$1,600 Per Month
- Studio
- 1 Bath
- 450 Sq Ft
- Condo for Rent
20415 Anza Ave Unit B, Torrance, CA 90503
Property Id: 1606725 Prime West Torrance, Large studio for one person, No pet, credit above 650 and income above 2.5 X. Call to view
Frequently Asked Questions
How much does it cost to rent a condo in Torrance, CA?
The median rent for a condo in Torrance, CA is $3,000 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 Torrance, CA?
To comfortably afford the median rent in Torrance, CA, a household needs to earn roughly $140,000 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 $3,500 per month in Torrance, CA, renters typically need to show $10,500 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 Torrance, CA?
In Torrance, CA, the price-to-rent ratio is 25.8, 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.
