The Most Affordable Neighborhoods in Harbor Gateway, Torrance, CA by Home Value

 

Harbor Gateway, Torrance, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Harbor Gateway area can be challenging. Home prices in Harbor Gateway are now at a median cost of $633,396, lower than the Torrance average of $787,084.

The average cost of rent is $1,527/mo in Harbor Gateway, primarily driven by the current value of real estate in the Harbor Gateway area. While nearly 35.63% of residents own their homes outright in Harbor Gateway, 54.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in Harbor Gateway is $6,084 per month. Households that rent pay about 25.09% of their income on rent here. Harbor Gateway's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.


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