Affordable
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These days, finding an affordable place to live in the West Torrance area can be challenging. Home prices in West Torrance are now at a median cost of $1,103,614, higher than the Torrance average of $1,019,848.
The average cost of rent is $2,752/mo in West Torrance, primarily driven by the current value of real estate in the West Torrance area. In West Torrance, 48.09% of households rent, and 37.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in West Torrance is $10,777 per month. Households that rent pay about 25.53% of their income on rent here. West Torrance’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Old Town, Torrance, CA: less expensive homes
- Hollywood Riviera, Redondo Beach, CA: higher priced homes
- South East Torrance, Torrance, CA: equally priced homes
- Walteria, Torrance, CA: equally priced homes
- North Torrance, Torrance, CA: less expensive homes
- Harbor Gateway, Torrance, CA: less expensive homes
- Palos Verdes Peninsula, Torrance, CA: higher priced homes
- Alondra Park, Lawndale, CA: less expensive homes
- West Rancho Domingues, Compton, CA: less expensive homes
- Athens, West Athens, CA: less expensive homes
Neighborhoods with Similar Populations
- Cambrian Park, San Jose, CA: higher priced homes
- Central Phoenix, Phoenix, AZ: less expensive homes
- Logan Square, Chicago, IL: less expensive homes
- Willow Glen, San Jose, CA: higher priced homes
- Ridgewood, Queens, NY: equally priced homes
- Queens Village, Queens, NY: less expensive homes
- Park Slope, Brooklyn, NY: higher priced homes
- Northwest, Virginia Beach, VA: less expensive homes
- Near North Side, Chicago, IL: less expensive homes
- Mott Haven, Bronx, NY: less expensive homes
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