as of October 2026. A studio apartment averages $2,050/mo while a 2-bedroom runs $2,903/mo. One-bedroom apartments average $2,303/mo and 3-bedroom units go for $3,688/mo.

At 31% of local median household income ($116,217/yr), Torrance ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Torrance?

To keep rent at or below 30% of gross income, you would need to earn at least $120,000/year (about $58/hour full-time) to afford the median rent of $3,006/mo in Torrance. The local median household income is $116,217/yr, so the typical household falls short of that bar.

Is rent going up or down in Torrance?

Rent in Torrance has risen 3.7% over the past year as of September 2026. It sits 0% below its high of $3,007 in August 2026.

Has rent outpaced income in Torrance?

Yes. From 2019 to 2024, rent in Torrance rose 26.5% while median household income rose 24.3%, from $93,492 to $116,217. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Torrance neighborhoods have the lowest rent?

The most affordable ZIP codes in Torrance are 90504 ($2,562/mo), 90501 ($2,662/mo), and 90503 ($2,947/mo). Citywide, the median rent is $3,006/mo.

How does Torrance rent compare to other cities in California?

Torrance is in the middle among California cities for rent, ranking #143 of 382 tracked cities at $3,006/mo. Over the year to September 2026, rent in Torrance changed +3.7%, against a typical +3.4% across the 336 California cities Zillow tracks.

Which nearby cities are cheaper to rent in than Torrance?

Nearby cities with lower median rent than Torrance ($3,006/mo) include Gardena ($2,334/mo), Lawndale ($2,692/mo), and Lomita ($2,888/mo).
Income Affordability
31%
MODERATE

At $3,006/mo, rent takes ~31% of Torrance's median household income ($116,217/yr). The standard benchmark is 30%.

Torrance 31%Benchmark 30%
State income tax1–13.3%
Run the Torrance affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Torrance, CA

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