Average Rent in 90503, Torrance, CA

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Current Versus Historical 90503, Torrance, CA Rents

90503 rentals average $1,895 for a studio rental to $5,150 for a 4-bedroom rental. The median price of all currently available listings is $3,800, or roughly $36 per square feet.

For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $659 (-27.37%) year-over-year from $2,406 to $1,748. 1-bedroom rentals prices have decreased by $555 (-21.72%) year-over-year from $2,555 to $2,000. 2-bedroom rentals prices have increased by $140 (3.92%) year-over-year from $3,561 to $3,700. 3-bedroom rentals prices have decreased by $200 (-4.55%) year-over-year from $4,400 to $4,200. 4-bedroom rentals prices have decreased by $1,191 (-18.28%) year-over-year from $6,516 to $5,325. 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 15.75% this month. 1-bedroom rents have gone down by 2.36% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 6.32% this month. 4-bedroom rents have gone up by 1.01% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$42.67	$1,748	$2,406 (-27.37%)	$2,121 (-17.60%)
1 BR	$37.12	$2,000	$2,555 (-21.72%)	$2,030 (-1.48%)
2 BR	$35.06	$3,700	$3,561 (3.92%)	$3,133 (18.09%)
3 BR	$33.18	$4,200	$4,400 (-4.55%)	$4,150 (1.20%)
4+ BR	$31.17	$5,325	$6,516 (-18.28%)	$5,100 (4.41%)

Historical Rents in 90503, Torrance, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 90503

There are a total of 7 cities nearby 90503. The average rent in 90503 is currently $3,995 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 $2,225, 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 $6,950 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 6.46% more expensive than other cities nearby. One bedrooms are about 13.90% more affordable. Two bedrooms in 90503, Torrance, CA are about 8.11% more expensive. Finally, rent for three bedrooms are about 15.68% more affordable. Want more information? Check out the top 7 cities near 90503, Torrance, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Hawthorne, CA	$1,550	$1,795	$2,500	$2,225
Inglewood, CA	$1,700	$2,000	$2,695	$2,550
Torrance, CA	$1,773	$2,195	$3,343	$3,973
Culver City, CA	$2,575	$2,500	$3,400	$3,995
Santa Monica, CA	$2,225	$2,895	$4,995	$4,500
Redondo Beach, CA	$3,000	$2,895	$3,768	$4,650
Hermosa Beach, CA	N/A	$3,595	$5,100	$6,950

Top Neighborhoods Near 90503

There are a total of 15 neighborhoods in or near 90503. Some of these neighborhoods include Voices of 90037, Congress North, and Downtown Long Beach. 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 $3,500 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $3,500. Interestingly, the neighborhoods' average rent is less than 90503's average rent, which is actually $3,800. Out of all the neighborhoods in or near 90503, Voices of 90037 has the most affordable average rent at $2,450 per month. Whereas, at $5,995 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
Voices of 90037, Los Angeles, CA	$1,295	$1,850	$2,300	$2,450
Congress North, Los Angeles, CA	$1,850	$1,750	$2,450	$2,550
Downtown Long Beach, Long Beach, CA	$1,595	$2,519	$2,948	$2,595
Congress Southeast, Los Angeles, CA	$1,450	$1,800	$2,550	$2,750
Sunset Park, Santa Monica, CA	$2,200	$2,625	$4,100	$2,850
Mar Vista, Los Angeles, CA	$2,548	$2,595	$3,248	$3,248
Westchester-Playa Del Rey, Los Angeles, CA	$1,645	$2,775	$3,849	$3,325
Palms, Los Angeles, CA	$2,200	$3,486	$4,450	$3,500
West Adams, Los Angeles, CA	N/A	$2,200	$2,695	$3,900
Wilshire-Montana, Santa Monica, CA	$1,895	$2,847	$4,500	$4,285
Mid-City, Santa Monica, CA	$2,038	$2,895	$4,500	$4,500
South Redondo Beach, Redondo Beach, CA	$3,000	$2,937	$4,223	$4,595
Marina del Rey, Los Angeles, CA	$2,243	$3,295	$5,100	$4,950
Ocean Park, Santa Monica, CA	$4,000	$3,500	$6,848	$5,673
Venice, Los Angeles, CA	$2,350	$3,725	$5,763	$5,995

Top Counties Near 90503

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near 90503

There are a total of 16 zipcodes in or near 90503, Torrance, CA. The average rent for all of these zipcodes is $2,716. A total of 10 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 $2,200 per month. In comparison, the zipcode with the most expensive average rent of $5,763 per month is 90292, Marina del Rey, CA.

Studios in these zipcodes have an average rent of $1,749. 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 $2,053 per month. Or in other words, $39 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,746 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	$2,262	$3,495	$5,250	$5,500
90277, Redondo Beach, CA	$3,000	$2,937	$4,195	$4,943
90045, Los Angeles, CA	$1,622	$2,724	$3,454	$2,783
90292, Marina del Rey, CA	$3,000	$3,889	$5,788	$5,763
90802, Long Beach, CA	$1,645	$2,125	$2,698	$2,473
90731, Los Angeles, CA	$2,295	$1,924	$2,795	$2,650
90007, Los Angeles, CA	$1,850	$1,850	$2,275	$2,500
90066, Los Angeles, CA	$1,648	$2,595	$4,348	$3,873
90044, Westmont, CA	$1,563	$1,980	$2,300	$2,350
90405, Santa Monica, CA	$2,350	$2,710	$5,650	$4,195

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 $3,800. 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 $1,895 and an average price per square feet of $42.67. There are a total of 3 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 $2,195 and an average price per square feet of $37.12. There are a total of 15 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 $3,700 and an average price per square feet of $35.06. There are a total of 12 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 -0.27%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by 0.04%, three bedroom rental prices have changed by -0.05% year-over-year.

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

A reasonable rent price in 90503, Torrance, CA is around $3,040/month. You can search for these reasonably priced rental listings on RentHop.