Rent to own Homes in Thousand Oaks, CA
Thousand Oaks, California, is located in Ventura Valley in Southern California. Less than a 45 minute drive to Los Angeles, Thousand Oaks is in an area of California that continues to grow at a rapid pace. The population of Thousand Oaks in 2012 was estimated to be 128,374, up from 126,683 at the 2010 census, all of whom are living in rental apartments, rental homes, or purchased houses. Thousand Oaks was known originally as the Conejo Valley. Its name was changed to reflect the vast number of oak species in the area. Since the late 1900s, the city of Thousand Oaks has developed a reputation as an important active arts and culture community. There is great cultural diversity in the city and many foundations with missions to help artists become established. In 1914 The Thousand Oaks Civic Arts Plaza opened. Since its opening, it has hosted events that include Broadway musicals, contemporary entertainers, national touring presentations, and symphony concerts. Audiences enjoy dance recitals at the Janet and Ray Forum Theater. The Fred Kavali Theater for the Performing Arts hosts large productions along with music and singing concerts. Thousand Oaks Civic Arts Plaza has a full schedule of performances of the Conejo Valley Symphony, The New West Symphony, the Village Voices Chorale, and the Los Robles Master Chorale.
Thousand Oaks, CA is a great place for affordable rent-to-own homes! With a median household income of over $108,377 and a median rent of $2,207, the Thousand Oaks, CA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Thousand Oaks, CA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Thousand Oaks, CA Property Resources
Rent to own Homes in Cities Near Thousand Oaks, CA
- Agoura Hills
- Bell Canyon
- Calabasas
- Camarillo
- Canoga Park
- Casa Conejo
- Castaic
- Channel Islands Beach
- Chatsworth
- El Rio
- Encino
- Fillmore
- Granada Hills
- Hasley Canyon
- Hidden Hills
- Lake Sherwood
- Los Angeles
- Malibu
- Moorpark
- Newbury Park
- Newhall
- North Hills
- Northridge
- Oak Park
- Oxnard
- Pacific Palisades
- Pepperdine University
- Piru
- Porter Ranch
- Port Hueneme
- Reseda
- Ventura
- Santa Clarita
- Santa Paula
- Santa Rosa Valley
- Santa Susana
- Saticoy
- Simi Valley
- Somis
- Stevenson Ranch
- Tarzana
- Thousand Oaks
- Topanga
- Valencia
- Val Verde
- Van Nuys
- West Hills
- Westlake Village
- Winnetka
- Woodland Hills
Neighborhoods in Thousand Oaks, CA
Downtown Thousand Oaks rent to own homesPopular Zip Codes in Thousand Oaks, CA
91358 rent to own homes 91320 rent to own homes 91360 rent to own homes 91362 rent to own homesBuying a Home in Thousand Oaks, CA
Thousand Oaks, CA is seeing rapid growth and Thousand Oaks, CA's' housing market remains not optimal with an average home price that is 246% above the 2024 national average. Thousand Oaks, CA is part of Ventura county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Ventura is 0.59% which is below the national average, which is 0.99%.
Median Home Price in Thousand Oaks, CA
Median Rent in Thousand Oaks, CA
Top Reasons to Live in Thousand Oaks CA
Housing Statistics Thousand Oaks is largely a bedroom community with commuters leaving the city for jobs throughout the greater Los Angeles area. The city has 43,740 combined single family housing units (owned or rented). Owner occupied units comprise nearly 25 percent of residences with a total of 33,733. The median value of these owner households is $456,357, Ten thousand families are renters and pay a median gross monthly rent of $1,655. The average cost of new homes dipped in 2010 when compared to 2009, falling from $613,700 to $525,800. However, the situation has turned around with new homes built in 2011 costing an average of $690,100 and residences built in 2012 averaging an all-time high of $745,000. Thousand Oaks realtors have an inventory of 436 single family properties listed in and near Thousand Oaks as rent to own properties.
Transportation and Commutes As with most commutes in Southern California, going to work can sometimes be a challenge. Major employment centers are in Burbank, which is a one hour drive in traffic on the 101 from Thousand Oaks. Getting to downtown Los Angeles is completely traffic dependent and can take a different amount of time each day, but from Thousand Oaks to Los Angeles without traffic takes almost an hour. Other areas popular as commuter destinations from Thousand Oaks are primarily on the Westside of Los Angeles, between Century City and Santa Monica. The commute to these areas is generally one hour, give or take 15 minutes. Businesses and companies have been locating closer to Thousand Oaks. In 2011, the average commuter reported a commute time of 18.72 minutes. Fifty-six percent of commuters drive a car or car pool to and from work, 2 percent walk or ride a bike to work and 6 percent work from home. All others take public transportation, taxies, or a motorcycle.
Weather and Climate People living in Thousand Oaks enjoy typical great Southern California weather. Summers are warm and winters are cool. The summer temperatures are generally in the seventies F but during August the high temperature can reach 96 F. Winter temperatures lean towards the balmy fifties. December can get cold reaching an average minimum temperature of 38.30 F. Expect large swings in temperature during the summer months with night and day temperatures that are almost 40 degrees F apart. Winters have an average temperature change of only 25 degrees F between night and day. It does not snow in Thousand Oaks. The city averages just over 21 inches of rainfall annually. There is more rain in the winter than the summer. January gets the most precipitation each year with 4.83 inches of rainfall.
Neighborhoods Thousand Oaks homes and rents cost more than housing in much of California. Neighborhoods are more likely to be sub-divisions and developments than traditional neighborhoods in an urban setting. More than anything, Thousand Oaks is a residential center inhabited by affluent commuters. Some of the neighborhoods that found in Thousand Oaks include: