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Rental Market Trends in Thousand Oaks, CA

What is the average rent in Thousand Oaks, CA?

$2,659/month

Average Rent

795 Sq Ft

Average Apartment Size

+2.6%

Increase in the Last Year

As of June 2025, the average rent in Thousand Oaks, CA is $2,659 per month. This is 63% higher than the national average rent price of $1,627/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 $2,127 per month for a studio, $2,659 for a one-bedroom apartment, and around $3,042 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,778 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,127/month
475 Sq Ft
One Bedroom
$2,659/month
795 Sq Ft
Two Bedroom
$3,042/month
1,035 Sq Ft
Three Bedroom
$3,778/month
1,350 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$6,450/month
1,849 Sq Ft
Four Bedroom
$8,188/month
2,905 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,388/month
546 Sq Ft
Two Bedroom
$3,289/month
1,046 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,115/month
1,216 Sq Ft
Three Bedroom
$4,978/month
1,708 Sq Ft

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

In the past year, rent has increased by 2.6%, which averages out to $69 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Thousand Oaks, CA
Last Updated June 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 and Downtown Thousand Oaks" are the most affordable neighborhoods in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Conejo Creek
$2,439/month
724 Sq Ft
Downtown Thousand Oaks
$3,321/month
784 Sq Ft

What are the most expensive neighborhoods in Thousand Oaks?

Based on current rent prices, Downtown Thousand Oaks and Conejo Creek" are the most expensive neighborhoods in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,321/month
784 Sq Ft
Conejo Creek
$2,439/month
724 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 and Conejo Creek" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,321/month
784 Sq Ft
Conejo Creek
$2,439/month
724 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 $2,659, you’ll want to make about $8,863 per month or $106,356 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

458 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
-
-
One Bedroom
-
$1,634/month
Two Bedroom
-
$1,731/month
Three Bedroom
-
$1,980/month
Search
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Nearby City Rent Trends

  • Newbury Park Average Rent
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Apartment communities in Thousand Oaks we think you'll love

Park View Apartment Homes

Park View Apartment Homes

256-268 Erbes Rd,
Thousand Oaks, CA 91362

Studio - 2 Beds | $2,400 - $3,100

Arroyo Villa Apartments

Arroyo Villa Apartments

1600 Rancho Conejo Blvd,
Thousand Oaks, CA 91320

1-3 Beds | $2,622 - $4,086

Westcreek Apartments

Westcreek Apartments

973-986 Westcreek Ln,
Westlake Village, CA 91362

1-2 Beds | $2,801 - $5,530

Arrive Westlake Village

Arrive Westlake Village

645 Hampshire Rd,
Westlake Village, CA 91361

1-3 Beds | $2,550 - $3,835

Property Management Companies in Thousand Oaks, CA

Trinity Property Consultants
Trinity Property Consultants
  • 158

    Communities

  • 43,087

    Units

  • 98

    Cities

5 Communities in Thousand Oaks
Greystar
Greystar
  • 3,264

    Communities

  • 907,134

    Units

  • 842

    Cities

2 Communities in Thousand Oaks
AvalonBay
AvalonBay
  • 231

    Communities

  • 78,536

    Units

  • 150

    Cities

2 Communities in Thousand Oaks
Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
  • 90

    Communities

  • 10,898

    Units

  • 51

    Cities

2 Communities in Thousand Oaks
SRG Residential
SRG Residential
  • 47

    Communities

  • 10,340

    Units

  • 29

    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.
  • 20

    Communities

  • 4,485

    Units

  • 10

    Cities

2 Communities in Thousand Oaks
Avenue5 Residential
Avenue5 Residential
  • 508

    Communities

  • 113,919

    Units

  • 198

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity