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City · 142,130 residents · Los Angeles County, California

Torrance , California

In Torrance, a typical home is worth $1,074,700 and typical rent is $2,280 a month. Compared with all of Los Angeles County, typical household income is 29% higher, the typical home value is 29% higher, and the share of households that own their home is 9 points higher.

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  • Typical home value

    $1,074,700

    29% above the county

    46% above California

    • Torrance
    • Los Angeles
    • California

  • Typical rent

    $2,280a month

    17% above the county

    12% above California

    • Torrance
    • Los Angeles
    • California

  • Typical household income

    $116,217a year

    29% above the county

    17% above California

    • Torrance
    • Los Angeles
    • California

  • Households that own their home

    55%

    9 points above the county

    1 points below California

    • Torrance
    • Los Angeles
    • California

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$1,100,115
1.9% more than 12 months ago
Typical rent
$3,006 a month
3.5% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Torrance is in Los Angeles County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Los Angeles County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Torrance apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in West Carson, the typical home value is $689,700: 36% less than in Torrance ($1,074,700).

  2. The typical household income in Torrance is $116,217, 29% more than in Los Angeles County as a whole ($90,112).

  3. The typical home in Torrance is worth $1,074,700, 29% more than in Los Angeles County as a whole ($834,200).

  4. Nearby, in West Carson, the typical rent is $1,891: 17% less than in Torrance ($2,280).

  5. The typical rent in Torrance is $2,280 a month, 17% more than in Los Angeles County as a whole ($1,954).

  6. 55% of households in Torrance own their home, against 46% in Los Angeles County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Torrance

What homes there are in Torrance, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 53% of homes here, against 47% in Los Angeles County.

Year built

The typical year built in Torrance is 1964, about the same as in Los Angeles County (1965).

Homes in Torrance are bigger: 54% have 3 bedrooms or more; in Los Angeles County, 44%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $1,249,125, at least 41% of owner-occupied homes in Torrance sit below it: they are worth less than $1,000,000.

Monthly rent with utilities

By rent, most homes in Torrance cost less than HUD's 2-bedroom fair market rent ($2,964): about 76%.

With a mortgage

$3,656 a month

Los Angeles County: $3,160 a month

Without a mortgage

$854 a month

Los Angeles County: $843 a month

Owners with a mortgage

64%

Los Angeles County: 68%

The typical cost for an owner with a mortgage in Torrance is $3,656 a month, more than in Los Angeles County ($3,160); without one, $854.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Much as in Los Angeles County, the typical home value in Torrance rose 41% since 2015–2019.

Rents in Torrance rose at about the same pace as in Los Angeles County: 31% since 2015–2019, against 34%.

Housing prices ran ahead of income in Torrance: typical income rose 24%, against +41% for home values and +31% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureTorranceLos Angeles CountyCaliforniaUnited States
Rental vacancy 3.6%4.0%4.2%5.5%
Homeowner vacancy Unreliable estimate0.7%0.8%0.9%
More than one person per room 6.2%10.9%8.2%3.4%
People per household 2.562.812.842.53
Drive alone 70%65%66%69%
Carpool 6%9%10%9%
Public transit 1%4%3%3%
Walk or bike 1%3%3%3%
Work from home 21%17%17%15%
Other means 2%2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Los Angeles County, the rental vacancy rate in Torrance is 3.6%.

In Torrance, 6.2% of households live with more than one person per room, against 10.9% in Los Angeles County.

Fewer people live in each home here: 2.56 on average, against 2.81 in Los Angeles County.

Many people here do not commute at all: 21% work from home; in Los Angeles County, 17%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Torrance?

A typical home costs more than the typical income allows

We start with a typical home in Torrance, worth $1,074,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 91% of the typical household income in Torrance, which is $116,217 a year. For that payment to be 28% of income, a household would need to earn about $377,516 a year.

