Seagate Homes Apartments
1029 W 223rd St,
Torrance, CA 90502
2 Beds | $2,900 - $3,385
Rental Market Trends in Torrance, CA
What is the average rent in Torrance, CA?
$1,983/month
Average Rent
655 Sq Ft
Average Apartment Size
+1.1%
Increase in the Last Year
As of January 2025, the average rent in Torrance, CA is $1,983 per month. This is 28% higher than the national average rent price of $1,554/month, making Torrance one of the most expensive cities in the US. When you rent an apartment in Torrance, you can expect to pay about $1,582 per month for a studio, $1,983 for a one-bedroom apartment, and around $2,521 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,258 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Torrance, CA?
In the past year, rent has increased by 1.1%, which averages out to $22 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Torrance, CA
Last Updated January 2025
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
2%
$700 - $1,000/month
15%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
49%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Torrance?
Based on current rent prices, Harbor, Delthome and Olde Torrance Neighborhood are the most affordable neighborhoods in Torrance.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Torrance?
Based on current rent prices, Marble Estates, Southeast Torrance and Walteria are the most expensive neighborhoods in Torrance.
Neighborhood
Average Rent
Average Sq Ft
Which Torrance neighborhoods have the most rentals available?
The neighborhoods in Torrance with the most apartments available are South Bay, Olde Torrance Neighborhood and Walteria .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Torrance, CA?
Because the average rent in Torrance is $1,983, you’ll want to make about $6,610 per month or $79,320 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Torrance, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Torrance, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,506/month
-
One Bedroom
$1,547/month
$2,771/month
Two Bedroom
$2,210/month
$2,617/month
Three Bedroom
$3,398/month
$3,395/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.