Renters’ Guide to Thousand Oaks
Thousand Oaks is a large suburban city in Southern California, resting just 35 miles northwest of Los Angeles. Thousand Oaks is also just 70 miles northwest of Anaheim, and a short 15 miles north of Malibu.
The city was officially the first incorporated city in the Conejo Valley, and is well-known for being one of the few cities in the area to have actually followed and stuck with a master plan. It has also encouraged mixed-use development, giving the city’s downtown a unique mix of both retail and residential areas.
The weather in Thousand Oaks is very pleasant, as the area experiences a dry-summer subtropical zone climate, with dry, sunny summers and very mild winters with moderate rainfall.
Thousand Oaks, CA Demographics
- Total Population145,061
Female 71,045Male 74,016
- Median Age43
Cost of Living in Thousand Oaks, CA
Thousand Oaks offers several different options for public transport, as the VISTA, LADOT and Metro Commuter Express bus provides lines to Los Angeles, Santa Barbara, Simi Valley and more. The Amtrak Coast Starlight also provides public transport around the area, stopping at the Oxnard Transit Center as well as the Simi Valley Amtrak/Metrolink Station. A one-way ticket for the bus or Amtrak typically costs $1.50-$1.75.
To grab a bite for dinner at a local restaurant, Thousand Oaks residents can expect to spend between $35 and $70 depending on the place, with the average meal for two costing around $60. As for the average utility cost in Thousand Oaks, residents pay just above $134 per month for utilities such as electricity, heating and water, slightly below the national average of $140.
Average Rent in Thousand Oaks, CA
- Thousand Oaks, CA Average Rental Price, May 2018$2,033/mo
- 1 Bedroom$1,878
- 2 Bedrooms$2,090
Thousand Oaks, CA Apartment Rent Ranges
- > $2,00054%
Thousand Oaks, CA Rent Trends
|All rentals||Studio||1 Bed||2 Beds||3 Beds|
|May / 2018||$2,033||$1,464||$1,878||$2,090|
|Sept / 2017||$2,087||$1,536||$1,881||$2,137|
|May / 2017||$2,106||$1,428||$1,863||$2,203|
|Jan / 2017||$2,021||$1,434||$1,835||$2,078|
|Sept / 2016||$1,945||$1,410||$1,744||$2,010|
|May / 2016||$1,987||$1,426||$1,793||$2,049|
|Jan / 2016||$1,915||$1,349||$1,723||$1,983|
|Sept / 2015||$1,893||$1,322||$1,734||$1,921|
|May / 2015||$1,876||$1,302||$1,701||$1,958|
|Jan / 2015||$1,771||$1,256||$1,582||$1,836|
Average rent is projected to grow by 5% in 2018 compared to 2017.
Please note that projected rent growth is calculated at city level.
Average rent values on this page are aggregated from data from the following zip codes: 91320913609136191362
Living in Thousand Oaks, CA
One of the biggest pros to living in Thousand Oaks is that it’s a great place to raise a family. Not only does the area have excellent school districts, but according to an annual report by the FBI, Thousand Oaks, CA was named the 4th safest city to live in America with over 100,000 people in 2013.
One of the few cons to living in Thousand Oaks is the relatively high cost of living compared to other areas of the state. Although the cost of living in Thousand Oaks is considerably less than many other nearby Los Angeles suburbs, so many also view the cost of living as a positive.
Things to Do in Thousand Oaks
Thousand Oaks offers a little something for everyone and has a wide variety of nightlife options.
For a night out to dinner there are no shortage of restaurants in Thousand Oaks, and the city boasts a wide variety of options. Borderline Bar and Grill is one of the most popular spots in town, and has nightly entertainment that includes comedy, west coast swing, and salsa dancing.
Thousand Oaks also offers a wide range of shopping options, most notably the Thousand Oaks Mall, also known as The Oaks. The Oaks mall features over 100 stores, more than a dozen restaurants, and even has a movie theater.
Thousand Oaks also has great recreational options, with the most popular being the Thousand Oaks Community Park. The park covers over 35 acres, and includes full-sized softball and soccer fields, tennis courts, a disc golf course, playground, and picnic area. For something to do in Thousand Oaks without spending money, the park also hosts many large-scale events throughout the year including a spring arts and crafts festival, free summer concert series, and Bark in the Park—one of the biggest dog festivals in Ventura county.
And for things to do with kids, the Grant R. Brimhall Library has an amazing area for children, including a 3,800-gallon saltwater aquarium, a technology training area, kids’ programming room, and quiet study rooms! Or they can check out the Thousand Oaks Civic Plaza, an amphitheater hosting hundreds of concerts, recitals, plays, and more every year.
Sports fans in Thousand Oaks can head to the Sherwood Country Club, a Jack-Nicklaus-designed course which is home to the annual Chevron World Challenge golf tournament hosted by Tiger Woods. The Los Angeles Rams also train nearby, and both the Rams and the Chargers of the NFL play their games in Los Angeles.
Employment & Economy
The local economy of Thousand Oaks includes a wide range of businesses, including electronics, automotive, healthcare, telecommunications, biotechnology and finance. J.D. Power and Associates, Amgen, SAGE Publications and Teledyne Technologies all have headquarters here, while Verizon, Audi, General Motors, BMW, Anthem Blue Cross and Bank of America all have regional offices in Thousand Oaks.
With such a wide variety of businesses and jobs in the city, the unemployment rate in Thousand Oaks is just 4.9%, well below the California state average of 6.3%.
Thousand Oaks, CA Households
- Total Number of Households52,101
Family 37,616Non-family 14,484
Children 16,918No Children 35,183
- Average People Per Household2.62
- Median Household Income$104,382
- Median Housing Costs Per Month$2,245
Education in Thousand Oaks
Thousand Oaks has a great public school system and is served by the Conejo Valley Unified School District. The district has numerous secondary public schools including Thousand Oaks High School, Newbury Park High School and Westlake High School. Thousand Oaks residents even have a local college, as California Lutheran University is located in the heart of the city.
The Thousand Oaks Library system is also widely renowned, ranking consistently as one of the best public libraries in the state of California. The library system includes the Grant R. Brimhall Library in Thousand Oaks, as well as the Newbury Park Branch Library in Newbury Park.
Thousand Oaks, CA Education Statistics
- No High School3%
- Some High School19%
- Some College24%
- Associate Degree8%
- Bachelor Degree27%
- Graduate Degree19%
Tips for Renting in Thousand Oaks
Thousand Oaks renters’ rights are governed by California state law, and for the most part are consistent with US tenant laws. Although California does have some important regulations regarding owners and tenants that renters should be aware of. Any owner who wants a tenant to move must give them 30-days’ written notice, or 60-days’ written notice if the tenant has lived on the property for one year or more.
Also, if tenants have any issues that affect tenantability, they can make repairs themselves or pay to have them made. Then, that money may be deducted from rent costs. However, this cannot exceed the cost of one month’s rent for any repair, and cannot be done more than twice per year.
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