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Rental Market Trends in Thousand Oaks, CA

What is the average rent in Thousand Oaks, CA?

$2,680/month

Average Rent

794 Sq Ft

Average Apartment Size

-0.1%

Decrease in the Last Year

As of April 2026, the average rent in Thousand Oaks, CA is $2,680 per month. This is 63% higher than the national average rent price of $1,641/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 $2,218 per month for a studio, $2,680 for a one-bedroom apartment, and around $3,011 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,777 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,218/month
472 Sq Ft
One Bedroom
$2,680/month
794 Sq Ft
Two Bedroom
$3,011/month
1,033 Sq Ft
Three Bedroom
$3,777/month
1,350 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$4,043/month
1,172 Sq Ft
Three Bedroom
$5,528/month
1,784 Sq Ft
Four Bedroom
$9,311/month
3,060 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,429/month
1,090 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,901/month
1,277 Sq Ft
Three Bedroom
$6,070/month
1,836 Sq Ft

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

In the past year, rent has decreased by 0.1%, which averages out to $1 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Thousand Oaks, CA
Last Updated April 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, Conejo Creek, Oak Knoll Villas and Rolling Oaks Ranch are the most affordable neighborhoods in Thousand Oaks.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Conejo Creek
$2,385/month
713 Sq Ft
Oak Knoll Villas
$2,532/month
695 Sq Ft
Rolling Oaks Ranch
$2,903/month
732 Sq Ft
Downtown Thousand Oaks
$3,125/month
820 Sq Ft

What are the most expensive neighborhoods in Thousand Oaks?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Thousand Oaks
$3,125/month
820 Sq Ft
Rolling Oaks Ranch
$2,903/month
732 Sq Ft
Oak Knoll Villas
$2,532/month
695 Sq Ft
Conejo Creek
$2,385/month
713 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 Oak Knoll Villas .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Conejo Creek
$2,385/month
713 Sq Ft
Downtown Thousand Oaks
$3,125/month
820 Sq Ft
Oak Knoll Villas
$2,532/month
695 Sq Ft
Rolling Oaks Ranch
$2,903/month
732 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 $2,680, you’ll want to make about $8,933 per month or $107,196 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

426 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
-
$2,910/month
One Bedroom
-
$3,482/month
Two Bedroom
-
$4,664/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

Santal Thousand Oaks

Santal Thousand Oaks

299 Thousand Oaks Blvd,
Thousand Oaks, CA 91360

$4,619 - $4,892

2 Beds

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

$2,847 - $5,893

1-3 Beds

Enclave 693

Enclave 693

693 Mccloud Ave,
Thousand Oaks, CA 91360

$2,600

1 Bed

Property Management Companies in Thousand Oaks, CA

Trinity Property Consultants
Trinity Property Consultants
  • 170

    Communities

  • 42,692

    Units

  • 97

    Cities

5 Communities in Thousand Oaks
Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
  • 88

    Communities

  • 10,688

    Units

  • 51

    Cities

2 Communities in Thousand Oaks
SRG Residential
SRG Residential
  • 30

    Communities

  • 6,461

    Units

  • 18

    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
  • 3,488

    Communities

  • 959,885

    Units

  • 891

    Cities

1 Community in Thousand Oaks
Avenue5 Residential
Avenue5 Residential
  • 578

    Communities

  • 128,898

    Units

  • 223

    Cities

1 Community in Thousand Oaks
AvalonBay
AvalonBay
  • 208

    Communities

  • 74,042

    Units

  • 142

    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.

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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity