Skip to main content
Loading page
Los Angeles County/Torrance/90502

90502

ZIPSAFMR
Los Angeles County, CA
Zillow

ZIP Investment Score

85Below average

095130300
BRFMR
Eff. Rent
0 BR$2,160$1,850
1 BR$2,410$2,300
2 BR$2,970$3,020
3 BR$3,770$3,800
4 BR$4,220$4,080
5 BR$4,853Not available
6 BR$5,581Not available
7 BR$6,418Not available
8 BR$7,381Not available

Purchase Price Calculator

Maximum purchase price
$386,854

Cost breakdown

+Likely effective rent$3,020
HUD FMR$2,970
Market rent$3,050
Est. payment standard (102%)Used$3,020
-Principal and interest-$1,956
Loan amount$309,483
Down payment$77,371
Rate6.50%
Term30 years
-Operating costs-$864
Property taxes-$387
Insurance-$175
Utilities$0
HOA$0
Management-$302
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$48,034(62.1% ROI)
Projected value
$416,600
Return breakdown
Property appreciation+$29,745
Loan principal paid down+$11,088
Rental cash flow+$7,200
5-year hold
+$82,609(106.8% ROI)
Projected value
$437,690
Return breakdown
Property appreciation+$50,836
Loan principal paid down+$19,773
Rental cash flow+$12,000
10-year hold
+$179,467(232.0% ROI)
Projected value
$495,206
Return breakdown
Property appreciation+$108,352
Loan principal paid down+$47,115
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.17
1 BR
1.05
2 BR
0.97
3 BR
0.99
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 90502 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 90502 (Torrance, CA) is $2,970 a month. That is up 3.8% from $2,860 in FY 2026. Torrance is in the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 458 ZIP codes in Los Angeles County, 90502 is tied for the 169th-highest two-bedroom rent (county range $1,870–$4,450). The median county two-bedroom FMR in California is $1,725, so ZIP 90502 is 72% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 90502
BedroomsFY 2027Change90–110% range
Studio$2,160+5.4%$1,944–$2,376
1BR$2,410+5.2%$2,169–$2,651
2BR$2,970+3.8%$2,673–$3,267
3BR$3,770+3.9%$3,393–$4,147
4BR$4,220+4.5%$3,798–$4,642

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 90502
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,160$2,410$2,970$3,770$4,220
FY 2026$2,050$2,290$2,860$3,630$4,040
FY 2025$1,840$2,060$2,600$3,300$3,660
FY 2024$1,740$1,960$2,490$3,190$3,520
FY 2023$1,550$1,770$2,250$2,920$3,210

Two-bedroom rent in nearby Los Angeles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 90502
90408$2,960−0.3%
90409$2,960−0.3%
90501$3,020+1.7%
90502Current$2,970—
90503$3,620+21.9%
90504$3,450+16.2%
90505$3,620+21.9%
90506$2,960−0.3%
90507$2,960−0.3%
90508$2,960−0.3%
90509$2,960−0.3%
90510$2,960−0.3%

Questions about ZIP 90502 rents

How much will Section 8 pay for a two-bedroom in ZIP 90502?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,970, that basic range is $2,673 to $3,267 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 90502 in?

ZIP 90502 is in the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 90502 for FY 2027?

The two-bedroom FMR rose 3.8%, from $2,860 in FY 2026 to $2,970 in FY 2027. Since FY 2023 it has risen 32.0%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentTorrance, CA fair market rentCA statewide rentsWhat is SAFMR?Data sources