Rents are 8% below what Westlake Village's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $4,456 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Westlake Village, CA is majority owner-occupied, has a large retiree population, has a median income above the national average, 63.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Westlake Village, CA has changed in 5 years
Five years ago, renters in Westlake Village, CA paid around $3,075 a month. That figure now sits near $4,456, up 44.9% from the 2021 baseline. On the earnings side, the typical household in Westlake Village, CA now reports about $179,954, up from $166,316 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Westlake Village, CA losing about 338 residents over the five-year window, down 4.2% on net. Bachelor's-degree-or-higher attainment moved from 68.7% to 63.8% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Westlake Village, CA reflects that arc in its own way.
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Can you afford rent in Westlake Village on your salary?
At $4,456/mo, how Westlake Village rent compares to typical pay (30% rule).
Westlake Village rent by bedroom count
Median rent for each apartment size in Westlake Village. Click any size for full breakdown.
Tips for renters in Westlake Village
Last updated: August 17, 2026
The median rent in Westlake Village is $4,456/mo as of August 2026. A studio apartment averages $2,440/mo while a 2-bedroom runs $3,390/mo. One-bedroom apartments average $2,780/mo and 3-bedroom units go for $4,500/mo.
At 30% of local median household income ($179,954/yr), Westlake Village ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.5% over the past year.
Frequently asked questions
Is Westlake Village an affordable city for renters?
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Is rent going up or down in Westlake Village?
How does Westlake Village rent compare to other cities in California?
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What percentage of Westlake Village residents rent vs. own?
How does Westlake Village rent compare to the national average?
At $4,456/mo, rent takes ~30% of Westlake Village's median household income ($179,954/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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