Cheapest Neighborhoods in Torrance, CA

Some of the cheapest neighborhoods in Torrance are Harbor, Olde Torrance Neighborhood, and Delthome. These neighborhoods offer some of the lowest rent prices in Torrance, making them ideal for renters on a budget. As of July 9, 2026, the average rent in Torrance is $2,091, which is 1.2% 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

$1,955/Month

Year-Over-Year Rent Change

0.7%

Units Available

16 Rentals

Harbor is an affordable neighborhood in Torrance with an average rent price of $1,955. Compare this to the city average of $2,091. In the past year, rent prices have increased by 0.7%. Harbor provides easy access to The Square, Del Amo Station, and Madrona Marsh Preserve & Nature Center.

Olde Torrance Neighborhood

Average Rent

$2,142/Month

Year-Over-Year Rent Change

0.9%

Units Available

19 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 $2,142, while the city’s average stands at $2,091. In the last year, prices have increased by 0.9%. Olde Torrance Neighborhood is near George F. Canyon Preserve & Nature Center, Harbor College, and Compton Creek Natural Park at George Washington Elementary.

Delthome

Average Rent

$2,205/Month

Year-Over-Year Rent Change

1.9%

Units Available

19 Rentals

Delthome is a top choice for budget-conscious renters for a variety of reasons. The average rent in Delthome is $2,205 while the city average is $2,091. This is a 1.9% difference from last year. Residents enjoy convenient access to Marine/Redondo Station, South Coast Botanic Garden, and Torrance Village.

South Bay

Average Rent

$2,448/Month

Year-Over-Year Rent Change

0.9%

Units Available

528 Rentals

When you’re looking for a great Torrance neighborhood on a budget, check out South Bay. The average rent is $2,448, compared to the city average of $2,091. Rent prices have increased by 0.9%. South Bay is convenient to Harbor Gateway Center, El Camino College, Compton, and The Shops at South Bay.

Hillside

Average Rent

$2,633/Month

Year-Over-Year Rent Change

0.7%

Units Available

12 Rentals

Hillside is an affordable neighborhood in Torrance with an average rent price of $2,633. Compare this to the city average of $2,091. In the past year, rent prices have decreased by 0.7%. Hillside provides easy access to Crenshaw Coast Center, 2690 Pacific Coast Hwy, and Los Angeles International.

Walteria

Average Rent

$2,938/Month

Year-Over-Year Rent Change

0.3%

Units Available

24 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 $2,938, while the city’s average stands at $2,091. In the last year, prices have decreased by 0.3%. Walteria is near Cal State Dominguez Hills, Long Beach (Daugherty Field), and El Segundo/Nash Station.

Southeast Torrance

Average Rent

$3,243/Month

Year-Over-Year Rent Change

0.3%

Units Available

18 Rentals

Southeast Torrance is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southeast Torrance is $3,243 while the city average is $2,091. This is a -0.3% difference from last year. Residents enjoy convenient access to Willow Station, Marine/Redondo Station, and El Camino College, Torrance.

Southwood Riviera

Average Rent

$3,418/Month

Year-Over-Year Rent Change

1.3%

Units Available

51 Rentals

When you’re looking for a great Torrance neighborhood on a budget, check out Southwood Riviera. The average rent is $3,418, compared to the city average of $2,091. Rent prices have increased by 1.3%. Southwood Riviera is convenient to Marine/Redondo Station, Madrona Marsh Preserve & Nature Center, and Crenshaw Station.

Southwood

Average Rent

$3,470/Month

Units Available

48 Rentals

Southwood is an affordable neighborhood in Torrance with an average rent price of $3,470. Compare this to the city average of $2,091. Southwood provides easy access to Anza Center, Los Angeles Southwest College, and El Camino College, Torrance.

Torrance Heights Civic

Average Rent

$3,667/Month

Year-Over-Year Rent Change

0.4%

Units Available

42 Rentals

If you’re looking for a great, affordable neighborhood in Torrance, Torrance Heights Civic might be the perfect place! It has an average rent price of $3,667, while the city’s average stands at $2,091. In the last year, prices have increased by 0.4%. Torrance Heights Civic is near Cal State Dominguez Hills, Abalone Cove Shoreline Park, and Harbor College.

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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.