Rents are 7% below what Thousand Oaks's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: July 20, 2026
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Who lives here
Thousand Oaks, CA is majority owner-occupied, has a large retiree population, has a median income above the national average, 51.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Thousand Oaks, CA has changed in 5 years
Five years ago, renters in Thousand Oaks, CA paid around $2,756 a month. That figure now sits near $3,274, up 18.8% from the 2021 baseline. Census figures show median household income at $135,603 today, compared with $113,942 five years earlier. Census counts show Thousand Oaks, CA losing about 2,069 residents over the five-year window, down 1.6% on net. The renter share has eased from 30.8% to 29.2%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 49.2% to 51.4% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Can you afford rent in Thousand Oaks on your salary?
At $3,274/mo, how Thousand Oaks rent compares to typical pay (30% rule).
Thousand Oaks rent by bedroom count
Median rent for each apartment size in Thousand Oaks. Click any size for full breakdown.
Tips for renters in Thousand Oaks
Last updated: July 20, 2026
The median rent in Thousand Oaks is $3,274/mo as of July 2026. A studio apartment averages $2,223/mo while a 2-bedroom runs $3,057/mo. One-bedroom apartments average $2,553/mo and 3-bedroom units go for $4,163/mo.
At 29% of local median household income ($135,603/yr), Thousand Oaks ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.6% over the past year.
Frequently asked questions
Is Thousand Oaks an affordable city for renters?
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What percentage of Thousand Oaks residents rent vs. own?
How does Thousand Oaks rent compare to the national average?
At $3,274/mo, rent takes ~29% of Thousand Oaks's median household income ($135,603/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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