Most Affordable Neighborhoods in Torrance, CA
Some of the cheapest neighborhoods in Torrance are Southwood, Harbor, and Madrona. These neighborhoods offer some of the lowest rent prices in Torrance, making them ideal for renters on a budget. As of April 3, 2025, the average rent in Torrance is $1,988, which is 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.
Southwood
Average Rent
$1,675/Month
TransitScore® Rating
43/100
Units Available
2 Rentals
If you’re looking for a great, affordable neighborhood in Torrance, Southwood might be the perfect place! It has an average rent price of $1,675, while the city’s average stands at $1,988. Southwood is near Sepulveda/Anza Strip Center, Mariposa/Nash Station, and Cal State Dominguez Hills.
Harbor
Average Rent
$1,974/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
34/100
Units Available
12 Rentals
Harbor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Harbor is $1,974 while the city average is $1,988. This is a 0.9% difference from last year. Residents enjoy convenient access to Compton Creek Natural Park at George Washington Elementary, Madrona Marsh Preserve & Nature Center, and Wardlow Station. The neighborhood is considered somewhat walkable with a WalkScore® of 59.
Madrona
Average Rent
$2,000/Month
TransitScore® Rating
37/100
Units Available
1 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Madrona. The average rent is $2,000, compared to the city average of $1,988. Madrona is convenient to Douglas/Rosecrans Station, Mariposa/Nash Station, and Banning Residence Museum. The community is walkable with a WalkScore® of 75.
Delthome
Average Rent
$2,194/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
36/100
Units Available
25 Rentals
Delthome is an affordable neighborhood in Torrance with an average rent price of $2,194. Compare this to the city average of $1,988. In the past year, rent prices have increased by 1.4%. Delthome provides easy access to Mariposa/Nash Station, El Camino College, Torrance, and Los Angeles International. It’s a somewhat walkable neighborhood with a WalkScore® of 64.
Olde Torrance Neighborhood
Average Rent
$2,346/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
39/100
Units Available
42 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 $2,346, while the city’s average stands at $1,988. In the last year, prices have decreased by 4.6%. Olde Torrance Neighborhood is near Carson Plaza, Marine/Redondo Station, and Los Angeles Southwest College.
South Bay
Average Rent
$2,353/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
33/100
Units Available
390 Rentals
South Bay is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Bay is $2,353 while the city average is $1,988. This is a 0.6% difference from last year. Residents enjoy convenient access to Vermont Station, George F. Canyon Preserve & Nature Center, and Compton Creek Natural Park at George Washington Elementary. The neighborhood is considered somewhat walkable with a WalkScore® of 69.
Southwood Riviera
Average Rent
$2,354/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
39/100
Units Available
12 Rentals
When you’re looking for a great Torrance neighborhood on a budget, check out Southwood Riviera. The average rent is $2,354, compared to the city average of $1,988. Rent prices have increased by 0.8%. Southwood Riviera is convenient to Marine/Redondo Station, Crenshaw Station, and Cal State Dominguez Hills. The community is walkable with a WalkScore® of 84.
Torrance Heights Civic
Average Rent
$2,447/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
38/100
Units Available
1 Rentals
Torrance Heights Civic is an affordable neighborhood in Torrance with an average rent price of $2,447. Compare this to the city average of $1,988. In the past year, rent prices have decreased by 0.1%. Torrance Heights Civic provides easy access to Arjay Plaza, El Segundo/Nash Station, and George F. Canyon Preserve & Nature Center. It’s a walkable neighborhood with a WalkScore® of 79.
New Horizons South Bay
Average Rent
$2,450/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
36/100
Units Available
1 Rentals
If you’re looking for a great, affordable neighborhood in Torrance, New Horizons South Bay might be the perfect place! It has an average rent price of $2,450, while the city’s average stands at $1,988. In the last year, prices have increased by 1.7%. New Horizons South Bay is near South Coast Botanic Garden, Cal State Dominguez Hills, and Los Angeles International.
Del Amo Fashion Center
Average Rent
$2,568/Month
TransitScore® Rating
44/100
Units Available
2 Rentals
Del Amo Fashion Center is a top choice for budget-conscious renters for a variety of reasons. The average rent in Del Amo Fashion Center is $2,568 while the city average is $1,988. Residents enjoy convenient access to Mariposa/Nash Station, F&M Bank Center, and Ralphs & Target Del Amo Fashion Mall. The neighborhood is considered walkable with a WalkScore® of 85.
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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.