Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Old Town area can be challenging. Home prices in Old Town are now at a median cost of $720,885, lower than the Torrance average of $787,084.
The average cost of rent is $1,894/mo in Old Town, primarily driven by the current value of real estate in the Old Town area. While nearly 28.18% of residents own their homes outright in Old Town, 55.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Old Town is $7,650 per month. Households that rent pay about 24.75% of their income on rent here. Old Town's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- South East Torrance, Torrance, CA: higher priced homes
- West Torrance, Torrance, CA: higher priced homes
- Harbor Gateway, Torrance, CA: less expensive homes
- Walteria, Torrance, CA: higher priced homes
- North Torrance, Torrance, CA: equally priced homes
- Hollywood Riviera, Redondo Beach, CA: higher priced homes
- Alondra Park, Lawndale, CA: less expensive homes
- Palos Verdes Peninsula, Torrance, CA: higher priced homes
- West Rancho Domingues, Compton, CA: less expensive homes
- Rancho Dominguez, Compton, CA: less expensive homes
Neighborhoods with Similar Populations
- Riverside, Austin, TX: less expensive homes
- Martha Lake, Lynnwood, WA: less expensive homes
- Martin Luther, Chicago, IL: less expensive homes
- Martin Luther King, Austin, TX: less expensive homes
- Meadow Point, Wesley Chapel, FL: less expensive homes
- Midtown, Houston, TX: less expensive homes
- Pleasant Grove West, Chesapeake, VA: less expensive homes
- Poplar Grove, Salt Lake City, UT: less expensive homes
- Rancho Rinconada, Cupertino, CA: higher priced homes
- Ridgeland, Oak Park, IL: less expensive homes
All Local Stats
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