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Rental Market Trends in Thousand Oaks, CA

What is the average rent in Thousand Oaks, CA?

$2,630/month

Average Rent

796 Sq Ft

Average Apartment Size

+3.8%

Increase in the Last Year

As of July 2025, the average rent in Thousand Oaks, CA is $2,630 per month. This is 61% higher than the national average rent price of $1,637/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 $2,093 per month for a studio, $2,630 for a one-bedroom apartment, and around $3,050 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,714 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,093/month
475 Sq Ft
One Bedroom
$2,630/month
796 Sq Ft
Two Bedroom
$3,050/month
1,037 Sq Ft
Three Bedroom
$3,714/month
1,352 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,899/month
1,315 Sq Ft
Three Bedroom
$5,900/month
1,853 Sq Ft
Four Bedroom
$8,696/month
2,935 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,629/month
710 Sq Ft
Two Bedroom
$3,375/month
1,067 Sq Ft
Three Bedroom
$4,427/month
1,591 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$6,074/month
1,933 Sq Ft

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

In the past year, rent has increased by 3.8%, which averages out to $100 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Thousand Oaks, CA
Last Updated July 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, Rolling Oaks Ranch and Hillsbourough are the most affordable neighborhoods in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Conejo Creek
$2,359/month
727 Sq Ft
Rolling Oaks Ranch
$2,648/month
756 Sq Ft
Hillsbourough
$2,648/month
756 Sq Ft
Downtown Thousand Oaks
$3,141/month
780 Sq Ft

What are the most expensive neighborhoods in Thousand Oaks?

Based on current rent prices, Downtown Thousand Oaks, Rolling Oaks Ranch and Hillsbourough are the most expensive neighborhoods in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,141/month
780 Sq Ft
Rolling Oaks Ranch
$2,648/month
756 Sq Ft
Hillsbourough
$2,648/month
756 Sq Ft
Conejo Creek
$2,359/month
727 Sq Ft

Which Thousand Oaks neighborhoods have the most rentals available?

The neighborhoods in Thousand Oaks with the most apartments available are Conejo Creek, Downtown Thousand Oaks and Rolling Oaks Ranch .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Conejo Creek
$2,359/month
727 Sq Ft
Downtown Thousand Oaks
$3,141/month
780 Sq Ft
Rolling Oaks Ranch
$2,648/month
756 Sq Ft
Hillsbourough
$2,648/month
756 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 $2,630, you’ll want to make about $8,766 per month or $105,192 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

554 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
-
$2,948/month
One Bedroom
-
$3,511/month
Two Bedroom
-
$4,526/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

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

Arroyo Villa Apartments

Arroyo Villa Apartments

1600 Rancho Conejo Blvd,
Thousand Oaks, CA 91320

1-3 Beds | $2,740 - $6,307

Arrive Thousand Oaks

Arrive Thousand Oaks

1370-1398 E Hillcrest Dr,
Thousand Oaks, CA 91362

1-2 Beds | $2,595 - $3,190

Arrive Westlake Village

Arrive Westlake Village

645 Hampshire Rd,
Westlake Village, CA 91361

1-2 Beds | $2,555 - $3,450

Property Management Companies in Thousand Oaks, CA

Trinity Property Consultants
Trinity Property Consultants
  • 168

    Communities

  • 44,535

    Units

  • 99

    Cities

5 Communities in Thousand Oaks
Greystar
Greystar
  • 3,271

    Communities

  • 910,301

    Units

  • 846

    Cities

2 Communities in Thousand Oaks
AvalonBay
AvalonBay
  • 237

    Communities

  • 79,919

    Units

  • 154

    Cities

2 Communities in Thousand Oaks
Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
  • 94

    Communities

  • 11,472

    Units

  • 52

    Cities

2 Communities in Thousand Oaks
SRG Residential
SRG Residential
  • 47

    Communities

  • 10,418

    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
  • 499

    Communities

  • 111,148

    Units

  • 193

    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