9 Apartments under 1400 for rent in Torrance, CA

Last updated August 15 at 11:13am UTC
Results within 5 miles of Torrance, CA
230 N Grand Ave
Central San Pedro
Los Angeles, CA
Updated August 14 at 9:49am UTC
1 Bedroom
$1,395
12926 Doty Avenue
East Hawthorne
Hawthorne, CA
Updated August 8 at 6:39am UTC
Studio
$995
4530 S Normandie Ave
Voices of 90037
Los Angeles, CA
Updated August 15 at 11:13am UTC
Studio
$995
Results within 10 miles of Torrance, CA
635 Elm Ave. #3
Downtown Long Beach
Long Beach, CA
Updated August 14 at 9:51am UTC
Studio
$1,095
1153 E 71st Street
Florence-Graham
Los Angeles, CA
Updated August 11 at 10:11am UTC
1 Bedroom
$1,335
635 W 57th Street
Voices of 90037
Los Angeles, CA
Updated August 8 at 2:39am UTC
1 Bedroom
$1,350
12333 Cedar Ave
North Hawthorne
Hawthorne, CA
Updated August 13 at 5:14pm UTC
Studio
$1,199
1050 E Hellman St
Central Long Beach
Long Beach, CA
Updated August 13 at 5:14pm UTC
1 Bedroom
$1,295
1430 E South St
Lindbergh
Long Beach, CA
Updated July 3 at 7:23pm UTC
Studio
$700

August 2018 Torrance Rent Report

Welcome to the August 2018 Torrance Rent Report. Torrance rents increased over the past month. In this report, we'll evaluate trends in the Torrance rental market, including comparisons to cities throughout the metro, state, and nation.

View full Torrance Rent Report
Rent Report
Torrance

August 2018 Torrance Rent Report

Welcome to the August 2018 Torrance Rent Report. Torrance rents increased over the past month. In this report, we'll evaluate trends in the Torrance rental market, including comparisons to cities throughout the metro, state, and nation.

Torrance rents increased slightly over the past month

Torrance rents have increased 0.2% over the past month, and have increased moderately by 2.6% in comparison to the same time last year. Currently, median rents in Torrance stand at $1,590 for a one-bedroom apartment and $2,050 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in February. Torrance's year-over-year rent growth leads the state average of 1.8%, as well as the national average of 1.2%.

Rents rising across the Los Angeles Metro

Throughout the past year, rent increases have been occurring not just in the city of Torrance, but across the entire metro. Of the largest 10 cities that we have data for in the Los Angeles metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Lancaster has seen the fastest rent growth in the metro, with a year-over-year increase of 4.5%. The median two-bedroom there costs $1,770, while one-bedrooms go for $1,370.
  • Los Angeles proper has the least expensive rents in the Los Angeles metro, with a two-bedroom median of $1,750; rents grew 0.2% over the past month and 1.3% over the past year.
  • Irvine has the most expensive rents of the largest cities in the Los Angeles metro, with a two-bedroom median of $2,700; rents increased 0.6% over the past month and 2.8% over the past year.

Many large cities nationwide show more affordable rents compared to Torrance

As rents have increased moderately in Torrance, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Torrance is less affordable for renters.

  • Rents increased moderately in other cities across the state, with California as a whole logging rent growth of 1.8% over the past year. For example, rents have grown by 2.2% in San Jose, 1.1% in San Francisco, and 1.0% in San Diego.
  • Torrance's median two-bedroom rent of $2,050 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 2.6% increase in Torrance.
  • While Torrance's rents rose moderately over the past year, the city of Seattle saw a decrease of 2.4%.
  • Renters will generally find more expensive prices in Torrance than most large cities. For example, Houston has a median 2BR rent of $1,030, where Torrance is nearly twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Los Angeles $1,360 $1,750 0.2% 1.3%
Long Beach $1,380 $1,770 0.3% 2.1%
Anaheim $1,640 $2,110 1.0% 2.9%
Santa Ana $1,450 $1,860 0.8% 1.7%
Irvine $2,100 $2,700 0.6% 2.8%
Glendale $1,400 $1,800 -0.6% 2.1%
Huntington Beach $1,850 $2,370 1.5% 1.1%
Santa Clarita $2,010 $2,580 0.4% 4.2%
Lancaster $1,370 $1,770 0.4% 4.5%
Palmdale $1,580 $2,030 0.3% 2.8%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.