Most Affordable Neighborhoods in Torrance, CA
Some of the cheapest neighborhoods in Torrance are Harbor, Delthome, and South Bay. These neighborhoods offer some of the lowest rent prices in Torrance, making them ideal for renters on a budget. As of August 9, 2025, the average rent in Torrance is $2,005, which is 1.1% 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
$2,087/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
34/100
Units Available
16 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Harbor. The average rent is $2,087, compared to the city average of $2,005. Rent prices have increased by 3.3%. Harbor is convenient to Los Angeles International, Artesia Station, and Harbor College. The community is somewhat walkable with a WalkScore® of 59.
Delthome
Average Rent
$2,204/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
36/100
Units Available
17 Rentals
Delthome is an affordable neighborhood in Torrance with an average rent price of $2,204. Compare this to the city average of $2,005. In the past year, rent prices have increased by 1.2%. Delthome provides easy access to Village Del Amo, Banning Residence Museum, and Torrance Village. It’s a somewhat walkable neighborhood with a WalkScore® of 64.
South Bay
Average Rent
$2,276/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
33/100
Units Available
371 Rentals
If you’re looking for a great, affordable neighborhood in Torrance, South Bay might be the perfect place! It has an average rent price of $2,276, while the city’s average stands at $2,005. In the last year, prices have increased by 1.7%. South Bay is near Del Amo Station, Harbor Fwy Station, and Harbor College.
Southwood Riviera
Average Rent
$2,367/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
39/100
Units Available
10 Rentals
Southwood Riviera is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southwood Riviera is $2,367 while the city average is $2,005. This is a 0.3% difference from last year. Residents enjoy convenient access to George F. Canyon Preserve & Nature Center, Mariposa/Nash Station, and Anza Shopping Center. The neighborhood is considered walkable with a WalkScore® of 84.
Olde Torrance Neighborhood
Average Rent
$2,466/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
39/100
Units Available
35 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Olde Torrance Neighborhood. The average rent is $2,466, compared to the city average of $2,005. Rent prices have increased by 0.4%. Olde Torrance Neighborhood is convenient to Long Beach (Daugherty Field), George F. Canyon Preserve & Nature Center, and Harbor College. The community is walkable with a WalkScore® of 78.
Olde Torrance
Average Rent
$2,467/Month
TransitScore® Rating
40/100
Units Available
35 Rentals
Olde Torrance is an affordable neighborhood in Torrance with an average rent price of $2,467. Compare this to the city average of $2,005. Olde Torrance provides easy access to George F. Canyon Preserve & Nature Center, Marine/Redondo Station, and Long Beach (Daugherty Field). It’s a walkable neighborhood with a WalkScore® of 88.
Walteria
Average Rent
$2,627/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
37/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Torrance, Walteria might be the perfect place! It has an average rent price of $2,627, while the city’s average stands at $2,005. In the last year, prices have increased by 1.8%. Walteria is near Madison Park, El Camino College, Torrance, and Abalone Cove Shoreline Park.
Southeast Torrance
Average Rent
$2,788/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
33/100
Units Available
17 Rentals
Southeast Torrance is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southeast Torrance is $2,788 while the city average is $2,005. This is a 3.6% difference from last year. Residents enjoy convenient access to Banning Residence Museum, Cal State Dominguez Hills, and Madrona Marsh Preserve & Nature Center. The neighborhood is considered walkable with a WalkScore® of 76.
Harbor Ridge Townhomes
Average Rent
$2,985/Month
TransitScore® Rating
0/100
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 $2,985, compared to the city average of $2,005. Harbor Ridge Townhomes is convenient to Wardlow Station, Artesia Station, and Los Angeles International. The community is somewhat walkable with a WalkScore® of 68.
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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.