The Sanctuary at Thousand Oaks
1872 Newbury Rd,
Thousand Oaks, CA 91320
Studio - 2 Beds | $2,922 - $4,991
Rental Market Trends in Thousand Oaks, CA
Updated July 2026
The average rent in Thousand Oaks, CA is $2,819/month.
Rent in Thousand Oaks is 70% higher than the national average rent of $1,662/month, making this one of the more expensive cities statewide.
$2,819/month
Average Rent
799 Sq Ft
Average Size
+2.9%
Change / Year
650
Available Apartments
Thousand Oaks rent varies by unit size and layout:
- Studio apartments in Thousand Oaks average $2,349 per month.
- One-bedroom apartments in Thousand Oaks average $2,819 per month.
- Two-bedroom apartments in Thousand Oaks average $3,111 per month.
- Three-bedroom apartments in Thousand Oaks average $3,754 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Thousand Oaks, CA?
In the past year, rent has increased by 2.9%, which averages out to $81 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Thousand Oaks, CA
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
6%
$1,501 - $2,000/month
94%
Above $2,000/month
Rent by Neighborhood
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.
Neighborhood
Average Rent
Average 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.
Neighborhood
Average Rent
Average 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 .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Thousand Oaks, CA?
Because the average rent in Thousand Oaks is $2,819, you’ll want to make about $9,396 per month or $112,752 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.
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 GuideStudio
$3,175/month
$3,175/month
One Bedroom
$3,766/month
$3,766/month
Two Bedroom
$4,684/month
$4,684/month
Three Bedroom
-
-
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Thousand Oaks We Think You'll Love
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Frequently Asked Questions
What is the average rent in Thousand Oaks?
The average rent in Thousand Oaks is $2,819 per month, which is 69.6% higher than the national average of $1,662.
What is the average rent for a house in Thousand Oaks?
The average rent for a house in Thousand Oaks, CA is $5,026 per month.
What is the average rent for a townhome in Thousand Oaks?
The average rent for a townhome in Thousand Oaks, CA is $4,249 per month.
What is the average rent for a condo in Thousand Oaks?
The average rent for a condo in Thousand Oaks, CA is $2,440 per month.
Are rents going up or down in Thousand Oaks?
Rents in Thousand Oaks, CA are increasing, with prices up 2.9% year-over-year and $81 more per month.
What rent range is most common in Thousand Oaks?
In Thousand Oaks, CA, 94% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 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.