Best Affordable 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 January 5, 2026, the average rent in Torrance is $2,010, which is 0.5% 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
$1,992/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
34/100
Units Available
22 Rentals
Harbor is an affordable neighborhood in Torrance with an average rent price of $1,992. Compare this to the city average of $2,010. In the past year, rent prices have increased by 2.3%. Harbor provides easy access to Carson Normandie Plaza, Artesia Station, and El Camino College, Torrance. It’s a somewhat walkable neighborhood with a WalkScore® of 59.
Olde Torrance
Average Rent
$2,164/Month
TransitScore® Rating
40/100
Units Available
35 Rentals
If you’re looking for a great, affordable neighborhood in Torrance, Olde Torrance might be the perfect place! It has an average rent price of $2,164, while the city’s average stands at $2,010. Olde Torrance is near Douglas/Rosecrans Station, Torrance Plaza, and Madrona Marsh Preserve & Nature Center.
Olde Torrance Neighborhood
Average Rent
$2,234/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
39/100
Units Available
32 Rentals
Olde Torrance Neighborhood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Olde Torrance Neighborhood is $2,234 while the city average is $2,010. This is a -1.7% difference from last year. Residents enjoy convenient access to South Coast Botanic Garden, Del Amo Station, and Eastgate Plaza. The neighborhood is considered walkable with a WalkScore® of 78.
Delthome
Average Rent
$2,265/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
36/100
Units Available
21 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Delthome. The average rent is $2,265, compared to the city average of $2,010. Rent prices have increased by 1.3%. Delthome is convenient to El Segundo/Nash Station, Marine/Redondo Station, and Los Angeles International. The community is somewhat walkable with a WalkScore® of 64.
South Bay
Average Rent
$2,273/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
33/100
Units Available
549 Rentals
South Bay is an affordable neighborhood in Torrance with an average rent price of $2,273. Compare this to the city average of $2,010. In the past year, rent prices have increased by 1.1%. South Bay provides easy access to Madrona Marsh Preserve & Nature Center, Harbor College, and Del Amo Station. It’s a somewhat walkable neighborhood with a WalkScore® of 68.
Southwood Riviera
Average Rent
$2,368/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
39/100
Units Available
20 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 $2,368, while the city’s average stands at $2,010. In the last year, prices have decreased by 0.2%. Southwood Riviera is near Douglas/Rosecrans Station, Cal State Dominguez Hills, and Madrona Marsh Preserve & Nature Center.
Harbor Ridge Townhomes
Average Rent
$2,860/Month
TransitScore® Rating
0/100
Units Available
12 Rentals
Harbor Ridge Townhomes is a top choice for budget-conscious renters for a variety of reasons. The average rent in Harbor Ridge Townhomes is $2,860 while the city average is $2,010. Residents enjoy convenient access to Del Amo Station, Wardlow Station, and South Coast Botanic Garden. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
Walteria
Average Rent
$3,293/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
37/100
Units Available
32 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Walteria. The average rent is $3,293, compared to the city average of $2,010. Rent prices have increased by 0.4%. Walteria is convenient to George F. Canyon Preserve & Nature Center, 24226-24228 Hawthorne, and Cal State Dominguez Hills. The community is walkable with a WalkScore® of 73.
Southeast Torrance
Average Rent
$3,347/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
33/100
Units Available
30 Rentals
Southeast Torrance is an affordable neighborhood in Torrance with an average rent price of $3,347. Compare this to the city average of $2,010. In the past year, rent prices have increased by 0.9%. Southeast Torrance provides easy access to Los Angeles International, Del Amo Station, and Artesia Station. It’s a walkable neighborhood with a WalkScore® of 76.
Marble Estates
Average Rent
$3,951/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
30/100
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Torrance, Marble Estates might be the perfect place! It has an average rent price of $3,951, while the city’s average stands at $2,010. In the last year, prices have increased by 0.4%. Marble Estates is near Marine/Redondo Station, Del Amo Station, and N.E.C. Crenshaw at 239th St..
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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.