
Cheap Apartments for Rent in the Downtown Thousand Oaks Neighborhood of Thousand Oaks, CA from $1,800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Thousand Oaks area of Thousand Oaks.


1348 E Hillcrest Dr

Park View Apartment Homes

Arrive Laurie Lane
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.

Arrive Thousand Oaks

Avalon Thousand Oaks Plaza

Arrive at the Retreat

427 Arbor Ln Ct
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.

1348 E Hillcrest Dr

325 Los Padres Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $2,862 | $2,400 | $3,088 |
Downtown Thousand Oaks 1 Bedroom Apartments | $2,936 | $2,350 | $4,665 |
Downtown Thousand Oaks 2 Bedroom Apartments | $3,437 | $2,850 | $4,987 |
Downtown Thousand Oaks 3 Bedroom Apartments | $4,366 | $3,995 | $4,875 |
Browse Apartments in this Neighborhood
There are currently 15 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
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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 $2,324. Park View Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $2,400. 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 2 | 1BR,1BA | $2,324 |
Park View Apartment Homes | Studio | Studio,1BA | $2,400 |
Arrive Laurie Lane | Hibiscus | 1BR,1BA | $2,505 |
St. Charles Oaks Apartments | One Bedroom | 1BR,1BA | $2,541 |
Wilbur Oaks Apartments | One Bedroom | 1BR,1BA | $2,597 |
Best Value Apartments for Rent in Downtown Thousand Oaks, CA
As of June 24, 2025 the best value apartment in the Downtown Thousand Oaks area is the $2.94 price per square foot B1 Model at Arrive on the Hill in the in the Northoaks neighborhood starting from $2,936. The second greatest value Downtown Thousand Oaks apartment is the 1 Bed 1 Bath w Den Slider Model at Sofi Thousand Oaks starting at $2,841 with a $2.84 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. |
---|---|---|---|
Arrive on the Hill | B1 | 2BR,2BA | $2.94 |
Sofi Thousand Oaks | 1 Bed 1 Bath w Den Slider | 1BR,1BA | $2.84 |
Yolo Apartment Homes | Earth - Ground Floor | 2BR,2BA | $3.18 |
Arrive Thousand Oaks | Balsa | 2BR,1BA | $3.28 |
Avalon Thousand Oaks Plaza | 820 | 1BR,1BA | $3.51 |
Arrive Laurie Lane | Hibiscus | 1BR,1BA | $3.13 |
eaves Thousand Oaks | 783 | 1BR,1BA | $3.35 |
Wilbur Oaks Apartments | One Bedroom | 1BR,1BA | $3.33 |
Arrive Rolling Oaks | Cedar | 1BR,1BA | $3.63 |
Charter Oaks Apartments | One Bedroom Plan 2 | 1BR,1BA | $3.32 |
Quick 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 neighborhoods in Thousand Oaks, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet 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!
Getting Around the Downtown Thousand Oaks Neighborhood in Thousand Oaks, CA
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Thousand Oaks Apartments
What is the Cheapest Studio apartment in Downtown Thousand Oaks?
Currently the most affordable Cheap Studio Apartment in Downtown Thousand Oaks is at Park View Apartment Homes listed at $2,400.
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 $2,324 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 $2,778 at Charter Oaks Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.