Real Estate Investing in Thousand Oaks, California (91362)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Ventura County • Population: 36,205 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 91362 (Thousand Oaks, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (50/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • High price-to-rent: Price-to-rent ratio 28.3 — hard to cash-flow at these prices.

What’s happening in Thousand Oaks, CA (91362)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $1,199,488
Avg Monthly Rent $3,535
1% Rule ✗ Does Not Meet
Median Income $135,998
% Renters 29.8%

Market Analysis: 91362 Thousand Oaks

Not every below-median market is a bargain. Thousand Oaks's 91362 ZIP posts signals that favor experienced operators who can absorb the risk $1.2M pricing implies.

From a cash-flow lens, the numbers look inviting — $1.2M purchase price, 0.0% nominal cap — the work to hit that pro forma in 91362 is substantial and deserves full respect.

ZIP 91362's metrics run below Ventura County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

From a cash-flow lens, 36,205 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Strategy in 91362 is an operator game, not a passive one. Turning to rents, entry prices of $1.2M are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Thousand Oaks:

C Below Average
Buy Confidence Score: 56/100
Affordability
0/25
Appreciation
18/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 8.8× the median income
Value Trend
Stable (+0.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $3,535/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Oxnard-Thousand Oaks-Ventura, CA Metro Area
More inventory, negotiating room for buyers
54 days
Average time to sell
Average
10.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Oxnard-Thousand Oaks-Ventura, CA metro data
🏠

Property Strategy for 91362

Which property type performs best in this market?

Best for Cash Flow
1BR
4.9% cap rate
Best for Appreciation
5BR
+7.4% 5yr CAGR
Best Overall Value
2BR
$297,392/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $403,979 $2,760 4.9% +3.4% $403,979
2BR $594,783 $3,310 4.0% +4.7% $297,392
3BR $998,378 $4,470 3.2% +6.0% $332,793
4BR $1,326,901 $5,180 2.8% +6.1% $331,725
5BR $2,224,867 +7.4% $444,973

Market Trends

Home Value History (with trend line)

$1.3M$1.1M$959K$808K$657K$506KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$3,864$3,469$3,075$2,681$2,286$1,892Jun 2016Jul 2021Jul 2026

📊 How Does 91362 Compare?

Metric 91362 Thousand Oaks Oxnard-Thousand Oaks-Ventura, CA California
Home Value $1,199,488 $1,080,736 N/A $761,003
5-Year CAGR 3.8% 3.7% N/A 5.7%
Avg Rent $3,535 $3,355 N/A -
Cap Rate 2.3% 2.4% - -
💡 Why Invest in 91362? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 91362 (Thousand Oaks, CA). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 91362 (Thousand Oaks, CA)?

~25 seconds · no account needed · your report is anonymous

Property managers serving Ventura County

Manage rentals here? List your business →

ABM Property Management, Inc. provides full property management services for homeowners associations in residential communities throughout Southern California. summary from their website

Unclaimed — is this your business? Claim it free

California Oaks Property Management's homepage text is minimal, but the domain name strongly suggests property management services. summary from their website

Unclaimed — is this your business? Claim it free

Home Sweet Home Property Management offers full-service property management rooted in Ventura County since 1990. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
2.3%
Low
5yr Growth
+3.8%
Moderate

📊 Market Snapshot

Home Value $1,199,488
Monthly Rent $3,535
Price-to-Rent 28.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.5%
Cap Rate 2.3%
5-Year IRR 6.1%

📈 Home Appreciation

1-Year +0.8% ▲
3-Year CAGR +1.7% ▲
5-Year CAGR +3.8% ▲
10-Year CAGR +4.7% ▲

🏠 Rent Trends

1-Year +6.6% ▲
3-Year CAGR +4.9% ▲
5-Year CAGR +5.9% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 2.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
3.8%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+3.8%
Stable
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 91362

