Cheap Apartments for Rent in Thousand Oaks, CA from $1,495 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Thousand Oaks.

property at 235 Sundown Rd
$2,000

Total Monthly Price

Base Rent$2,000

Total Monthly Price$2,000
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

235 Sundown Rd

Thousand OaksCA91361
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 898 Maplewood Ave
$2,400

Total Monthly Price

Base Rent$2,400

Total Monthly Price$2,400
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

898 Maplewood Ave

Thousand OaksCA91320
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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104 Maegan Pl, Unit 3
$2,499

Total Monthly Price

Base Rent$2,499

Total Monthly Price$2,499
2 Bedroom Apartment Available Now

104 Maegan Pl, Unit 3

104 Maegan PlThousand Oaks, CA 91362
Affordability
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399 Erbes Rd.
$2,500 - $3,350

Total Monthly Price

Base Rent$2,500 - $3,350

Total Monthly Price$2,500 - $3,350
1 to 3 Bedroom Apartments Available Now

399 Erbes Rd.

399 Erbes RdThousand Oaks, CA 91362
Affordability
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Granada Gardens Apartments
1 to 3 Bedroom Apartments

Granada Gardens Apartments

101 W Avenida de los ArbolesThousand Oaks, CA 91360
  • Utilities Included
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Conejo Park Apartments
2 Bedroom Apartments

Conejo Park Apartments

2763 Calle QuebrachoThousand Oaks, CA 91360
  • Utilities Included
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Mountain Shadow Apartments
1 to 2 Bedroom Apartments

Mountain Shadow Apartments

2760 Borchard RdThousand Oaks, CA 91320
Senior Living
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 466 Fresh Meadows Rd
$875

Total Monthly Price

Base Rent$875

Total Monthly Price$875
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

466 Fresh Meadows Rd

Simi ValleyCA93065
property at 4060 Summershade Ln
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

4060 Summershade Ln

MoorparkCA93021

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Thousand Oaks, CA Local Guide

Cheapest Neighborhoods for Apartments in Thousand Oaks, CA

Pricing Updated: 09/06/2026

Current apartment rentals in the Thousand Oaks, CA area range in price from $1,495 to $6,300 with an overall median price of $2,997. The three Thousand Oaks neighborhoods with the lowest median rent pricing are Northoaks at $2,819, Central Thousand Oaks at $2,899, and Downtown Thousand Oaks at $2,923. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Thousand Oaks Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northoaks$2,819$1,75084
Central Thousand Oaks$2,899$1,49571
Downtown Thousand Oaks$2,923$1,75071
Oakbrook Village$2,959$2,008107
Brock Collection$2,972$2,008108
Monte Sereno$2,990$1,750108
Lynn Ranch$2,991$1,49596
Lynn Ranch North$3,004$1,750104
Outer Thousand Oaks$3,021$1,495339
Hidden Canyon$3,049$2,29538

Cheapest Available Thousand Oaks Apartments for Rent

 

The cheapest available apartment rental in Thousand Oaks, CA is a 1 Bed unit found at Hillcrest Park in the Northoaks neighborhood priced from $1,939. Charter Oaks Apartments in the Northoaks neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,998. Here is today’s list of the most affordable Thousand Oaks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillcrest ParkThe Miramar1BR,1BA$1,939
Charter Oaks ApartmentsStudio Plan 8Studio,1BA$1,998
St. Charles Oaks ApartmentsOne Bedroom1BR,1BA$2,058
Mount Clef Apartments1 bedroom w/balcony1BR,1BA$2,120
La Cresta ApartmentsPlan E - 1 Bedroom, 1 Bath1BR,1BA$2,295
Casa Linda Apartments2 Bdrm 1.5 Bth2BR,1BA$2,381
Arroyo Villa Apartments1 Bed 1 Bath A1BR,1BA$2,391
Arrive Laurie LaneHibiscus1BR,1BA$2,459
Arrive Westlake VillageA11BR,1BA$2,499

Best Value Apartments for Rent in Thousand Oaks, CA

As of September 06, 2026 the best value apartment in the Thousand Oaks area is the $2.48 price per square foot 3 Bed / 2.5 Bath Townhomes Model at Rancho Serrano - Townhomes in the in the Southshore Hills neighborhood starting from $4,500. The second greatest value Thousand Oaks apartment is the 2 Bedroom 2 Bathrooms Model at The Meadows at Westlake Village starting at $2,865 with a $2.31 price per square foot in the Southshore Hills neighborhood. Here is today’s list of the best values for Thousand Oaks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rancho Serrano - Townhomes3 Bed / 2.5 Bath Townhomes3BR,2.5BA$2.48
The Meadows at Westlake Village2 Bedroom 2 Bathrooms2BR,2BA$2.31
Casa Linda Apartments2 Bdrm 1.5 Bth2BR,1.5BA$2.30
Monarch at Dos VientosPlan B22BR,2BA$3.11
Sofi Thousand Oaks1 Bed 1 Bath with Den Slider1BR,1BA$2.75
Westlake VillasThe Acacia1BR,1BA$3.00
Enclave 6931 Bedroom - Alcove1BR,1BA$3.14
Arrive Laurie LaneHibiscus1BR,1BA$3.07
eaves Thousand Oaks7831BR,1BA$3.07
Hillcrest ParkThe Miramar1BR,1BA$2.72

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Thousand Oaks, CA
Population: 127,690

Ranked #218

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Thousand Oaks Apartments

What is the Cheapest Studio apartment in Thousand Oaks?

Currently the most affordable Cheap Studio Apartment in Thousand Oaks is at Charter Oaks Apartments listed at $1,998.

How much is rent for a Cheap One Bedroom Thousand Oaks Apartment?

The lowest price for a Cheap One Bedroom Thousand Oaks Apartment is $1,939 at Hillcrest Park.

What is the lowest price for a Cheap Two Bedroom Thousand Oaks Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Thousand Oaks is starting from $2,381 at Casa Linda Apartments.

What is the most affordable Thousand Oaks Three Bedroom Apartment?

The best deal on a cheap Thousand Oaks Three Bedroom Apartment rental is at 399 Erbes Rd. and starts from $2,975.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.