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Rental Market Trends in Thousand Oaks, CA

What is the average rent in Thousand Oaks, CA?

$2,616/month

Average Rent

794 Sq Ft

Average Apartment Size

+0%

Increase in the Last Year

As of March 2026, the average rent in Thousand Oaks, CA is $2,616 per month. This is 61% higher than the national average rent price of $1,626/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 $2,198 per month for a studio, $2,616 for a one-bedroom apartment, and around $2,976 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,653 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,198/month
469 Sq Ft
One Bedroom
$2,616/month
794 Sq Ft
Two Bedroom
$2,976/month
1,036 Sq Ft
Three Bedroom
$3,653/month
1,350 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,932/month
607 Sq Ft
Two Bedroom
$3,906/month
1,246 Sq Ft
Three Bedroom
$5,304/month
1,685 Sq Ft
Four Bedroom
$9,078/month
2,987 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,579/month
1,111 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,642/month
1,110 Sq Ft
Three Bedroom
$6,061/month
1,824 Sq Ft

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

In the past year, rent has increased by 0%, which averages out to $1 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Thousand Oaks, CA
Last Updated March 2026
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
9% $1,501 - $2,000/month
91% 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, Oak Knoll Villas and Downtown Thousand Oaks" are the most affordable neighborhoods in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oak Knoll Villas
$2,583/month
720 Sq Ft
Downtown Thousand Oaks
$3,172/month
757 Sq Ft

What are the most expensive neighborhoods in Thousand Oaks?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,172/month
757 Sq Ft
Oak Knoll Villas
$2,583/month
720 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 Oak Knoll Villas" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,172/month
757 Sq Ft
Oak Knoll Villas
$2,583/month
720 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 $2,616, you’ll want to make about $8,720 per month or $104,640 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

429 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

Oak Knoll Villas

Thousand Oaks, CA

Downtown Thousand Oaks

Thousand Oaks, CA

Studio
-
$2,888/month
One Bedroom
-
$3,436/month
Two Bedroom
-
$4,646/month
Three Bedroom
-
-
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

Park View Apartment Homes

Park View Apartment Homes

256-268 Erbes Rd,
Thousand Oaks, CA 91362

$2,300 - $3,100

Studio - 2 Beds

Arroyo Villa Apartments

Arroyo Villa Apartments

1600 Rancho Conejo Blvd,
Thousand Oaks, CA 91320

$2,659 - $6,461

1-3 Beds

Enclave 693

Enclave 693

693 Mccloud Ave,
Thousand Oaks, CA 91360

$2,600

1 Bed

Santal Thousand Oaks

Santal Thousand Oaks

299 Thousand Oaks Blvd,
Thousand Oaks, CA 91360

$2,771 - $4,892

Studio - 2 Beds

Property Management Companies in Thousand Oaks, CA

Trinity Property Consultants
Trinity Property Consultants
  • 164

    Communities

  • 42,483

    Units

  • 96

    Cities

5 Communities in Thousand Oaks
Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
  • 82

    Communities

  • 9,436

    Units

  • 47

    Cities

2 Communities in Thousand Oaks
SRG Residential
SRG Residential
  • 31

    Communities

  • 6,747

    Units

  • 19

    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
  • 3,473

    Communities

  • 956,269

    Units

  • 895

    Cities

1 Community in Thousand Oaks
Avenue5 Residential
Avenue5 Residential
  • 548

    Communities

  • 122,772

    Units

  • 218

    Cities

1 Community in Thousand Oaks
FPA Multifamily LLC
FPA Multifamily LLC
  • 84

    Communities

  • 17,112

    Units

  • 63

    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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity