Cheapest Neighborhoods in Torrance, CA
Some of the cheapest neighborhoods in Torrance are Harbor, Olde Torrance, and Olde Torrance Neighborhood. These neighborhoods offer some of the lowest rent prices in Torrance, making them ideal for renters on a budget. As of August 24, 2026, the average rent in Torrance is $2,101, which is 1.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Harbor
Average Rent
$1,998/Month
Year-Over-Year Rent Change
0.8%
Units Available
18 Rentals
Harbor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Harbor is $1,998 while the city average is $2,101. This is a 0.8% difference from last year. Residents enjoy convenient access to Carson Normandie Plaza, Wardlow Station, and El Camino College, Compton.
Olde Torrance
Average Rent
$2,060/Month
Year-Over-Year Rent Change
1.7%
Units Available
16 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Olde Torrance. The average rent is $2,060, compared to the city average of $2,101. Rent prices have increased by 1.7%. Olde Torrance is convenient to 1925-1951 W Carson St, 1308 Sartori Ave, and Los Angeles International.
Olde Torrance Neighborhood
Average Rent
$2,069/Month
Year-Over-Year Rent Change
1.7%
Units Available
21 Rentals
Olde Torrance Neighborhood is an affordable neighborhood in Torrance with an average rent price of $2,069. Compare this to the city average of $2,101. In the past year, rent prices have increased by 1.7%. Olde Torrance Neighborhood provides easy access to Cal State Dominguez Hills, Madrona Marsh Preserve & Nature Center, and Marine/Redondo Station.
La Fresa
Average Rent
$2,078/Month
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Torrance, La Fresa might be the perfect place! It has an average rent price of $2,078, while the city’s average stands at $2,101. La Fresa is near Los Angeles International, Yukon Square, and El Segundo/Nash Station.
Delthome
Average Rent
$2,134/Month
Year-Over-Year Rent Change
1.2%
Units Available
20 Rentals
Delthome is a top choice for budget-conscious renters for a variety of reasons. The average rent in Delthome is $2,134 while the city average is $2,101. This is a 1.2% difference from last year. Residents enjoy convenient access to Cal State Dominguez Hills, Los Angeles Southwest College, and South Coast Botanic Garden.
South Bay
Average Rent
$2,404/Month
Year-Over-Year Rent Change
0.9%
Units Available
616 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out South Bay. The average rent is $2,404, compared to the city average of $2,101. Rent prices have increased by 0.9%. South Bay is convenient to Banning Residence Museum, Del Amo Station, and Compton Creek Natural Park at George Washington Elementary.
Walteria
Average Rent
$2,846/Month
Year-Over-Year Rent Change
0.3%
Units Available
26 Rentals
Walteria is an affordable neighborhood in Torrance with an average rent price of $2,846. Compare this to the city average of $2,101. In the past year, rent prices have decreased by 0.3%. Walteria provides easy access to Harbor College, Douglas/Rosecrans Station, and Los Angeles International.
Southwood Riviera
Average Rent
$3,318/Month
Year-Over-Year Rent Change
1.8%
Units Available
55 Rentals
If you’re looking for a great, affordable neighborhood in Torrance, Southwood Riviera might be the perfect place! It has an average rent price of $3,318, while the city’s average stands at $2,101. In the last year, prices have increased by 1.8%. Southwood Riviera is near Douglas/Rosecrans Station, Vista Plaza Shopping Center, and Los Angeles International.
Southeast Torrance
Average Rent
$3,334/Month
Year-Over-Year Rent Change
0.2%
Units Available
14 Rentals
Southeast Torrance is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southeast Torrance is $3,334 while the city average is $2,101. This is a 0.2% difference from last year. Residents enjoy convenient access to Arlington Center, Wardlow Station, and George F. Canyon Preserve & Nature Center.
Harbor Ridge Townhomes
Average Rent
$3,466/Month
Units Available
12 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Harbor Ridge Townhomes. The average rent is $3,466, compared to the city average of $2,101. Harbor Ridge Townhomes is convenient to Del Amo Station, South Coast Botanic Garden, and Harbor College.
Ready to make your move to Torrance? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.