Rent in Thousand Oaks, CA at a glance
2-bedroom rent (HUD)
$2,693$32,316 a year · HUD fiscal year 2026From October 1, 2026: $2,424 (−10%)How much rent can you afford in Thousand Oaks, CA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Thousand Oaks, CA by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,998 | $23,976 | $79,920 | $38.42/hr |
| 1 bedroom | $2,250 | $27,000 | $90,000 | $43.27/hr |
| 2 bedroomsMost searched | $2,693 | $32,316 | $107,720 | $51.79/hr |
| 3 bedrooms | $3,652 | $43,824 | $146,080 | $70.23/hr |
| 4 bedrooms | $4,240 | $50,880 | $169,600 | $81.54/hr |
Cost of living in Thousand Oaks, CA: income, prices and a budget →
Living and working in Thousand Oaks, CA
Rent in Thousand Oaks, CA: common questions
How much is rent going down in Thousand Oaks, CA in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $2,424 for a two-bedroom, down 10% from $2,693. A one-bedroom goes from $2,250 to $2,035, a studio from $1,998 to $1,827.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Thousand Oaks, CA?
HUD's Fair Market Rent for 2026 is $2,250 for a one-bedroom and $2,693 for a two-bedroom, utilities included. That is $32,316 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Thousand Oaks, CA?
To keep a $2,693 two-bedroom at 30% of gross pay, one full-time worker needs $51.79 an hour, or $107,720 a year. A one-bedroom at $2,250 takes $43.27 an hour.
How much is a 1, 2 or 3-bedroom apartment in Thousand Oaks, CA?
At HUD's 2026 Fair Market Rent: studio $1,998, one bedroom $2,250, two $2,693, three $3,652 and four $4,240 a month.
Is rent affordable in Thousand Oaks, CA?
For the typical household, earning $135,603 a year ($11,300 a month, Census ACS), a two-bedroom at $2,693 takes 23.8% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($2,693 × 12) ÷ 0.30 = $107,720. Divided by 2,080 working hours, that is $51.79 an hour.