Average Rent in 90503, Torrance, CA

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Current Versus Historical 90503, Torrance, CA Rents

90503 rentals average $1,750 for a studio rental to $6,500 for a 4-bedroom rental. The median price of all currently available listings is $3,550, or roughly $39 per square feet.

For the apartment units and housing in August 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $404 (-18.76%) year-over-year from $2,154 to $1,750. 1-bedroom rentals prices have decreased by $319 (-12.43%) year-over-year from $2,569 to $2,250. 2-bedroom rentals prices have increased by $119 (3.41%) year-over-year from $3,481 to $3,600. 3-bedroom rentals prices have increased by $360 (7.85%) year-over-year from $4,588 to $4,948. 4-bedroom rentals prices have increased by $1,050 (19.27%) year-over-year from $5,450 to $6,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.78% this month. 1-bedroom rents have gone up by 0.15% this month. 2-bedroom rents have gone down by 1.82% this month. 3-bedroom rents have gone up by 8.00% this month. 4-bedroom rents have gone up by 7.14% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$54.25	$1,750	$2,154 (-18.76%)	$2,086 (-16.09%)
1 BR	$40.96	$2,250	$2,569 (-12.43%)	$2,030 (10.84%)
2 BR	$36.42	$3,600	$3,481 (3.41%)	$3,017 (19.34%)
3 BR	$33.52	$4,948	$4,588 (7.85%)	$4,375 (13.09%)
4+ BR	$26.52	$6,500	$5,450 (19.27%)	$5,167 (25.81%)

Historical Rents in 90503, Torrance, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 90503

There are a total of 9 cities nearby 90503. The average rent in 90503 is currently $4,495 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,195, is the most affordable city nearby. In contrast, the most expensive city near 90503, Torrance, CA is Hermosa Beach, CA. Monthly rents here are on average $10,995 per month.

Let's compare 90503, Torrance, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in 90503, Torrance, CA is 2.86% more expensive than other cities nearby. One bedrooms are about 13.64% more affordable. Two bedrooms in 90503, Torrance, CA are about 2.64% more affordable. Finally, rent for three bedrooms are about 11.52% more affordable. Want more information? Check out the top 9 cities near 90503, Torrance, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Hawthorne, CA	$1,645	$1,770	$2,600	$2,195
Inglewood, CA	$1,700	$1,995	$2,500	$2,450
Torrance, CA	$1,750	$2,200	$3,295	$3,725
Culver City, CA	$2,638	$2,500	$3,500	$4,173
Santa Monica, CA	$2,325	$2,995	$4,975	$4,495
Redondo Beach, CA	$2,348	$2,754	$3,695	$4,800
Rancho Palos Verdes, CA	N/A	$2,475	$3,950	$5,500
Manhattan Beach, CA	N/A	$6,200	$6,000	$9,500
Hermosa Beach, CA	N/A	$3,600	$4,563	$10,995

Top Neighborhoods Near 90503

There are a total of 18 neighborhoods in or near 90503. Some of these neighborhoods include Park Mesa Heights, Congress North, and Congress Southeast. We've included all of these top 18 neighborhoods in or near 90503, Torrance, CA in the following table.

