Average Rent in Thousand Oaks, CA

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Current Versus Historical Thousand Oaks, CA Rents

Thousand Oaks rentals average $3,088 for a studio rental to $6,000 for a 4-bedroom rental. The median price of all currently available listings is $4,800, or roughly $3 per square feet.
For the apartment units and housing in December 2024, median rents have risen over the last year. Studio rentals prices have decreased by $215 (-6.40%) year-over-year from $3,360 to $3,145. 1-bedroom rentals prices have increased by $175 (6.65%) year-over-year from $2,632 to $2,808. 2-bedroom rentals prices have increased by $460 (15.13%) year-over-year from $3,040 to $3,500. 3-bedroom rentals prices have increased by $1,309 (33.21%) year-over-year from $3,941 to $5,250. 4-bedroom rentals prices have decreased by $106 (-1.88%) year-over-year from $5,606 to $5,500. 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 down by 5.44% this month. 1-bedroom rents have gone up by 4.30% this month. 2-bedroom rents have gone up by 5.02% this month. 3-bedroom rents have gone up by 10.14% this month. 4-bedroom rents have gone down by 3.79% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.65 $3,145 $3,360 (-6.40%) $2,069 (52.03%)
1 BR $3.72 $2,808 $2,632 (6.65%) $2,219 (26.52%)
2 BR $3.14 $3,500 $3,040 (15.13%) $3,144 (11.31%)
3 BR $2.83 $5,250 $3,941 (33.21%) $3,683 (42.55%)
4+ BR $2.76 $5,500 $5,606 (-1.88%) $5,729 (-4.00%)

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 $6,970 per month. Our records show that Thousand Oaks, CA, with an average rent of $4,995, 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 $19,998 per month.

Let's compare Thousand Oaks, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Thousand Oaks, CA is on par with the other cities nearby. One bedrooms are about 15.17% more affordable. Two bedrooms in Thousand Oaks, CA are about 3.81% more affordable. Finally, rent for three bedrooms are about 8.77% more expensive. 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 $3,088 $2,250 $3,395 $4,995
Calabasas, CA N/A $2,764 $3,475 $6,970
Malibu, CA $4,950 $6,098 $8,200 $19,998

Top Neighborhoods Near Thousand Oaks

There are a total of 3 neighborhoods in or near Thousand Oaks. Some of these neighborhoods include Reseda, Woodland Hills-Warner Center, and Tarzana. We've included all of these top 3 neighborhoods in or near Thousand Oaks, CA in the following chart.

The average rent for these 3 neighborhoods in or near Thousand Oaks, CA is currently around $4,950 per month. A total of one neighborhood has a lower average rent. Meaning, only two neighborhoods have a higher average rent than $4,950. Interestingly, the neighborhoods' average rent is higher than Thousand Oaks's average rent, which is only $4,800. Out of all the neighborhoods in or near Thousand Oaks, Reseda has the most affordable average rent at $3,525 per month. Whereas, at $6,700 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
Reseda, Los Angeles, CA $1,700 $1,900 $3,175 $3,525
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,399 $3,329 $4,950
Tarzana, Los Angeles, CA N/A $2,175 $3,375 $6,700

Top Counties Near Thousand Oaks

There are a total of 3 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 $3,999.

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 $2,410 $3,300 $3,999

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 $4,800. 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 $3,088 and an average price per square feet of $5.65. There are a total of 3 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 $2,400 and an average price per square feet of $3.72. There are a total of 2 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 $3,348 and an average price per square feet of $3.14. There are a total of 16 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 -0.06%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.33% year-over-year.
What is a reasonable rent price in Thousand Oaks, CA?
A reasonable rent price in Thousand Oaks, CA is around $3,840/month. You can search for these reasonably priced rental listings on RentHop.
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