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 $4,500 for a 3-bedroom rental. The median price of all currently available listings is $3,300, or roughly $38 per square feet.
For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $169 (-8.79%) year-over-year from $1,919 to $1,750. 1-bedroom rentals prices have decreased by $90 (-3.90%) year-over-year from $2,313 to $2,223. 2-bedroom rentals prices have increased by $19 (0.54%) year-over-year from $3,481 to $3,500. 3-bedroom rentals prices have decreased by $204 (-4.34%) year-over-year from $4,704 to $4,500. 4-bedroom rentals prices have increased by $288 (5.36%) year-over-year from $5,363 to $5,650. 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 4.89% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 2.78% this month. 3-bedroom rents have gone down by 2.14% this month. 4-bedroom rents have gone down by 3.14% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $54.18 $1,750 $1,919 (-8.79%) $1,732 (1.04%)
1 BR $40.96 $2,223 $2,313 (-3.90%) $2,028 (9.57%)
2 BR $35.44 $3,500 $3,481 (0.54%) $2,796 (25.19%)
3 BR $36.56 $4,500 $4,704 (-4.34%) $4,308 (4.45%)

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 $3,950 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,155, 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 $9,950 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 on par with the other cities nearby. One bedrooms are about 2.22% more expensive. Two bedrooms in 90503, Torrance, CA are about 2.14% more affordable. Finally, rent for three bedrooms are about 11.94% 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 $1,695 $1,800 $2,413 $2,155
Inglewood, CA $1,750 $2,150 $2,573 $2,450
Gardena, CA $1,775 $1,925 $2,475 $2,700
Culver City, CA $2,575 $2,500 $3,575 $3,925
Torrance, CA $1,750 $2,200 $3,450 $3,950
Santa Monica, CA $2,432 $2,998 $5,000 $4,510
Redondo Beach, CA N/A $2,700 $3,895 $4,999
Rancho Palos Verdes, CA N/A $1,988 $3,850 $5,325
Hermosa Beach, CA N/A $3,650 $5,500 $9,950

Top Neighborhoods Near 90503

There are a total of 15 neighborhoods in or near 90503. Some of these neighborhoods include Congress West, Downtown Long Beach, and Congress Southeast. We've included all of these top 15 neighborhoods in or near 90503, Torrance, CA in the following table.

The average rent for these 15 neighborhoods in or near 90503, Torrance, CA is currently around $3,950 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $3,950. Interestingly, the neighborhoods' average rent is higher than 90503's average rent, which is only $3,300. Out of all the neighborhoods in or near 90503, Congress West has the most affordable average rent at $2,195 per month. Whereas, at $6,559 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
Congress West, Los Angeles, CA $1,570 $1,675 $2,597 $2,195
Downtown Long Beach, Long Beach, CA $1,575 $2,500 $2,938 $2,400
Congress Southeast, Los Angeles, CA $2,121 $2,424 $2,350 $2,424
Congress North, Los Angeles, CA $1,700 $1,750 $2,300 $2,548
West Adams, Los Angeles, CA $1,948 $1,847 $2,673 $3,483
Mar Vista, Los Angeles, CA $2,450 $2,847 $3,106 $3,489
Palms, Los Angeles, CA $1,850 $3,573 $3,775 $3,525
Westchester-Playa Del Rey, Los Angeles, CA $1,505 $2,950 $4,400 $3,950
Wilshire-Montana, Santa Monica, CA $1,995 $2,999 $5,000 $4,250
Marina del Rey, Los Angeles, CA $2,493 $3,565 $4,741 $4,400
Mid-City, Santa Monica, CA N/A $2,895 $4,395 $4,500
Northwest San Pedro, Los Angeles, CA N/A $2,523 $3,898 $4,900
South Redondo Beach, Redondo Beach, CA N/A $2,800 $4,473 $4,950
Ocean Park, Santa Monica, CA $2,599 $3,000 $6,205 $5,373
Venice, Los Angeles, CA $2,200 $3,152 $5,845 $6,559

Top Counties Near 90503



County Studio 1 Bed 2 Bed All

Top Zipcodes Near 90503

There are a total of 20 zipcodes in or near 90503, Torrance, CA. The average rent for all of these zipcodes is $2,946. A total of 11 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 $1,800 per month. In comparison, the zipcode with the most expensive average rent of $5,500 per month is 90291, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,571. That's at least $47 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 $2,095 per month. Or in other words, $43 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,025 per month. Which comes out to $37 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 $2,200 $2,875 $5,250 $5,500
90277, Redondo Beach, CA N/A $2,800 $4,695 $5,350
90045, Los Angeles, CA $1,541 $2,917 $3,500 $2,995
90292, Marina del Rey, CA $2,349 $3,995 $6,073 $5,300
90731, Los Angeles, CA $1,650 $1,950 $2,750 $2,750
90802, Long Beach, CA $1,595 $2,195 $2,725 $2,298
90278, Redondo Beach, CA N/A $2,598 $3,300 $5,200
90007, Los Angeles, CA $1,695 $1,825 $2,285 $2,450
90044, Westmont, CA $1,400 $1,800 $2,195 $2,095
90250, Hawthorne, CA $1,573 $1,800 $2,425 $2,200

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 $3,300. 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 $54.18. There are a total of 8 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 $2,250 and an average price per square feet of $40.96. There are a total of 13 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 $3,500 and an average price per square feet of $35.44. There are a total of 13 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 -0.09%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in 90503, Torrance, CA?
A reasonable rent price in 90503, Torrance, CA is around $2,640/month. You can search for these reasonably priced rental listings on RentHop.