Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Torrance area can be challenging. Home prices in Torrance are now at a median cost of $176,186, lower than the Pennsylvania average of $288,156.
The average cost of rent is $952/mo in Torrance, primarily driven by the current value of real estate in the Torrance area. In Torrance, 11.84% of households rent, and 63.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Torrance is $6,517 per month. Households that rent pay about 14.60% of their income on rent here. Torrance’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Blairsville, PA: less expensive homes
- Strangford, PA: less expensive homes
- Seger, PA: higher priced homes
- West Bolivar, PA: less expensive homes
- Hillside, PA: less expensive homes
- Black Lick, PA: less expensive homes
- New Derry, PA: equally priced homes
- Robinson, PA: less expensive homes
- Derry, PA: less expensive homes
- Lewisville, PA: equally priced homes
Cities with Similar Populations
- Carbon, TX: less expensive homes
- Ubet, WI: higher priced homes
- Tyro, MS: less expensive homes
- Tyro, KS: less expensive homes
- Tyhee, ID: higher priced homes
- Tulip, IN: higher priced homes
- Chamois, MO: less expensive homes
- Center Moreland, PA: higher priced homes
- Carroll, NC: less expensive homes
- Carmel Highlands, CA: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood