Average Rent in Thousand Oaks, CA

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Current Versus Historical Thousand Oaks, CA Rents

Thousand Oaks rentals average $0 for a studio rental to $9,000 for a 4-bedroom rental. The median price of all currently available listings is $5,550, or roughly $3 per square feet.

For the apartment units and housing in February 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $1,920 (-46.60%) year-over-year from $4,120 to $2,200. 1-bedroom rentals prices have decreased by $289 (-11.61%) year-over-year from $2,489 to $2,200. 2-bedroom rentals prices have increased by $394 (13.80%) year-over-year from $2,856 to $3,250. 3-bedroom rentals prices have increased by $461 (11.63%) year-over-year from $3,964 to $4,425. 4-bedroom rentals prices have increased by $2,679 (50.38%) year-over-year from $5,317 to $7,995. 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 6.91% this month. 1-bedroom rents have gone down by 16.05% this month. 2-bedroom rents have gone down by 5.80% this month. 3-bedroom rents have gone down by 14.22% this month. 4-bedroom rents have gone up by 26.60% this month.

Beds	Price / Sqft	Feb 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$4.99	$2,200	$2,489 (-11.61%)	$2,446 (-10.04%)
2 BR	$2.86	$3,250	$2,856 (13.80%)	$3,144 (3.36%)
3 BR	$2.96	$4,425	$3,964 (11.63%)	$3,764 (17.58%)
4+ BR	$3.69	$7,995	$5,317 (50.38%)	$5,246 (52.41%)

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 2 cities nearby Thousand Oaks. The average rent in Thousand Oaks is currently $20,250 per month. Only one city nearby has an average rent lower than that. Our records show that Thousand Oaks, CA, with an average rent of $5,500, 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 $35,000 per month.

Let's compare Thousand Oaks, CA's rent against other top cities nearby by bedroom size. One bedrooms are about 86.17% more affordable. Two bedrooms in Thousand Oaks, CA are about 65.10% more affordable. Finally, rent for three bedrooms are about 255.56% more affordable. Want more information? Check out the top 2 cities near Thousand Oaks, CA in the following chart.

City	Studio	1 Bed	2 Bed	All
Thousand Oaks, CA	N/A	$2,500	$3,100	$5,500
Malibu, CA	N/A	$6,250	$7,450	$35,000

Top Neighborhoods Near Thousand Oaks

There are a total of 3 neighborhoods in or near Thousand Oaks. Some of these neighborhoods include West Hills, 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 $5,500 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Thousand Oaks, West Hills has the most affordable average rent at $4,550 per month. Whereas, at $9,000 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
West Hills, Los Angeles, CA	$1,975	$2,250	N/A	$4,550
Woodland Hills-Warner Center, Los Angeles, CA	N/A	$2,200	$3,243	$5,500
Tarzana, Los Angeles, CA	$1,993	$2,025	$3,550	$9,000

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 $4,495.

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	$2,269	$3,232	$4,495

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 $5,550. 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 1 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 $2,350 and an average price per square feet of $4.99. 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 $3,195 and an average price per square feet of $2.86. There are a total of 7 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 -0.47%, one bedroom rental prices have changed by -0.12%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by 0.12% year-over-year.

What is a reasonable rent price in Thousand Oaks, CA?

A reasonable rent price in Thousand Oaks, CA is around $4,440/month. You can search for these reasonably priced rental listings on RentHop.