Enclave 693
693 Mccloud Ave,
Thousand Oaks, CA 91360
$2,099 - $2,799
Studio - 1 Bed
Rental Market Trends in Thousand Oaks, CA
What is the average rent in Thousand Oaks, CA?
$2,638/month
Average Rent
794 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
As of January 2026, the average rent in Thousand Oaks, CA is $2,638 per month. This is 62% higher than the national average rent price of $1,624/month, making Thousand Oaks one of the most expensive cities in the US. When you rent an apartment in Thousand Oaks, you can expect to pay about $2,201 per month for a studio, $2,638 for a one-bedroom apartment, and around $3,003 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,594 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Thousand Oaks, CA?
In the past year, rent has increased by 0.9%, which averages out to $23 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025
2026
Rent Ranges in Thousand Oaks, CA
Last Updated January 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
91%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Thousand Oaks?
Based on current rent prices, Conejo Creek, Oak Knoll Villas and Downtown Thousand Oaks are the most affordable neighborhoods in Thousand Oaks.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Thousand Oaks?
Based on current rent prices, Downtown Thousand Oaks, Oak Knoll Villas and Conejo Creek are the most expensive neighborhoods in Thousand Oaks.
Neighborhood
Average Rent
Average Sq Ft
Which Thousand Oaks neighborhoods have the most rentals available?
The neighborhoods in Thousand Oaks with the most apartments available are Downtown Thousand Oaks, Conejo Creek and Oak Knoll Villas .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Thousand Oaks, CA?
Because the average rent in Thousand Oaks is $2,638, you’ll want to make about $8,793 per month or $105,516 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Thousand Oaks, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Thousand Oaks, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,476/month
One Bedroom
-
$1,579/month
Two Bedroom
-
$1,704/month
Three Bedroom
-
$1,946/month
Nearby City Rent Trends
Apartment communities in Thousand Oaks we think you'll love
Property Management Companies in Thousand Oaks, CA
Trinity Property Consultants
-
163
Communities
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42,615
Units
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96
Cities
5 Communities in Thousand Oaks
Cirrus Asset Management, Inc.
-
91
Communities
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10,565
Units
-
50
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2 Communities in Thousand Oaks
SRG Residential
-
34
Communities
-
7,338
Units
-
21
Cities
2 Communities in Thousand Oaks
Jones & Jones Communities
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23
Communities
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2,649
Units
-
14
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2 Communities in Thousand Oaks
Shapell Properties, Inc.
-
22
Communities
-
4,698
Units
-
12
Cities
2 Communities in Thousand Oaks
Greystar
-
3,446
Communities
-
951,526
Units
-
887
Cities
1 Community in Thousand Oaks
Avenue5 Residential
-
550
Communities
-
122,211
Units
-
219
Cities
1 Community in Thousand Oaks
FPA Multifamily LLC
-
74
Communities
-
15,038
Units
-
58
Cities
1 Community in Thousand Oaks
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Methodology
† 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 November 2025.
* Percentages may not total 100 due to rounding.