The calculator's FHA and conventional loan limits are those of all of Los Angeles County.

Your numbers

Local data
$

Starts at the typical home value in Torrance. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $37,615 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$8,809

at 7.18% · 30 years

Loan amount
$1,055,234
Total interest
$1,518,234
Paid off in
November 2056

Includes $18,149 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,712 a month

  • Tight

    $2,712 to $3,487 a month

  • Hard

    more than $3,487 a month

    Your payment · 91%

Compared with the typical household income in Torrance ($116,217 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$8,809
Principal & interest$7,149
Property tax$564
Home insurance$448
FHA mortgage insurance (MIP)$648

You need at least $37,615 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Torrance and Los Angeles County

Torrance is in Los Angeles County, California. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Torrance's own numbers

Typical home value
$1,074,700
Typical monthly rent
$2,280
Typical yearly household income
$116,217
Households that own their home
55%
Effective property tax rate
0.63%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Los Angeles County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,249,125
HUD fair market rent, 2 bedrooms
$2,964
Price change over 5 years (FHFA)
+43%
Homes in a high flood-risk zone
0.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Los Angeles County.

Everything about Los Angeles County

Buying

Buying a home in Torrance

A typical home in Torrance is worth $1,074,700: 29% above the county and 46% above California. With the typical household income in Torrance ($116,217 a year), a typical home costs 9.2 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Torrance 9.2 years
  • Los Angeles 9.3 years
  • California 7.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Los Angeles County

According to FHFA’s house price index, home prices in Los Angeles County rose 87% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Los Angeles County.

Period County California U.S.
Last year (2025) +1.7% +0.8% +2.9%
5 years (2020–2025) +43% +40% +47%
10 years (2015–2025) +87% +80% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Torrance next to Los Angeles County, California and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Torrance $1,074,700
  • Los Angeles $834,200
  • California $734,700
  • United States $332,700
Typical monthly rent
  • Torrance $2,280
  • Los Angeles $1,954
  • California $2,036
  • United States $1,413
Typical yearly household income
  • Torrance $116,217
  • Los Angeles $90,112
  • California $99,122
  • United States $80,734
See the full table
Torrance next to Los Angeles County and California
Measure Torrance Los Angeles County California U.S.
Typical home value $1,074,700 $834,200 $734,700 $332,700
Typical monthly rent $2,280 $1,954 $2,036 $1,413
Typical yearly household income $116,217 $90,112 $99,122 $80,734
Households that own their home 55% 46% 56% 65%
Typical yearly property tax $6,782 $5,675 $5,124 $3,119
Effective property tax rate 0.63% 0.68% 0.7% 0.94%
Renters with high rent for their income 53% 58% 55% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Los Angeles County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Torrance

For a typical $1,074,700 home in Torrance, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Torrance's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $8,809a month

    Least cash to close
    Down payment
    $37,615
    Cash to close
    $69,856
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $648

  • Conventional, 5% down $8,439a month

    Down payment
    $53,735
    Cash to close
    $85,976
    Rate
    7.18%
    Mortgage insurance
    PMI · $510

  • Conventional, 20% down, no PMI $6,836a month

    Down payment
    $214,940
    Cash to close
    $247,181
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $7,830a month

    Down payment
    $161,205
    Cash to close
    $193,446
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Torrance and for Los Angeles County.

Property tax

Effective rate in Torrance

0.63%of the home’s value each year

$6,782 a year for the typical owner in Torrance.

  • Torrance 0.63%
  • Los Angeles 0.68%
  • California 0.7%

What California publishes Homeowners' exemption (California State Board of Equalization (BOE))

Exemptions and deadlines in California

Flood risk in Los Angeles County

FEMA does not publish these numbers by city: they are for all of Los Angeles County.

