Average Rent in Thousand Oaks, CA

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Current Versus Historical Thousand Oaks, CA Rents

Thousand Oaks rentals average $2,500 for a 1-bedroom rental to $7,995 for a 4-bedroom rental. The median price of all currently available listings is $4,995, or roughly $3 per square feet.
For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $650 (-17.38%) year-over-year from $3,740 to $3,090. 1-bedroom rentals prices have increased by $34 (1.36%) year-over-year from $2,467 to $2,500. 2-bedroom rentals prices have increased by $618 (20.74%) year-over-year from $2,982 to $3,600. 3-bedroom rentals prices have increased by $820 (20.87%) year-over-year from $3,930 to $4,750. 4-bedroom rentals prices have increased by $1,469 (26.91%) year-over-year from $5,457 to $6,925. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 15.30% this month. 1-bedroom rents have gone down by 8.35% this month. 2-bedroom rents have gone up by 4.35% this month. 3-bedroom rents have gone down by 8.36% this month. 4-bedroom rents have gone up by 16.22% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $5.25 $2,500 $2,467 (1.36%) $1,841 (35.82%)
2 BR $3.09 $3,600 $2,982 (20.74%) $3,044 (18.25%)
3 BR $2.76 $4,750 $3,930 (20.87%) $3,630 (30.85%)
4+ BR $2.93 $6,925 $5,457 (26.91%) $5,729 (20.87%)

Historical Rents in Thousand Oaks, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Thousand Oaks

There are a total of 3 cities nearby Thousand Oaks. The average rent in Thousand Oaks is currently $7,350 per month. Our records show that Thousand Oaks, CA, with an average rent of $5,200, is the most affordable city nearby. In contrast, the most expensive city near Thousand Oaks, CA is Malibu, CA. Monthly rents here are on average $33,750 per month.

Let's compare Thousand Oaks, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 1.00% more expensive. Two bedrooms in Thousand Oaks, CA are about 13.18% more affordable. Finally, rent for three bedrooms are about 21.51% more affordable. Want more information? Check out the top 3 cities near Thousand Oaks, CA in the following chart.
City Studio 1 Bed 2 Bed All
Thousand Oaks, CA N/A $2,475 $3,645 $5,200
Calabasas, CA N/A N/A $3,950 $7,350
Malibu, CA $5,948 $6,000 $6,500 $33,750

Top Neighborhoods Near Thousand Oaks

There are a total of 2 neighborhoods in or near Thousand Oaks. We've included all of these top 2 neighborhoods in or near Thousand Oaks, CA in the following chart.

The average rent for these 2 neighborhoods in or near Thousand Oaks, CA is currently around $6,850 per month. Meaning, only two neighborhoods have a higher average rent than $6,850. Interestingly, the neighborhoods' average rent is higher than Thousand Oaks's average rent, which is only $4,995. Out of all the neighborhoods in or near Thousand Oaks, Woodland Hills-Warner Center has the most affordable average rent at $5,800 per month. Whereas, at $7,900 average rent per month, Tarzana is the most expensive neighborhood in or near Thousand Oaks. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,332 $3,050 $5,800
Tarzana, Los Angeles, CA $1,743 $2,175 $3,120 $7,900

Top Counties Near Thousand Oaks

There are a total of 2 counties located by Thousand Oaks, CA.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Thousand Oaks

There is one zipcode in or near Thousand Oaks, CA. The average rent for this zipcode is $3,800.

The following chart includes the zipcode in or near Thousand Oaks, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
91367, Los Angeles, CA N/A $2,300 $3,050 $3,800

Frequently Asked Questions - Thousand Oaks Average Rents

What is the average rent price in Thousand Oaks, CA?
The average monthly rental price for Thousand Oaks, CA apartments for rent is approximately $4,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Thousand Oaks, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Thousand Oaks, CA.
How much is a studio apartment in Thousand Oaks, CA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Thousand Oaks.
How much is a one bedroom apartment in Thousand Oaks, CA?
The average monthly rental price for one bedroom apartments is $2,500 and an average price per square feet of $5.25. There are a total of 4 one bedroom apartment listings currently available for rent in Thousand Oaks.
How much is a two bedroom apartment in Thousand Oaks, CA?
The average monthly rental price for two bedroom apartments is $3,490 and an average price per square feet of $3.09. There are a total of 11 two bedroom apartment listings currently available for rent in Thousand Oaks.
How have rent prices in Thousand Oaks, CA changed this year?
Rent prices for rentals in Thousand Oaks, CA can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.21%, and three bedroom rental prices have changed by 0.21% year-over-year.
What is a reasonable rent price in Thousand Oaks, CA?
A reasonable rent price in Thousand Oaks, CA is around $3,996/month. You can search for these reasonably priced rental listings on RentHop.
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