Arroyo Villa Apartments
1600 Rancho Conejo Blvd,
Thousand Oaks, CA 91320
$2,938 - $6,206
1-3 Beds
Located in the Conejo Valley between Los Angeles and Santa Barbara, Thousand Oaks combines suburban living with natural surroundings. The city is home to thousands of protected oak trees and maintains more than one-third of its land as preserved open space. Residents enjoy 150 miles of trails perfect for outdoor recreation throughout the area's natural landscapes. Housing options include properties in the North Ranch area and apartments along Thousand Oaks Boulevard, with current rental rates averaging $2,582 for a one-bedroom apartment, reflecting a 0.82% decrease from the previous year.
The city serves as headquarters for Amgen, a major biotechnology company, contributing to the area's strong economic foundation. The Civic Arts Plaza and Fred Kavli Theatre anchor the downtown cultural scene with regular performances and events. The Oaks serves as the primary shopping destination in Ventura County, while Wildwood Regional Park and Gardens of the World offer outdoor recreation opportunities. The community features California Lutheran University, multiple public library branches, and established public schools. Recent rental market data shows varying trends, with three-bedroom units increasing by 4.1% while four-bedroom units have decreased by 15.8% over the past year.
Rows of condos and townhomes can be found in Thousand Oaks.
You can find many homes in the Thousand Oaks area on the hills with views overlooking the city.
The Oaks mall features many shops, restaurants, and retailers.
Locals enjoy catching up and walking their dogs at one of the many parks in Thousand Oaks.
The bus system connects Thousand Oaks to the rest of Ventura County.
Thousands of people from all around Thousand Oaks adventure to the 805 Night Market at CLU.
As of March 2026, the average apartment rent in Thousand Oaks, CA is $2,199 for a studio, $2,632 for one bedroom, $2,969 for two bedrooms, and $3,631 for three bedrooms. Apartment rent in Thousand Oaks has increased by 0.4% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Thousand Oaks, CA is for everyday living.
Somewhat Walkable
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.