Average Rent in Thousand Oaks, CA

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Current Versus Historical Thousand Oaks, CA Rents

Thousand Oaks rentals average $3,150 for a studio rental to $6,750 for a 4-bedroom rental. The median price of all currently available listings is $4,195, or roughly $3 per square feet.
For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $170 (5.70%) year-over-year from $2,980 to $3,150. 1-bedroom rentals prices have increased by $285 (11.02%) year-over-year from $2,582 to $2,867. 2-bedroom rentals prices have increased by $300 (10.17%) year-over-year from $2,950 to $3,250. 3-bedroom rentals prices have increased by $865 (21.43%) year-over-year from $4,035 to $4,900. 4-bedroom rentals prices have increased by $619 (11.51%) year-over-year from $5,381 to $6,000. 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 10.13% this month. 1-bedroom rents have gone up by 5.78% this month. 2-bedroom rents have gone down by 0.14% this month. 3-bedroom rents have gone up by 7.30% this month. 4-bedroom rents have gone down by 6.25% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.76 $3,150 $2,980 (5.70%) $2,052 (53.49%)
1 BR $3.61 $2,867 $2,582 (11.02%) $2,221 (29.08%)
2 BR $3.26 $3,250 $2,950 (10.17%) $2,882 (12.78%)
3 BR $2.84 $4,900 $4,035 (21.43%) $3,603 (36.01%)
4+ BR $2.90 $6,000 $5,381 (11.51%) $5,717 (4.96%)

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 $5,950 per month. Our records show that Thousand Oaks, CA, with an average rent of $4,500, 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 $22,000 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 39.84% more expensive than other cities nearby. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Thousand Oaks, CA are about 16.15% more affordable. Finally, rent for three bedrooms are about 8.62% 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 $3,150 $2,874 $3,250 $4,500
Calabasas, CA N/A $2,550 $3,775 $5,950
Malibu, CA $1,895 $6,500 $7,900 $22,000

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 $5,300 per month. Meaning, only two neighborhoods have a higher average rent than $5,300. Interestingly, the neighborhoods' average rent is higher than Thousand Oaks's average rent, which is only $4,195. Out of all the neighborhoods in or near Thousand Oaks, Woodland Hills-Warner Center has the most affordable average rent at $4,800 per month. Whereas, at $5,800 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 $2,439 $3,292 $4,800
Tarzana, Los Angeles, CA N/A $2,100 $3,350 $5,800

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 $4,075.

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 $2,450 $3,296 $4,075

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 $4,195. 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 $3,150 and an average price per square feet of $5.76. There are a total of 2 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 $2,874 and an average price per square feet of $3.61. There are a total of 10 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 $3,250 and an average price per square feet of $3.26. There are a total of 18 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 0.11%, two bedroom rental prices have changed by 0.10%, 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 $3,356/month. You can search for these reasonably priced rental listings on RentHop.
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