Torrance vs Long Beach: Housing
| Torrance | Long Beach | |
|---|---|---|
| Median Home Value | $1,074,700 | $806,600 |
| Median Gross Rent | $2,280/mo | $1,871/mo |
| Homeownership Rate | 55.0% | 41.2% |
| Rent as Share of Income | 23.5% | 25.7% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.