Thousand Oaks, California Short-Term Rental Market Overview

Population: 126,966
Annual Visitors: 10,000
Total STRs: 216
ADR: $371.70

Visitor Profile

Thousand Oaks, California attracts a diverse range of visitors eager to explore its scenic beauty and cultural offerings. Many come for outdoor adventures in the Santa Monica Mountains or to enjoy family-friendly attractions that highlight the region’s natural landscape. Visitors often seek experiences like hiking scenic mountain trails, visiting local vineyards, or experiencing the vibrant arts scene at venues supported by the Bank of America Performing Arts Center. These guests value a blend of outdoor recreation, cultural enrichment, and the laid-back luxury that defines this upscale part of Southern California.

Ideal guests are those looking for a relaxed yet engaging getaway, including nature lovers, art enthusiasts, and those seeking a peaceful retreat close to major attractions in Los Angeles. By highlighting the area’s natural beauty, arts, and cultural venues, hosts can attract discerning travelers who appreciate quality experiences and scenic environments in a charming, welcoming setting.

Top Attractions

Thousand Oaks, California, is renowned for its stunning outdoor attractions and scenic natural beauty. Visitors are drawn to the Santa Monica Mountains National Recreation Area, which offers breathtaking vistas, hiking trails, and outdoor recreational activities. Malibu Creek State Park is another popular spot, famous for its lush landscapes and its connection to the legendary TV show M*A*S*H. These outdoor destinations provide the perfect setting for adventure, relaxation, and enjoying California’s picturesque environment.
In addition to its natural wonders, Thousand Oaks boasts a rich cultural scene and charming gardens. The city features historic landmarks, local parks, and eclectic dining options that cater to a variety of tastes. Visitors can explore the vibrant arts scene, visit cultural landmarks, or simply enjoy leisurely strolls through beautifully maintained gardens. Whether seeking outdoor adventure or cultural enrichment, Thousand Oaks offers a diverse array of attractions to make any trip memorable.

Regulations

Thousand Oaks, California, has established a regulatory framework for short-term rentals (STRs) designed to balance the interests of property owners, neighbors, and the broader community. Hosts considering operating an STR in Thousand Oaks should expect to navigate specific requirements including obtaining necessary permits, adhering to zoning laws, and complying with health and safety standards. The city’s approach reflects a commitment to maintaining neighborhood character and ensuring responsible rental practices, which may involve registration, occupancy limits, and tax obligations.

Key Regulatory Considerations:

Licensing and Permits: Thousand Oaks mandates that hosts register their short-term rental properties with the city, securing a permit before listing. This process typically involves an application through the city’s community development or planning department, with periodic renewals and associated fees. Compliance with local ordinances is required to maintain good standing.

Primary Residence Requirement: While the city often restricts STR operations to primary residences to prevent the conversion of residential properties into commercial rentals, hosts must verify if this applies specifically. Some jurisdictions limit STR days if the property is not the host’s primary residence.

Zoning and Location: STRs must conform to designated zoning classifications permitting rental activity. Certain neighborhoods or zones may have prohibitions or additional restrictions to preserve residential character.

Occupancy, Health & Safety: Thousand Oaks requires adherence to safety standards such as installing smoke detectors, carbon monoxide alarms, and fire extinguishers. Occupancy limits are enforced to minimize neighborhood disruption, with specific caps based on unit size.

Tax Obligations: Hosts are generally responsible for collecting and remitting transient occupancy taxes along with any applicable sales taxes. The city ensures proper tax compliance through registration processes.

Operational Standards & Enforcement: Advertising must reflect truthful information about the STR, including permit status. Noise and conduct regulations aim to mitigate disturbances. Non-compliance can result in fines, permit revocation, or other penalties as per city code enforcement.

For the most current and legally binding information, property owners should consult the City of Thousand Oaks’s Official Community Development and Planning Department website, which provides direct access to short-term rental regulations, permit applications, and contact information for city officials responsible for STR oversight.

Thousand Oaks, California Market Performance Trends

LTM Avg. Daily Rate$355.00
LTM Occupancy Rate66.7%
LTM Avg. Revenue$4,240

Thousand Oaks, California Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:55.7% Booked
  • 4-6 Months:55.6% Booked
  • 7-9 Months:52.2% Booked
  • 10-12 Months:5.1% Booked

Cancellation Policies

  • Flexible:40.8%
  • Moderate:26.2%
  • Strict:30.8%
  • Super Strict:30.8%
  • N/A:0.8%

Minimum Stay

  • 1 Day:47
  • 2 Days:54
  • 3 Days:19
  • 4-6 Days:14
  • 7-29 Days:23
  • 30+ Days:8

Thousand Oaks, California Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Guest Rating Highlights

  • Overall Rating:4.88 / 5
  • Cleanliness:4.89 / 5
  • Location:4.96 / 5
  • Value:4.87 / 5
  • Accuracy:4.93 / 5
  • Check-in:4.96 / 5
  • Communication:4.97 / 5

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