Homes in the high-risk zone
0.5%
11,989
Of those, with NFIP insurance
33%
County California U.S.
Homes in the high-risk zone 0.5% 2.8% 3.5%
Of those, with NFIP insurance 33% 31% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Torrance

Typical rent in Torrance is $2,280 a month: 17% above the county. In Torrance, 53% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Los Angeles County, by unit size. To pay the 2-bedroom one ($2,964 a month) without spending more than 30% of your income, you would need to earn $57.00 an hour working full time.

HUD fair market rent for all of Los Angeles County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $2,151 $41.37 $86,040
1 bedroom $2,402 $46.19 $96,080
2 bedrooms $2,964 $57.00 $118,560
3 bedrooms $3,760 $72.31 $150,400
4 bedrooms $4,208 $80.92 $168,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Torrance

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Torrance has 4 ZIP codes with their own.

For 2 bedrooms it runs from $3,020 in 90501 to $3,620 in 90505.

4 of the 4 are above the fair market rent for Los Angeles County ($2,964).

  • 90501 $3,020$3,830
  • 90503 $3,620$4,590
  • 90504 $3,450$4,380
  • 90505 $3,620$4,590

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Torrance when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Torrance

HUD lists 2 buildings with rents for lower incomes in Torrance. These are the largest.

  • Golden West Tower 3510 Maricopa St, Torrance 90503 180 homes, 178 low-income · Studio: 128 · 1 bd: 51 · 2 bd: 1 · In service since 2005 · For older adults
  • Jci Gardens 2000 W 162nd St, Torrance 90504 101 homes, 100 low-income · For older adults (310) 515-3642

See all 1,535 buildings in Los Angeles County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Torrance

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 17 HUD-approved agencies with an office in Los Angeles County; 13 say they serve in Spanish.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Torrance

1 program is for Torrance or Los Angeles County, by its own record: they come first, each with what its official page says about being open. The ones below are statewide in California: they work in Torrance the same as in the rest of the state.

Which programs do I qualify for? All programs in California

Housing counselors near Torrance

The HUD-approved agencies closest to the center of Torrance, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • NSC (naca Counseling Subsidiary) - Los Angeles, CA

    11633 Hawthorne Blvd Ste 100, Hawthorne · 7 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 5 more
    310-412-2600-1385

  • The American Dream Grant Program

    5901 W Century Blvd Ste 750, Los Angeles · 8 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (310) 692-1380

  • Fair Housing Foundation

    3605 Long Beach Blvd, Long Beach · 10 miles away · Spanish

    Also serves in Arabic, American Sign Language (ASL), Cambodian, Cantonese, and 19 more languages.

    • Rental counseling
    • Rental workshops
    (562) 989-1206

Every agency in Los Angeles County All counseling agencies in California

Help in Spanish near Torrance

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Torrance

HUD’s record names them for Torrance or Los Angeles County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of Torrance Section 8 vouchers (310) 618-5840
  • Los Angeles County Development Authority Public housing and Section 8 vouchers (626) 586-1500

18 other authorities have an office in Los Angeles County: see the list Source: HUD

Cities

Other cities in Los Angeles County

These cities are also in Los Angeles County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Los Angeles County Housing in California
See 108 more cities in Los Angeles County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Torrance, with the typical home value.

Neighboring counties

If Los Angeles County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Torrance.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Torrance

Short answers with the numbers for Torrance and all of Los Angeles County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Torrance?

The typical home value in Torrance is $1,074,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Los Angeles County it is $834,200.

How much does it cost to rent in Torrance?

Typical rent in Torrance is $2,280 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Los Angeles County is $2,964.

What is the FHA loan limit in Torrance?

Torrance uses the FHA limit for all of Los Angeles County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Torrance?

The typical homeowner in Torrance pays $6,782 a year, according to the U.S. Census Bureau. That is 0.63% of the home’s value; in Los Angeles County, the rate is 0.68%.

Where can I find free help to buy or rent in Torrance?

There are 17 HUD-approved counseling agencies with an office in Los Angeles County. 13 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).