$4,150 Per Month
- 1 Bed
- 1 Bath
- 800 Sq Ft
- Condo for Rent
721 Esplanade Unit 403, Redondo Beach, CA 90277
721 Esplanade Unit 403, Redondo Beach, CA 90277
Frequently Asked Questions
How much does it cost to rent a condo in Redondo Beach, CA?
The median rent for a condo in Redondo Beach, CA is $4,100 per month, though prices vary by neighborhood, size, and property type. As of August 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 Redondo Beach, CA?
To comfortably afford the median rent in Redondo Beach, CA, a household needs to earn roughly $198,000 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 $4,950 per month in Redondo Beach, CA, renters typically need to show $14,850 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 Redondo Beach, CA?
In Redondo Beach, CA, the price-to-rent ratio is 26.9, 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 Redondo Beach, CA are best for renting a condo?
The best neighborhood for renting in Redondo Beach, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include North Redondo Beach, West Torrance, Central Torrance, East Torrance and Harbor Gateway, each with its own character and price range.
