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Rental Market Trends in Thousand Oaks, CA

Updated September 2026

The average rent in Thousand Oaks, CA is $2,774/month.

Rent in Thousand Oaks is 67% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.

$2,774/month

Average Rent

799 Sq Ft

Average Size

+1.2%

Change / Year

527

Available Apartments

Thousand Oaks rent varies by unit size and layout:

  • Studio apartments in Thousand Oaks average $2,352 per month.
  • One-bedroom apartments in Thousand Oaks average $2,774 per month.
  • Two-bedroom apartments in Thousand Oaks average $3,060 per month.
  • Three-bedroom apartments in Thousand Oaks average $3,634 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,352/month
490 Sq Ft
One Bedroom
$2,774/month
799 Sq Ft
Two Bedroom
$3,060/month
1,038 Sq Ft
Three Bedroom
$3,634/month
1,349 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$4,270/month
1,225 Sq Ft
Three Bedroom
$4,916/month
1,720 Sq Ft
Four Bedroom
$8,118/month
2,917 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,271/month
1,008 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,648/month
1,367 Sq Ft
Three Bedroom
$4,447/month
1,733 Sq Ft
View Thousand Oaks Apartments

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

In the past year, rent has increased by 1.2%, which averages out to $33 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Thousand Oaks, CA

September 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
3% $1,501 - $2,000/month
97% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Thousand Oaks?

Based on current rent prices, Downtown Thousand Oaks is the most affordable neighborhood in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,124/month
841 Sq Ft

What are the most expensive neighborhoods in Thousand Oaks?

Based on current rent prices, Downtown Thousand Oaks is the most expensive neighborhood in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,124/month
841 Sq Ft

Which Thousand Oaks neighborhoods have the most rentals available?

The neighborhood in Thousand Oaks with the most apartments available is Downtown Thousand Oaks .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,124/month
841 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 $2,774, you’ll want to make about $9,246 per month or $110,952 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

527 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.

View the Thousand Oaks Area Guide

Apartment Averages

Downtown Thousand Oaks

Thousand Oaks, CA

Downtown Thousand Oaks

Thousand Oaks, CA

Studio
$1,475/month
$1,475/month
One Bedroom
$1,600/month
$1,600/month
Two Bedroom
$1,781/month
$1,781/month
Three Bedroom
$2,024/month
$2,024/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Newbury Park

    Newbury Park

    Avg Rent: $2,445/month

  • Westlake Village

    Westlake Village

    Avg Rent: $2,661/month

  • Camarillo

    Camarillo

    Avg Rent: $2,540/month

  • Moorpark

    Moorpark

    Avg Rent: $2,428/month

  • Oak Park

    Oak Park

    Avg Rent: $2,687/month

  • Agoura Hills

    Agoura Hills

    Avg Rent: $2,889/month

  • Simi Valley

    Simi Valley

    Avg Rent: $2,328/month

Apartment Communities in Thousand Oaks We Think You'll Love

The Sanctuary at Thousand Oaks

The Sanctuary at Thousand Oaks

1872 Newbury Rd,
Thousand Oaks, CA 91320

Studio - 2 Beds | $2,893 - $5,114

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 | $2,408 - $3,727

Enclave 693

Enclave 693

693 Mccloud Ave,
Thousand Oaks, CA 91360

Studio - 1 Bed | $2,100 - $2,600

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Frequently Asked Questions

What is the average rent in Thousand Oaks?

The average rent in Thousand Oaks is $2,774 per month, which is 66.7% higher than the national average of $1,664.

What is the average rent for a house in Thousand Oaks?

The average rent for a house in Thousand Oaks, CA is $4,916 per month.

What is the average rent for a townhome in Thousand Oaks?

The average rent for a townhome in Thousand Oaks, CA is $3,648 per month.

Are rents going up or down in Thousand Oaks?

Rents in Thousand Oaks, CA are increasing, with prices up 1.2% year-over-year and $33 more per month.

What rent range is most common in Thousand Oaks?

In Thousand Oaks, CA, 97% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity