Thousand Oaks City, CA Rental Market Trends
Last updated: February 25, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Thousand Oaks City is $2,924, a 0.6% decrease compared to the previous year, when the average rent was $2,942.
Studio Apartments at $2,558 offer the most budget-friendly option with 552 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 797 square feet for $2,641, balancing privacy and affordability.
Two-beedroom units at $2,979 offer 1,038 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,323 sq ft) for $3,591, suitable for larger households.
Average rent in Thousand Oaks City, CA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,924 | 973 sq. ft. |
| Studio | $2,558 | 552 sq. ft. |
| 1 Bed | $2,641 | 797 sq. ft. |
| 2 Beds | $2,979 | 1,038 sq. ft. |
| 3 Beds | $3,591 | 1,323 sq. ft. |
Thousand Oaks City, CA rent trends
Rental prices in Thousand Oaks City, CA have decreased by 0.6% over the past year. The average rent moved from $2,942 to $2,924.
What's the typical rent budget in Thousand Oaks City, CA?
The largest share of rentals in Thousand Oaks City, CA (54%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Thousand Oaks City, CA?
13,817 or 30% of the households in Thousand Oaks City, CA are renter-occupied while 32,451 or 70% are owner-occupied.
How Thousand Oaks City Compares to Other Cities
| City | Average Rent |
|---|---|
| Thousand Oaks City | $2,924 |
| Los Angeles | $2,740 |
| San Francisco | $3,580 |
| East Bay | $2,643 |
| San Diego | $2,958 |
| Long Beach | $2,645 |
| Sacramento | $1,894 |
| San Jose | $3,118 |
| Oakland | $2,578 |
| Tulare | $1,674 |
| Santa Monica | $3,626 |
| West Hollywood, CA | $3,087 |
| Inglewood | $2,492 |
| Glendale, CA | $2,909 |
| Burbank, CA | $2,862 |
| Hawthorne, CA | $2,009 |
| Oxnard, CA | $2,622 |
| Santa Clarita, CA | $2,609 |
| Torrance, CA | $2,492 |
| Simi Valley, CA | $2,628 |
| Camarillo, CA | $2,760 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Thousand Oaks City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.