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ZIP Code · CA

ZIP 90503

Part of Torrance, CA
Pop. 43,454·Los Angeles County·315th most expensive ZIP in California
Median rent (all units)
$3,085/mo
Year-over-Year
+8.9%
Month-over-Month
-1.2%
vs US Median
+$1,120
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 90503 · $3,085
More expensive than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,260
1 BR
$2,530
2 BR
$3,160
3 BR
$4,010
4 BR+
$4,460
Research median
$3,160/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$37,020/yr
At $3,085/mo median
Location
StateCA
CountyLos Angeles County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.9% YoY, -1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 90503 (Torrance, CA) is roughly split between renters and owners, has a median income above the national average, 55.9% of residents hold a bachelor's degree or higher.

Population
43,454
Median income
$125,912
Median age
41.3
Renters
47.4%
Age distribution
20.6%
19.3%
28.4%
14.6%
17.1%
Under 1820.6%
18–3419.3%
35–5428.4%
55–6414.6%
65+17.1%
Gender
51.3%
48.7%
Male51.3%
Female48.7%
Race & ethnicity
34.5%
14%
40.6%
White34.5%
Black3.7%
Hispanic14%
Asian40.6%
Other7.2%
Education (25+)
15%
25.4%
55.9%
No HS diploma3.7%
HS diploma15%
Some college25.4%
Bachelor's+55.9%
Housing tenure
52.6%
47.4%
Owner52.6%
Renter47.4%

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

2021 vs 2026

How ZIP 90503 in Torrance, CA has changed in 5 years

Rent
$2,324 → $3,085
up 32.7%
Income
$105,142 → $125,912
up 19.8%
Population
44,744 → 43,454
down 2.9%
Renter share
47.3% → 47.4%
+0.1 pts
Bachelor's+
55.7% → 55.9%
+0.2 pts

The median rent in ZIP 90503 in Torrance, CA stood at $2,324 in 2021 and currently runs about $3,085, reflecting a 32.7% increase over the period. Median household income rose from $105,142 to $125,912 between 2021 and 2024, a 19.8% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.9% since 2021, moving from about 44,744 residents to roughly 43,454. Taken together, the five-year picture in ZIP 90503 in Torrance, CA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

Tips for renters in ZIP 90503

About renting in ZIP 90503

Last updated: July 20, 2026

ZIP code 90503 covers Torrance, CA. The median rent here is $3,085/mo as of July 2026. A 1-bedroom rents for a median of $2,530/mo. A 2-bedroom rents for a median of $3,160/mo.

At 29% of local median household income ($125,912/yr), ZIP 90503 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 90503?

As of July 20, 2026, the median monthly rent in ZIP 90503 (Torrance, CA) is $3,085. This is based on aggregated data from public sources and community submissions.

How does ZIP 90503 rent compare to the US average?

ZIP 90503's median rent of $3,085/mo is $1,120 (57%) above the US national median of $1,965/mo.

How does ZIP 90503 compare to other ZIPs in California?

ZIP 90503 falls in the middle range for California, ranking #315 out of 907 ZIPs at $3,085/mo.

How much income do you need to rent in ZIP 90503?

To keep rent at or below 30% of gross income, you would need to earn at least $123,000/year (~$59/hour full-time) to afford the median rent of $3,085/mo in ZIP 90503. The local median household income is $125,912/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 90503?

Rent in ZIP 90503 has increased 8.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 90503 an affordable place to rent?

ZIP 90503 is considered affordable for renters. At $3,085/mo, rent takes approximately 29% of the local median household income ($125,912/yr). The standard benchmark is 30%. ZIP 90503 falls comfortably within that range.

What percentage of ZIP 90503 residents rent vs. own?

According to Census data, approximately 47.4% of ZIP 90503 households are renters, while 52.6% are owner-occupied. ZIP 90503 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 90503 compare to the rest of Torrance?

ZIP 90503 is pricier than Torrance as a whole. At $3,085/mo, it's $88 above the Torrance citywide median of $2,997/mo.

When was rent data for ZIP 90503 last updated?

Rent data for ZIP 90503 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $3,085/mo, rent takes ~29% of ZIP 90503's median household income ($125,912/yr). The standard benchmark is 30%.

ZIP 90503 29%Benchmark 30%
State income tax1–13.3%
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