Low Income Apartments and Affordable Housing For Rent in Thousand Oaks, CA

Discover affordable housing in Thousand Oaks where there are 22+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Conejo Future Apartments

130 Brazil Street, Thousand Oaks, California 91360

bed 1
payment Subsidized

Villa Garcia Apartments

1379 E Thousand Oaks Blvd, Thousand Oaks, California 91362

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Garden View Terrace in Thousand Oaks

1972-2026 Los Feliz Dr, Thousand Oaks, California 91362

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Shadow Hills Apartments

227 E Wilbur Rd, Thousand Oaks, California 91360

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Mountclef Apartments

3500 Mountclef Blvd, Thousand Oaks, California 91360

payment Subsidized

559 W Avenida De Las Flores

559 W Avenida De Las Flores, Thousand Oaks, California 91360

bed 4
payment $3795/mo.

110 Maegan Pl

110 Maegan Pl, Thousand Oaks, California 91362

bed 2
payment $2400/mo.

2644 La Paloma Cir

2644 La Paloma Cir, Thousand Oaks, California 91360

bed 3
payment $3250/mo.

98 Maegan Pl

98 Maegan Pl, Thousand Oaks, California 91362

bed 3
payment $3100/mo.

Many Mansions

2096 Los Feliz Dr, Thousand Oaks, California 91362

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Oak Creek Senior Villas

367 E Thousand Oaks Blvd, Thousand Oaks, California 91360

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Shadows Apartments

1949 Los Feliz Dr, Thousand Oaks, California 91362

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Hillcrest Villas

2736 E Hillcrest Dr, Thousand Oaks, California 91362

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Fiore Gardens

220 E Hillcrest Dr, Thousand Oaks, California 91360

payment Subsidized
accessibility Accessible

Florence Janss Apartments

210 Brazil St, Thousand Oaks, California 91360

payment Subsidized

Many Mansions

760 Warwick Ave, Thousand Oaks, California 91360

Schillo Gardens

2825 Los Robles Road, Thousand Oaks, California 91362

switch_access_shortcut Short Wait
accessibility Accessible

Stoll House Apartments

3155 Los Robles Rd, Thousand Oaks, California 91362

switch_access_shortcut Short Wait
accessibility Accessible

YOLO East

1801-1831 Los Feliz Dr, Thousand Oaks, California 91362

bed 1

1854 Los Feliz Dr Apartments

1872 Los Feliz Dr, Thousand Oaks, California 91362

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

How To Identify Affordable Housing in Thousand Oaks, California

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Thousand Oaks, California
$45.72/hour
$29.72 (+186%) more than California minimum wage and $38.47 (+531%) more than the Federal minimum wage.
Learn More About Thousand Oaks, California Affordable Housing ↓

What HUD offices serve Thousand Oaks, California?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Thousand Oaks, California.

Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Thousand Oaks.

How many renters live in Thousand Oaks, California?

The City of Thousand Oaks has people living in households.

There are renters living in renter households in this City. Renters make up 26.53 percent of the population living in Thousand Oaks.

What is the rental market like in Thousand Oaks, California?

There are an estimated housing units in the Thousand Oaks area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Thousand Oaks, California, there are 1.12 rental units.

What is the vacancy rate for rentals in Thousand Oaks?

The rental vacancy rate in Thousand Oaks is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Thousand Oaks for each bedroom size?

Occupied Rental Units by Size in Thousand Oaks
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
745 3,033 4,511 3,794 1,726
Occupied Rental Units by Size in Thousand Oaks

A large number of apartments in Thousand Oaks have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Thousand Oaks

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,725 to $3,867. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,725
One BR $2,011
Two BR $2,414
Three BR $3,310
Four BR $3,867
2024 Fair Market Rents in Thousand Oaks, California

How many units are rented at Fair Market Rent (FMR) in Thousand Oaks?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 258 35 percent
One BR 546 18 percent
Two BR 509 11 percent
Rental Units Below FMR in Thousand Oaks, California

How many affordable rental units are in Thousand Oaks?

There are a variety of federal affordable housing programs serving households in Thousand Oaks, California including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Thousand Oaks, California

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Thousand Oaks, California

Thousand Oaks features 284 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Thousand Oaks, California

There are 544 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Thousand Oaks.

Housing Choice Vouchers in Thousand Oaks, California

On average, Section 8 Housing Choice vouchers pay Thousand Oaks landlords $1,100 per month towards rent. The average voucher holder contributes $500 towards rent in Thousand Oaks.

The maximum amount a voucher would pay on behalf of a low-income tenant in Thousand Oaks, California for a two-bedroom apartment is between $2,173 and $2,655.

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening