$2,950 Per Month
- 2 Beds
- 1 Bath
- 950 Sq Ft
- Apartment for Rent
24638 Eshelman Ave Unit 1/4, Lomita, CA 90717
24638 Eshelman Ave Unit 1/4, Lomita, CA 90717
Frequently Asked Questions
How much does it cost to rent a home in Lomita, CA?
The median rent for a home in Lomita, CA is $2,875 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lomita, CA?
To comfortably afford the median rent in Lomita, CA, a household needs to earn roughly $115,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,875 per month in Lomita, CA, renters typically need to show $8,625 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lomita, CA?
In Lomita, CA, the price-to-rent ratio is 28.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lomita, CA are best for renting a home?
The best neighborhood for renting in Lomita, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Walteria, East Torrance, Harbor Gateway, West Carson and South Torrance, each with its own character and price range.