The average rent for these 18 neighborhoods in or near 90503, Torrance, CA is currently around $3,889 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $3,889. Interestingly, the neighborhoods' average rent is higher than 90503's average rent, which is only $3,550. Out of all the neighborhoods in or near 90503, Park Mesa Heights has the most affordable average rent at $2,149 per month. Whereas, at $6,150 average rent per month, Venice is the most expensive neighborhood in or near 90503. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Park Mesa Heights, Los Angeles, CA	$2,500	$1,725	$2,250	$2,149
Congress North, Los Angeles, CA	$1,700	$1,699	$2,393	$2,450
Congress Southeast, Los Angeles, CA	$1,500	$1,800	$2,400	$2,450
Voices of 90037, Los Angeles, CA	$1,385	$1,550	$2,400	$2,500
Downtown Long Beach, Long Beach, CA	$1,525	$2,450	$3,048	$2,599
Congress West, Los Angeles, CA	$1,696	$1,650	$2,975	$2,700
Palms, Los Angeles, CA	$2,285	$3,478	$3,795	$3,478
Mar Vista, Los Angeles, CA	$2,695	$2,975	$3,098	$3,495
West Adams, Los Angeles, CA	$1,995	N/A	$2,785	$3,683
Westchester-Playa Del Rey, Los Angeles, CA	$1,673	$2,975	$4,200	$4,095
Wilshire-Montana, Santa Monica, CA	$2,048	$3,000	$5,000	$4,200
South Redondo Beach, Redondo Beach, CA	$2,348	$2,850	$4,125	$4,250
Marina del Rey, Los Angeles, CA	$2,217	$3,213	$4,756	$4,400
Mid-City, Santa Monica, CA	$2,400	$3,200	$4,498	$4,548
North Redondo Beach, Redondo Beach, CA	N/A	$2,300	$3,545	$4,873
Northwest San Pedro, Los Angeles, CA	N/A	$2,443	$4,150	$4,895
Ocean Park, Santa Monica, CA	$3,025	$2,750	$6,995	$4,995
Venice, Los Angeles, CA	$2,295	$3,600	$5,750	$6,150

Top Counties Near 90503

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 90503

There are a total of 22 zipcodes in or near 90503, Torrance, CA. The average rent for all of these zipcodes is $2,955. A total of 12 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90813, Long Beach, CA at $1,895 per month. In comparison, the zipcode with the most expensive average rent of $5,873 per month is 90292, Marina del Rey, CA.

Studios in these zipcodes have an average rent of $1,680. That's at least $55 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 90503, Torrance, CA is $2,225 per month. Or in other words, $40 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,173 per month. Which comes out to $39 per sqft. The following table includes the top 10 zipcodes in 90503, Torrance, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
90291, Los Angeles, CA	$2,247	$3,475	$4,995	$5,448
90277, Redondo Beach, CA	$2,348	$2,850	$4,060	$4,831
90045, Los Angeles, CA	$1,673	$2,820	$3,487	$3,110
90292, Marina del Rey, CA	$2,346	$3,800	$6,149	$5,873
90731, Los Angeles, CA	$2,314	$1,995	$2,895	$2,800
90802, Long Beach, CA	$1,650	$2,150	$3,000	$2,510
90278, Redondo Beach, CA	N/A	$2,300	$3,423	$4,873
90007, Los Angeles, CA	$1,688	$1,800	$2,375	$2,450
90044, Westmont, CA	$1,450	$1,800	$2,300	$2,200
90250, Hawthorne, CA	$1,450	$1,750	$2,650	$2,500

Frequently Asked Questions - 90503 Average Rents

What is the average rent price in 90503, Torrance, CA?

The average monthly rental price for 90503, Torrance, CA apartments for rent is approximately $3,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 90503, Torrance, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 90503, Torrance, CA.

How much is a studio apartment in 90503, Torrance, CA?

The average monthly rental price for studio apartments is $1,750 and an average price per square feet of $54.25. There are a total of 7 studio apartment listings currently available for rent in 90503.

How much is a one bedroom apartment in 90503, Torrance, CA?

The average monthly rental price for one bedroom apartments is $2,200 and an average price per square feet of $40.96. There are a total of 11 one bedroom apartment listings currently available for rent in 90503.

How much is a two bedroom apartment in 90503, Torrance, CA?

The average monthly rental price for two bedroom apartments is $3,600 and an average price per square feet of $36.42. There are a total of 17 two bedroom apartment listings currently available for rent in 90503.

How have rent prices in 90503, Torrance, CA changed this year?

Rent prices for rentals in 90503, Torrance, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.19%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by 0.03%, three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in 90503, Torrance, CA?

A reasonable rent price in 90503, Torrance, CA is around $2,840/month. You can search for these reasonably priced rental listings on RentHop.