ZIP 90503
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 90503 usually run 0.6% below trend in January and 0.5% above it in June, about $32 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 90503 is 0.5% below its high of $2,962 in August 2026, at $2,947 as of September 2026.
Rent in ZIP 90503 changed +4.3% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.
From 2019 to 2024, rent in ZIP 90503 rose 29.2% while median household income rose 35.3% ($93,063 to $125,912). Income kept ahead of rent.
Rent in ZIP 90503 is 37.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 10 of the last 12 months.
30% of the median household income ($125,912) is $3,148 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,530); a 2-bedroom is $3,160.
3rd cheapest of 4 ZIP codes in Torrance.
ZIP 90504, 2 miles away, rents for 13% less ($2,562/mo), about $4,600 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 90503. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 90503 in Torrance, CA has changed in 5 years
The median rent in ZIP 90503 in Torrance, CA stood at $2,213 in 2021 and currently runs about $2,947, reflecting a 33.2% 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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Tips for renters in ZIP 90503
Last updated: October 17, 2026
ZIP code 90503 covers Torrance, CA. The median rent here is $2,947/mo as of October 2026. A 1-bedroom rents for a median of $2,530/mo. A 2-bedroom rents for a median of $3,160/mo.
At 28% of local median household income ($125,912/yr), ZIP 90503 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.
Frequently asked questions
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How does ZIP 90503 compare to the rest of Torrance?
At $2,947/mo, rent takes ~28% of ZIP 90503's median household income ($125,912/yr). The standard benchmark is 30%.
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