Population: 36,205

💰 Median Household Income
$135,998
This area
$135,998
State
$94,164
USA
$74,580
🏠 Renter Occupied
29.8%
This area
29.8%
State
39.3%
USA
34.0%
💼 Unemployment Rate
3.3%
This area
3.3%
State
-16.6%
USA
3.7%
🎓 College Educated
53.5%
This area
53.5%
State
7.7%
USA
33.7%
👤 Median Age
45.8 years
This area
45.8 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
3.8%
This area
3.8%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
White 75.3%
Other/Mixed 13.5%
Hispanic/Latino 9.7%
Asian 9.3%
Black/African American 1.9%
👶 Under 18
19.4%
This area
19.4%
USA
22.0%
👴 65 and Over
19.7%
This area
19.7%
USA
17.3%
📊 Poverty Rate
5.5%
This area
5.5%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 91362

B Avg School Grade
8 Schools
20.0:1 Avg Class Size
$14,978 Avg Per Pupil

Schools in This ZIP Code

B Good

Colina Middle

📚 06 – 08 Middle
👥
796 Students
👨‍🏫
20.9:1 Class Size
💰
$15,563 Per Student
B Good

Los Cerritos Middle

📚 06 – 08 Middle
👥
720 Students
👨‍🏫
21.0:1 Class Size
💰
$15,563 Per Student
B Good

Westlake Hills Elementary

📚 K – 05 Elementary
👥
410 Students
👨‍🏫
19.5:1 Class Size
💰
$15,563 Per Student
B Good

Conejo Valley High (Continuation)

📚 09 – 12 High School
👥
82 Students
👨‍🏫
8.8:1 Class Size
💰
$15,563 Per Student
B Good
👥
251 Students
👨‍🏫
19.3:1 Class Size
💰
$15,563 Per Student
B Good

Lang Ranch

📚 K – 05 Elementary
👥
677 Students
👨‍🏫
22.9:1 Class Size
💰
$15,563 Per Student
C Below Average

Westlake High

📚 09 – 12 High School
👥
2,010 Students
👨‍🏫
23.8:1 Class Size
💰
$15,563 Per Student
C Below Average

Meadows Arts and Technology Elementary

📚 K – 05 Elementary Charter
👥
400 Students
👨‍🏫
23.8:1 Class Size
💰
$10,884 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 12,604 Off-Campus Students
C+
California Lutheran University
3,413 students · 4.1 mi
C
Moorpark College
14,091 students · 7.6 mi
C
Valley College of Medical Careers
57 students · 12.3 mi
B
California Career College
195 students · 12.4 mi
B
Pepperdine University
9,545 students · 12.5 mi
C+
California State University-Channel Islands
5,688 students · 13.0 mi
D
Ventura County Community College System Office
0 students · 13.8 mi
C
Los Angeles Pierce College
16,186 students · 14.0 mi

Investor Insight: With 12,604 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What are vacancy rates like in Thousand Oaks, CA?

Vacancy in Thousand Oaks, CA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $3,535/mo.

How do experienced investors play Thousand Oaks, CA?

The best-fit strategy in Thousand Oaks, CA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

How strong is Thousand Oaks, CA for real estate investors?

Thousand Oaks, CA rates 3.0/5 for investability. With median values at $1.2M and rents near $3,535/mo, the market offers reasonable fundamentals for rental investors.

Is house hacking profitable in Thousand Oaks, CA?

House hacking works a tougher in Thousand Oaks, CA. Rents of $3,535/mo against $1.2M acquisition make the strategy solid for owner-occupants.

Are rents high in Thousand Oaks, CA?

Thousand Oaks, CA rentals go for roughly $3,535/mo a month. That puts gross yield in solid territory relative to $1.2M acquisition costs.

You know 91362 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 91362 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

Compare Plans

How 91362 ranks in Oxnard-Thousand Oaks-Ventura, CA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 91362 (Thousand Oaks)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 91362 (Thousand Oaks, CA).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.