
Cheap Apartments for Rent in the Downtown Thousand Oaks Neighborhood of Thousand Oaks, CA from $1,800 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Thousand Oaks area of Thousand Oaks.


1391 E Hillcrest Dr

La Cresta Apartments

Park View Apartment Homes

St. Charles Oaks Apartments

77 North Apartments

399 Erbes Rd.
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.

Arrive Thousand Oaks

Enclave 693

Wilbur Oaks Apartments

Avalon Thousand Oaks Plaza

Arrive Laurie Lane

Arrive Rolling Oaks

Yolo Apartment Homes
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Arrive at the Retreat

Arrive on the Hill

The Harrington

68 Maegan Pl

157 Newbury Ln

The Oaks Apartments

254 Sequoia Ct
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

286 Oak Leaf Dr

Sofi Thousand Oaks

1782 Orinda Ct

1346 E Hillcrest Dr

1792 E Avenida De Las Flores

1345 Alessandro Dr

Crestwood Chalets
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Downtown Thousand Oaks, Thousand Oaks, CA Local Guide

How much does it cost to rent an apartment in Downtown Thousand Oaks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Thousand Oaks Studio Apartments | $2,256 | $2,150 | $2,318 |
| Downtown Thousand Oaks 1 Bedroom Apartments | $2,805 | $2,139 | $3,619 |
| Downtown Thousand Oaks 2 Bedroom Apartments | $3,397 | $2,654 | $4,892 |
| Downtown Thousand Oaks 3 Bedroom Apartments | $4,075 | $3,350 | $5,799 |
| Downtown Thousand Oaks 4 Bedroom Apartments | $4,899 | $4,599 | $5,199 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Downtown Thousand Oaks Neighborhood of Thousand Oaks, CA.
See all Apartments in Thousand OaksExplore Thousand Oaks
Downtown Thousand Oaks, Thousand Oaks, CA Local Guide
- Nearby Thousand Oaks neighborhoods
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Cheapest Available Downtown Thousand Oaks Apartments for Rent
 The cheapest available apartment rental in the Downtown Thousand Oaks area of Thousand Oaks, CA is a 1 Bed unit found at Charter Oaks Apartments priced from $2,139. La Cresta Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,295. Here are the most affordable Downtown Thousand Oaks apartments for rent in Thousand Oaks, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Charter Oaks Apartments | One Bedroom Plan 3A | 1BR,1BA | $2,139 |
| La Cresta Apartments | Plan E - 1 Bedroom, 1 Bath | 1BR,1BA | $2,295 |
| 399 Erbes Rd. | 1BR/1BA | 1BR,1BA | $2,500 |
| Arrive Thousand Oaks | Acacia | 1BR,1BA | $2,579 |
| Avalon Thousand Oaks Plaza | 789 | 1BR,1BA | $2,626 |
| Arrive Laurie Lane | Hibiscus | 1BR,1BA | $2,629 |
| Arrive Rolling Oaks | Cedar | 1BR,1BA | $2,639 |
| St. Charles Oaks Apartments | Two Bedroom | 2BR,1BA | $2,654 |
| Sofi Thousand Oaks | 1 Bed 1 Bath with Den Slider | 1BR,1BA | $2,760 |
| Arrive at the Retreat | Jade | 1BR,1BA | $2,889 |
Best Value Apartments for Rent in Downtown Thousand Oaks, CA
As of April 18, 2026 the best value apartment in the Downtown Thousand Oaks area is the $2.65 price per square foot Plan 2C Model at The Harrington in the in the Southshore Hills neighborhood starting from $3,050. The second greatest value Downtown Thousand Oaks apartment is the 1 Bed 1 Bath with Den Slider Model at Sofi Thousand Oaks starting at $2,760 with a $2.76 price per square foot in the Northoaks neighborhood. Here is today’s list of the best values for Downtown Thousand Oaks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Harrington | Plan 2C | 2BR,2BA | $2.65 |
| Sofi Thousand Oaks | 1 Bed 1 Bath with Den Slider | 1BR,1BA | $2.76 |
| St. Charles Oaks Apartments | Two Bedroom | 2BR,1BA | $3.09 |
| Arrive at the Retreat | Jade | 1BR,1BA | $3.40 |
| Arrive Laurie Lane | Hibiscus | 1BR,1BA | $3.29 |
| Arrive Rolling Oaks | Cedar | 1BR,1BA | $3.49 |
| La Cresta Apartments | Plan E - 1 Bedroom, 1 Bath | 1BR,1BA | $3.06 |
| Arrive Thousand Oaks | Aspen | 1BR,1BA | $3.57 |
| 399 Erbes Rd. | 1BR/1BA | 1BR,1BA | $3.62 |
| Avalon Thousand Oaks Plaza | 661 | 1BR,1BA | $4.05 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Thousand Oaks, Thousand Oaks, CA
Ranked #4
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Downtown Thousand Oaks, Thousand Oaks, CA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Thousand Oaks, Thousand Oaks, and the greater Thousand Oaks area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Thousand Oaks Apartments
How much is rent for a Cheap One Bedroom Downtown Thousand Oaks Apartment?
The lowest price for a Cheap One Bedroom Downtown Thousand Oaks Apartment is $2,139 at Charter Oaks Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Thousand Oaks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Thousand Oaks is starting from $2,654 at St. Charles Oaks Apartments.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.