Average Rent in Thousand Oaks, CA (2026)

Typical asking rent in Thousand Oaks is $3,302. Across the 3 ZIP codes with data it runs from $3,227 to $3,535, so which side of town you buy on matters as much as the city average. Data as of July 2026.

Median rent
$3,302
Average rent
$3,355
Lowest ZIP
$3,227
Highest ZIP
$3,535

Rent by ZIP code in Thousand Oaks

ZIP codeCountyTypical rentvs city median
91362Ventura County$3,535+7%
91320Ventura County$3,3020%
91360Ventura County$3,227-2%

Rent by bedroom count in Thousand Oaks

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Ventura County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. Ventura County uses Small Area FMRs, and the two bedroom figure runs from $2,680 to $3,040 depending on the Thousand Oaks ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,827-8.6%
1 bedroom$2,035-9.6%
2 bedroom$2,424-10.0%
3 bedroom$3,287-10.0%
4 bedroom$3,816-10.0%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Thousand Oaks?

Typical rent across Ventura County is $2,954 as of August 2026. That is up 1.3% from a year earlier and up 20.7% over five years.

YearTypical rent, Ventura CountyChange
2021$2,549+13.6%
2022$2,675+5.0%
2023$2,757+3.1%
2024$2,863+3.9%
2025$2,931+2.4%
2026 (through August)$2,954+0.8%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Thousand Oaks rent questions

What is the average rent in Thousand Oaks, CA?
Typical asking rent in Thousand Oaks is $3,302 a month as of July 2026, across 3 ZIP codes. By ZIP code it runs from $3,227 to $3,535.
How much is rent for a 2 bedroom in Thousand Oaks?
HUD's FY2027 Fair Market Rent for a two bedroom in Ventura County is $2,424 a month including utilities. A one bedroom is $2,035 and a three bedroom is $3,287. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Thousand Oaks?
Rent is rising. Typical rent in Ventura County is $2,954 as of August 2026, up 1.3% from a year earlier.
What is the cheapest ZIP code to rent in Thousand Oaks?
ZIP 91360 has the lowest typical asking rent in Thousand Oaks at $3,227 a month, compared with $3,302 for the city overall.
How much income do you need to rent in Thousand Oaks?
Most landlords look for gross income of about three times the rent. At the typical Thousand Oaks rent of $3,302, that is about $9,906 a month, or $118,872 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Thousand Oaks sits in the Oxnard-Thousand Oaks-Ventura, CA metro area.

Other California cities

Would a rental in Thousand Oaks cash flow?

Start the analyzer with the Thousand Oaks median rent of $3,302 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.