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 February 24, 2026, the average rent in Torrance is $2,013, which is 0.4% 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
$1,964/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
34/100
Units Available
17 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Harbor. The average rent is $1,964, compared to the city average of $2,013. Rent prices have increased by 2.3%. Harbor is convenient to Madrona Marsh Preserve & Nature Center, Los Angeles International, and El Camino College, Torrance. The community is somewhat walkable with a WalkScore® of 59.
Olde Torrance
Average Rent
$2,095/Month
TransitScore® Rating
40/100
Units Available
25 Rentals
Olde Torrance is an affordable neighborhood in Torrance with an average rent price of $2,095. Compare this to the city average of $2,013. Olde Torrance provides easy access to Douglas/Rosecrans Station, Madrona Marsh Preserve & Nature Center, and Long Beach (Daugherty Field). It’s a walkable neighborhood with a WalkScore® of 88.
Olde Torrance Neighborhood
Average Rent
$2,153/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
39/100
Units Available
22 Rentals
If you’re looking for a great, affordable neighborhood in Torrance, Olde Torrance Neighborhood might be the perfect place! It has an average rent price of $2,153, while the city’s average stands at $2,013. In the last year, prices have decreased by 1.4%. Olde Torrance Neighborhood is near Douglas/Rosecrans Station, Crenshaw Station, and Marine/Redondo Station.
South Bay
Average Rent
$2,282/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
33/100
Units Available
535 Rentals
South Bay is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Bay is $2,282 while the city average is $2,013. This is a 0.6% difference from last year. Residents enjoy convenient access to Artesia Station, Banning Residence Museum, and El Camino College, Compton. The neighborhood is considered somewhat walkable with a WalkScore® of 68.
Southwood Riviera
Average Rent
$2,300/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
39/100
Units Available
22 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Southwood Riviera. The average rent is $2,300, compared to the city average of $2,013. Rent prices have decreased by 0.3%. Southwood Riviera is convenient to Anza Shopping Center, Long Beach (Daugherty Field), and Los Angeles International. The community is walkable with a WalkScore® of 84.
Delthome
Average Rent
$2,343/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
36/100
Units Available
29 Rentals
Delthome is an affordable neighborhood in Torrance with an average rent price of $2,343. Compare this to the city average of $2,013. In the past year, rent prices have increased by 1.5%. Delthome provides easy access to Torrance Village, Marine/Redondo Station, and Los Angeles Southwest College. It’s a somewhat walkable neighborhood with a WalkScore® of 64.
Walteria
Average Rent
$3,263/Month
TransitScore® Rating
37/100
Units Available
40 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 $3,263, while the city’s average stands at $2,013. In the last year, prices have decreased by 0%. Walteria is near Madrona Marsh Preserve & Nature Center, Madison Park, and Harbor College.
Southeast Torrance
Average Rent
$3,332/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
33/100
Units Available
36 Rentals
Southeast Torrance is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southeast Torrance is $3,332 while the city average is $2,013. This is a 1.2% difference from last year. Residents enjoy convenient access to Marine/Redondo Station, George F. Canyon Preserve & Nature Center, and Del Amo Station. The neighborhood is considered walkable with a WalkScore® of 76.
Marble Estates
Average Rent
$3,954/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
30/100
Units Available
24 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Marble Estates. The average rent is $3,954, compared to the city average of $2,013. Rent prices have increased by 0.4%. Marble Estates is convenient to El Camino College, Torrance, Los Angeles Southwest College, and Del Amo Station. The community is somewhat walkable with a WalkScore® of 64.
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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.