ZIP Code · CA

ZIP 91320

Pop. 43,472·Ventura County·198th most expensive ZIP in California
Median rent (all units)
$3,447/mo
Year-over-Year
+1.6%
Month-over-Month
Stable
vs US Median
+$1,515
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 91320 · $3,447
More expensive than 95% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,370
1 BR
$2,660
2 BR
$3,190
3 BR
$4,330
4 BR+
$5,020
Research median
$3,190/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

March. Asking rents in ZIP 91320 usually run 0.7% below trend in March and 0.8% above it in July, about $52 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 91320 is 0.2% below its high of $3,454 in June 2026, at $3,447 as of September 2026.

Past year vs. the rest of California

Rent in ZIP 91320 changed +1.6% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 91320 rose 31.1% while median household income rose 25.2% ($118,986 to $148,991). Rent outpaced income.

Since before the pandemic

Rent in ZIP 91320 is 38.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($148,991) is $3,725 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,190); a 3-bedroom is $4,330.

Rank in Thousand Oaks

2nd cheapest of 3 ZIP codes in Thousand Oaks.

Cheaper nearby

ZIP 93012, 3 miles away, rents for 12% less ($3,024/mo), about $5,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 91320. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$41,364/yr
At $3,447/mo median
Location
StateCA
CountyVentura County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.6% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 91320 (Thousand Oaks, CA) is majority owner-occupied, has a median income above the national average, 54.3% of residents hold a bachelor's degree or higher.

Population
43,472
Median income
$148,991
Median age
43.3
Renters
23.9%
Age distribution
22.1%
17.7%
26.3%
15%
18.9%
Under 1822.1%
18–3417.7%
35–5426.3%
55–6415%
65+18.9%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
62.8%
20.5%
White62.8%
Black2%
Hispanic20.5%
Asian11%
Other3.7%
Education (25+)
14.6%
25.9%
54.3%
No HS diploma5.2%
HS diploma14.6%
Some college25.9%
Bachelor's+54.3%
Housing tenure
76.1%
23.9%
Owner76.1%
Renter23.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 91320 in Thousand Oaks, CA has changed in 5 years

Rent
$2,747 → $3,447
up 25.5%
Income
$130,893 → $148,991
up 13.8%
Population
44,356 → 43,472
down 2.0%
Renter share
25.1% → 23.9%
-1.2 pts
Bachelor's+
49.7% → 54.3%
+4.6 pts
Median age
42.7 → 43.3
+0.6 yrs

Across the past five years, the going rent in ZIP 91320 in Thousand Oaks, CA has shifted from $2,747 to $3,447, up 25.5% since 2021. On the earnings side, the typical household in ZIP 91320 in Thousand Oaks, CA now reports about $148,991, up from $130,893 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 91320 in Thousand Oaks, CA losing about 884 residents over the five-year window, down 2.0% on net. Bachelor's-degree-or-higher attainment moved from 49.7% to 54.3% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 91320 in Thousand Oaks, CA reflects that arc in its own way.

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About renting in ZIP 91320

Last updated: October 17, 2026

ZIP code 91320 covers Thousand Oaks, CA. The median rent here is $3,447/mo as of October 2026. A 1-bedroom rents for a median of $2,660/mo. A 2-bedroom rents for a median of $3,190/mo.

At 28% of local median household income ($148,991/yr), ZIP 91320 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 91320?

To keep rent at or below 30% of gross income, you would need to earn at least $138,000/year (about $66/hour full-time) to afford the median rent of $3,447/mo in ZIP 91320. The local median household income is $148,991/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 91320?

Rent in ZIP 91320 has risen 1.6% over the past year as of September 2026. It sits 0.2% below its high of $3,454 in June 2026.

When is the cheapest time to rent in ZIP 91320?

Asking rents in ZIP 91320 are usually lowest in March, about 0.7% below their yearly trend, and highest in July, about 0.8% above it. At today's median that is a gap of roughly $52 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 91320?

Yes. From 2019 to 2024, rent in ZIP 91320 rose 31.1% while median household income rose 25.2%, from $118,986 to $148,991. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 91320 compare to other ZIPs in California?

ZIP 91320 is one of the pricier among California ZIP codes for rent, ranking #198 of 898 at $3,447/mo. Over the year to September 2026, rent in ZIP 91320 changed +1.6%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 91320 compare to the rest of Thousand Oaks?

At $3,447/mo, ZIP 91320 is $90 above the Thousand Oaks citywide median of $3,357/mo. It is the 2nd cheapest of 3 ZIP codes in Thousand Oaks.
Income Affordability
28%
AFFORDABLE

At $3,447/mo, rent takes ~28% of ZIP 91320's median household income ($148,991/yr). The standard benchmark is 30%.

ZIP 91320 28%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 91320 (Thousand Oaks, CA)

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