
Cheap Homes for Rent in Downtown Thousand Oaks Neighborhood of Thousand Oaks, CA from $2,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Thousand Oaks area of Thousand Oaks.


2486 Pleasant Way

Unit 7

Total Monthly Price
351 Hodencamp 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.

Total Monthly Price
351 Hodencamp Rd

1785 Orinda Ct

161 Heavenly Valley Rd

1790 Aleppo Ct
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.

1853 Aleppo Ct
Downtown Thousand Oaks, Thousand Oaks, CA Local Guide

How much does it cost to rent a home in Downtown Thousand Oaks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Thousand Oaks 2 Bedroom Homes for Rent | $3,421 | $2,690 | $3,800 |
| Downtown Thousand Oaks 3 Bedroom Homes for Rent | $4,120 | $3,145 | $6,500 |
| Downtown Thousand Oaks 4 Bedroom Homes for Rent | $6,060 | $4,500 | $9,500 |
| Downtown Thousand Oaks 5 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Thousand Oaks Neighborhood of Thousand Oaks, CA.
Explore 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 La Cresta Apartments priced from $2,295. Charter Oaks Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $2,380. Here are the most affordable Downtown Thousand Oaks apartments for rent in Thousand Oaks, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| La Cresta Apartments | Plan D - 1 Bedroom, 1 Bath | 1BR,1BA | $2,295 |
| Charter Oaks Apartments | Studio Plan 8 | Studio,1BA | $2,380 |
| 399 Erbes Rd. | 1BR/1BA | 1BR,1BA | $2,500 |
Best Value Apartments for Rent in Downtown Thousand Oaks, CA
As of May 28, 2026 the best value apartment in the Downtown Thousand Oaks area is the $2.72 price per square foot 3 Bed / 2.5 Bath Townhomes Model at Rancho Serrano - Townhomes in the in the Southshore Hills neighborhood starting from $4,950. The second greatest value Downtown Thousand Oaks apartment is the 2BR/2.0BA Model at 77 North Apartments starting at $3,895 with a $3.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rancho Serrano - Townhomes | 3 Bed / 2.5 Bath Townhomes | 3BR,2.5BA | $2.72 |
| 77 North Apartments | 2BR/2.0BA | 2BR,2BA | $3.04 |
| Sofi Thousand Oaks | 2 Bed 1.5 Bath | 2BR,1.5BA | $2.91 |
| The Harrington | Plan 2A | 2BR,2BA | $2.83 |
| Park View Apartment Homes | 2 Bedroom/2 Bath | 2BR,2BA | $3.22 |
| Yolo Apartment Homes | Water - 2nd Floor | 2BR,2BA | $2.96 |
| St. Charles Oaks Apartments | Two Bedroom | 2BR,1BA | $3.17 |
| Arrive Laurie Lane | Hibiscus | 1BR,1BA | $3.25 |
| Avalon Thousand Oaks Plaza | 789 | 1BR,1BA | $3.46 |
| La Cresta Apartments | Plan D - 1 Bedroom, 1 Bath | 1BR,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.
Read ArticleReal 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.
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 #7
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
Frequently Asked Questions about Downtown Thousand Oaks
What type of rentals are currently available in Downtown Thousand Oaks?
There are currently 56 Apartments for Rent in Downtown Thousand Oaks, CA with pricing that ranges from $2,287 to $5,419. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Thousand Oaks ranging from $2,295 to $9,500.
What is the current price range for Rental Homes in Downtown Thousand Oaks?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Thousand Oaks ranges from $2,295 to $9,500 with an average monthly rent of $4,379.
How much are larger Three and Four Bedroom Rentals in Downtown Thousand Oaks?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Thousand Oaks range from $3,350 to $5,089, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,145 to $6,500. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $4,539.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.