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Rental Market Trends in Thousand Oaks, CA

What is the average rent in Thousand Oaks, CA?

$2,611/month

Average Rent

799 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of December 2025, the average rent in Thousand Oaks, CA is $2,611 per month. This is 60% higher than the national average rent price of $1,631/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 $2,081 per month for a studio, $2,611 for a one-bedroom apartment, and around $2,955 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,570 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,081/month
469 Sq Ft
One Bedroom
$2,611/month
799 Sq Ft
Two Bedroom
$2,955/month
1,039 Sq Ft
Three Bedroom
$3,570/month
1,351 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,190/month
1,134 Sq Ft
Three Bedroom
$6,292/month
2,005 Sq Ft
Four Bedroom
$7,803/month
2,832 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,563/month
1,136 Sq Ft
Three Bedroom
$4,066/month
1,567 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,604/month
1,138 Sq Ft
Three Bedroom
$4,657/month
1,740 Sq Ft

How much has average rent changed in Thousand Oaks, CA?

In the past year, rent has increased by 1.3%, which averages out to $34 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Thousand Oaks, CA
Last Updated December 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Thousand Oaks, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
10% $1,501 - $2,000/month
90% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Thousand Oaks?

Based on current rent prices, Conejo Creek, Oak Knoll Villas and The Knolls are the most affordable neighborhoods in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Conejo Creek
$2,209/month
733 Sq Ft
Oak Knoll Villas
$2,559/month
822 Sq Ft
The Knolls
$2,634/month
772 Sq Ft
Downtown Thousand Oaks
$3,153/month
824 Sq Ft

What are the most expensive neighborhoods in Thousand Oaks?

Based on current rent prices, Downtown Thousand Oaks, The Knolls and Oak Knoll Villas are the most expensive neighborhoods in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,153/month
824 Sq Ft
The Knolls
$2,634/month
772 Sq Ft
Oak Knoll Villas
$2,559/month
822 Sq Ft
Conejo Creek
$2,209/month
733 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 The Knolls .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,153/month
824 Sq Ft
Conejo Creek
$2,209/month
733 Sq Ft
The Knolls
$2,634/month
772 Sq Ft
Oak Knoll Villas
$2,559/month
822 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Thousand Oaks, CA?

Because the average rent in Thousand Oaks is $2,611, you’ll want to make about $8,703 per month or $104,436 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.

City

Thousand Oaks, CA

519 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Thousand Oaks, CA

Apartment Averages

Conejo Creek

Thousand Oaks, CA

Downtown Thousand Oaks

Thousand Oaks, CA

Studio
-
$1,476/month
One Bedroom
-
$1,523/month
Two Bedroom
-
$1,711/month
Three Bedroom
-
$1,957/month
Search
Search

Nearby City Rent Trends

  • Newbury Park Average Rent
  • Westlake Village Average Rent
  • Oak Park Average Rent
  • Agoura Hills Average Rent

Apartment communities in Thousand Oaks we think you'll love

Enclave 693

Enclave 693

693 Mccloud Ave,
Thousand Oaks, CA 91360

$2,299 - $2,799

1 Bed

Santal Thousand Oaks

Santal Thousand Oaks

299 Thousand Oaks Blvd,
Thousand Oaks, CA 91360

$3,199 - $5,584

1-2 Beds

Arrive Rolling Oaks

Arrive Rolling Oaks

300 Rolling Oaks Dr,
Thousand Oaks, CA 91361

$2,595 - $3,455

1-2 Beds

Park View Apartment Homes

Park View Apartment Homes

256-268 Erbes Rd,
Thousand Oaks, CA 91362

$2,200 - $3,100

Studio - 2 Beds

Property Management Companies in Thousand Oaks, CA

Trinity Property Consultants
Trinity Property Consultants
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  • 42,669

    Units

  • 97

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5 Communities in Thousand Oaks
Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
  • 92

    Communities

  • 11,050

    Units

  • 51

    Cities

2 Communities in Thousand Oaks
SRG Residential
SRG Residential
  • 38

    Communities

  • 8,384

    Units

  • 24

    Cities

2 Communities in Thousand Oaks
Jones & Jones Communities
Jones & Jones Communities
  • 23

    Communities

  • 2,649

    Units

  • 14

    Cities

2 Communities in Thousand Oaks
Shapell Properties, Inc.
Shapell Properties, Inc.
  • 22

    Communities

  • 4,698

    Units

  • 12

    Cities

2 Communities in Thousand Oaks
Greystar
Greystar
  • 3,449

    Communities

  • 951,122

    Units

  • 875

    Cities

1 Community in Thousand Oaks
Avenue5 Residential
Avenue5 Residential
  • 538

    Communities

  • 119,399

    Units

  • 215

    Cities

1 Community in Thousand Oaks
AvalonBay
AvalonBay
  • 199

    Communities

  • 71,643

    Units

  • 134

    Cities

1 Community in Thousand Oaks

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United States California Thousand Oaks Rental Trends

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.

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Equal Housing Opportunity