Cheap Apartments for Rent in the Downtown Thousand Oaks Neighborhood of Thousand Oaks, CA from $1,900 (29 Rentals)

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

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.

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property at 158 Maegan Pl

$2,400

2 Bedroom, 2 Bath Rentals

Available Now

6

158 Maegan Pl
Thousand OaksCA91362

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.

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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.

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The Oaks Apartments
2 Bedroom Apartments

The Oaks Apartments

951 Warwick AveThousand Oaks, CA 91360
  • Utilities Included
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Sofi Thousand Oaks
1 to 3 Bedroom Apartments

Sofi Thousand Oaks

491 W Gainsborough RdThousand Oaks, CA 91360

Cash 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.

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Showing Results 1-29, Page 1 of 1

Downtown Thousand Oaks, Thousand Oaks, CA Local Guide

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 St. Charles Oaks Apartments priced from $2,038. Charter Oaks Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,121. Here are the most affordable Downtown Thousand Oaks apartments for rent in Thousand Oaks, CA:

Apartment ListingModel NameBed/BathPriced From
St. Charles Oaks ApartmentsOne Bedroom1BR,1BA$2,038
Charter Oaks ApartmentsStudio Plan 8Studio,1BA$2,121
La Cresta ApartmentsPlan C - 1 Bedroom, 1 Bath1BR,1BA$2,150
399 Erbes Rd.1BR/1BA1BR,1BA$2,500
Arrive Thousand OaksAcacia1BR,1BA$2,579
eaves Thousand Oaks7831BR,1BA$2,585
Arrive Laurie LaneHibiscus1BR,1BA$2,599
Arrive Rolling OaksCedar1BR,1BA$2,669
Arrive on the HillB1A2BR,2BA$2,699
Yolo Apartment HomesWater - 2nd Floor2BR,2BA$2,700

Best Value Apartments for Rent in Downtown Thousand Oaks, CA

As of July 20, 2026 the best value apartment in the Downtown Thousand Oaks area is the $2.56 price per square foot 3 Bed / 2.5 Bath Townhomes Model at Rancho Serrano - Townhomes in the in the Southshore Hills neighborhood starting from $4,656. The second greatest value Downtown Thousand Oaks apartment is the Plan 2A Model at The Harrington starting at $2,950 with a $2.83 price per square foot in the Southshore Hills neighborhood. Here is today’s list of the best values for Downtown 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$2.56
The HarringtonPlan 2A2BR,2BA$2.83
Sofi Thousand Oaks1 Bed 1 Bath with Den Slider1BR,1BA$2.81
Park View Apartment Homes2 Bedroom/2 Bath2BR,2BA$3.22
Yolo Apartment HomesWater - 2nd Floor2BR,2BA$2.96
St. Charles Oaks ApartmentsTwo Bedroom2BR,1BA$3.40
Arrive at the RetreatJade1BR,1BA$3.36
Arrive Laurie LaneHibiscus1BR,1BA$3.25
eaves Thousand Oaks7831BR,1BA$3.30
La Cresta ApartmentsPlan D - 1 Bedroom, 1 Bath1BR,1BA$3.28

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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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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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.

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Pet Friendly Lifestyle
Downtown Thousand Oaks, Thousand Oaks, CA

Ranked #5

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

What is the Cheapest Studio apartment in Downtown Thousand Oaks?

Currently the most affordable Cheap Studio Apartment in Downtown Thousand Oaks is at Charter Oaks Apartments listed at $2,121.

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 $2,038 at St. Charles 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 $2,650 at Charter 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

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.