Thousand Oaks, CA Rental Market Trends
Highlights
The average rent for an apartment in Thousand Oaks is $2,190, a 3% increase compared to the previous year.
Average Rent in Thousand Oaks, CA
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,190 | 3% | 978 sq. ft. |
The average size for a Thousand Oaks, CA apartment is 978 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Thousand Oaks, CA Apartment Rent Ranges
- $1,001-$1,5003%
- $1,501-$2,00025%
- > $2,00072%
Thousand Oaks, CA Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
13,465 or 29% of the households in Thousand Oaks, CA are renter-occupied while 32,312 or 70% are owner-occupied.
Thousand Oaks, CA Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Thousand Oaks, CA | $1,906 | $1,973 | $2,079 | $2,045 | $2,010 | $2,089 | $2,101 | $2,133 | $2,201 | $2,169 | $2,190 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Thousand Oaks, CA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Newbury Park | $2,130 |
| Thousand Oaks City | $2,212 |
| Westlake Village | $2,309 |
| Lake Sherwood | $2,319 |
The most affordable neighborhoods in Thousand Oaks are Newbury Park, where the average rent goes for $2,130/month, Thousand Oaks City, where renters pay $2,212/mo on average, and Westlake Village, where the average rent goes for $2,309/mo.
Thousand Oaks | Rent Comparison by Neighborhood
Rent in Lake Sherwood is 9% higher than in Newbury Park
Lake Sherwood rent is 6% higher than Thousand Oaks average
| Average Rent | $2,319 |
|---|
Newbury Park rent is 3% lower than Thousand Oaks average
| Average Rent | $2,130 |
|---|
How Thousand Oaks Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Los Angeles | $2,524 | 2% |
| San Francisco | $3,629 | n/a |
| East Bay | $2,363 | 2% |
| San Diego | $2,237 | 4% |
| Long Beach | $2,106 | 5% |
| Santa Monica | $3,926 | 6% |
| West Hollywood | $2,732 | n/a |
| Glendale | $2,601 | 3% |
| Pasadena | $2,547 | 1% |
| Burbank | $2,412 | 2% |
| Thousand Oaks | $2,190 | 3% |
For more information about the Thousand Oaks rental trends, check out our monthly rent report
Check out California Cities, California Neighborhoods and California Zip Codes for more details on verified listings, including the California Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!