Torrance, California.
Typical home $1,100,115 (+1.9% in a year), asking rent $3,006 (+3.5%). Los Angeles-Long Beach-Anaheim, CA metro.
to buy the typical home at today's mortgage rate — +$2,973 (+106%) since Jan 2020.
- 1 year
- Up $20,092 +2%
- $1,080,023$1,100,115 since Sep 2025
- 5 years
- Up $186,480 +20%
- $913,635$1,100,115 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Torrance$5,774
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in Torrance, CA rose 1.9% over the past year — faster than the nation's +1.2%.
Asking rents in Torrance, CA rose 3.5% over the past year — faster than the nation's +2.7%.
Owning the typical home in Torrance runs $4,570/mo more than renting one. The gap peaked at $4,728 in Jan 2025.
That is $7,576 a month against $3,006 rent: a $5,774 mortgage payment, plus $624 property tax and $1,178 insurance & upkeep.
Owning vs renting — Torrance
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$7,576
- Renting$3,006
- Mortgage only$5,774
Property tax · $624/mo 0.68% of value a year — the ACS 2020-2024 median bill over the median home value for Los Angeles County, CA
Insurance & upkeep · $1,178/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Torrance, Los Angeles County, California
Torrance is a city of 147,067 people in Los Angeles County. Half its households earn more than $116,217 a year and half less, against $90,112 across Los Angeles County; 8% of its people live below the poverty line. 55% of its homes are lived in by their owners and 45% are rented. Unemployment in Torrance was 4.3% in August 2026, and Los Angeles County had about as many jobs in 2025 as the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Torrance is a city in Los Angeles County where incomes run well above the county's, and the typical home costs a good deal more than most places to buy or rent. Slightly more homes are lived in by their owners than by renters, and the share of adults with a four-year degree is high. Residents are somewhat older than in many cities, and winters are mild and cool, with summers that stay comfortable and little rain through the year.
Work. Many residents work in schools, hospitals and social care, in professional and business services, in manufacturing, or in shops. Among the city's largest workplaces are Torrance Memorial Medical Center, Torrance Unified and Providence Little Company of Mary Medical Center Torrance. Unemployment has eased compared with a year earlier, and a fair number of people work from home, though the typical commute is still a real part of the day.
Things to do. For a game or a concert, SoFi Stadium and Dignity Health Sports Park are both a short drive away. A longer drive takes you to Disneyland, an amusement park, or to the Getty Center, a museum with gardens and wide views over the city.
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- 54,869households
- 54%of adults have a degree
- 8%below the poverty line
- 27 mintypical commute
- 21%work from home
What residents work in
Employed residents by industry, from the Census survey. Los Angeles County had 4,525,460 jobs in 2025, about as many as the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in February, with highs near 66° and lows near 48°; warmest in August, with highs near 76° and lows near 63°. About 14 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Redondo Beach weather station, a mile away (NOAA).
Largest workplaces in Torrance
- Torrance Memorial Medical CenterGeneral hospital3,246FTE
- Torrance UnifiedSchool district2,049FTE
- Providence Lttl CO Mary MC TorranceGeneral hospital1,592FTE
- Moog, Inc. - TorranceAerospace757
- Howmet Global FastenersBolts, metal, manufacturing619
- Stellant SystemsElectron tubes manufacturing563
- Pelican ProductsSeptic tanks, plastics or fiberglass, manufacturing520
- PhenomenexLaboratory analytical instruments manufacturing520
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 126 workplaces with 20 or more staff, 21,565 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Torrance’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Los Angeles County and the Los Angeles-Long Beach-Anaheim, CA metro.
Torrance home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Torrance$1,100,115
- California$761,538
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Torrance listings, and the typical home goes pending in 16 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Torrance23.49%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Torrance16
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Torrance247
New listings per month
Sellers arriving at the market.
- Torrance93
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Torrance$1,079,195
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Torrance101.04%
Zip codes with a Torrance address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Torrance — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Torrance
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 90503 | Torrance | 43,454 | $2,947 | $1,275,500 |
| 90501 | Torrance | 41,787 | $2,662 | $972,418 |
| 90505 | Torrance | 35,148 | $3,452 | $1,409,942 |
| 90504 | Torrance | 33,084 | $2,562 | $986,228 |
| 90502 | Torrance | 18,467 | $3,224 | $725,824 |