Housing & Real Estate — Torrance, California
Overview
| Total Housing Units | 59,411 |
| Occupied | 55,317 |
| Vacant | 4,094 |
| Owner-Occupied | 30,189 |
| Renter-Occupied | 25,128 |
| Median Home Value (Census) | $1,074,700 |
| Estimated 2026 | ~$1,170,000 |
| Median Rent | $2,214/mo |
| Median Property Tax | $6,782/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | very expensive |
| Rent as % of Income | 22.9% |
| Severely Rent-Burdened | 42.9% |
Housing Age
| Built 2010 or later | 845 |
| Built 2000-2009 | 2,613 |
| Built 1990-1999 | 2,232 |
| Built before 1960 | 24,033 |
| Median Year Built | 1963 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.