Torrance, CA Housing Market: Home Prices & Rent
Torrance home values since 2000
Last few years
Rent in Torrance
Owning vs renting, monthly
Buying the typical Torrance home with 20% down at this week's 7.32% 30-year rate costs about $7,421/month (principal, interest plus ~1.5% a year for tax and insurance) vs $3,006/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
Torrance vs the Los Angeles metro, California and the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| Torrance, CA | $1.10M | +1.9% | $3,006/mo |
| Los Angeles metro | $950k | +1.3% | $2,929/mo |
| California | $762k | +0.6% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Torrance, CA?
No - the typical Torrance home value is up 1.9% over the past 12 months, at $1.10M (September 2026).
Is the Torrance housing market crashing?
Home values are close to their 2020s high and up 1.9% over the past year - a rising market, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Torrance, CA?
Typical rent in Torrance is $3,006 a month (September 2026), +3.5% over 12 months.
Is Torrance more expensive than the rest of the Los Angeles area?
The typical Torrance home ($1.10M) is 16% above the Los Angeles metro typical of $950k (September 2026).
More of the Los Angeles area
Los Angeles metro housing market · Long Beach · Irvine · Santa Clarita · Lancaster · Huntington Beach · Palmdale · Pasadena
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index for the city of Torrance, September 2026; days to contract for the metro area). 30-year mortgage rate: Freddie Mac PMMS. How we calculate.