Average Rent in Oxnard, CA↑ Rents rising 6.4% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 838,259
Market Overview
Oxnard, CA has rental prices ranging from $1,871/month to $4,080/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $2,147/month — 53% above the national average of $1,400/month. With a median household income of $107,327/year, spending $2,147/month on a 1-bedroom represents 24% of gross income — within the recommended 30% threshold.
How Oxnard Compares
With an average 2-bedroom rent of $2,569/month, Oxnard ranks #13 most expensive of the 51 cities tracked in California — pricier than 99% of all US cities in our data.
The Oxnard Rental Market
The Oxnard, CA area has a population of about 838,259 and 36% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Oxnard, CA have risen by $155/month (6.4%) over the past year, from $2,414 to $2,569. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Oxnard, CA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $85,880. The local median household income of $107,327 exceeds that threshold by $21,447, making Oxnard relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Oxnard, CA is $765,145, giving a price-to-rent ratio of 24.8. With a break-even horizon of approximately 25 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.
Neighborhoods
Home values — and by extension rent levels — vary significantly across Oxnard's neighborhoods. Among the highest-value areas are College Park ($564,533 median home value), Orchard ($600,157 median home value), Hobson Park East ($606,762 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.
Fair Market Rents
HUD FY2025Is Oxnard, CA Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in CAlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Los Angeles | $1,856 | $2,081 | $2,625 | $3,335 | — |
| Santa Ana | $2,352 | $2,454 | $2,903 | $3,927 | — |
| Oakland | $1,937 | $2,201 | $2,682 | $3,432 | — |
| San Francisco | $2,275 | $2,780 | $3,318 | $4,138 | — |
| Riverside | $1,776 | $1,852 | $2,306 | $3,079 | — |
| San Diego | $2,145 | $2,328 | $2,881 | $3,852 | — |
Rent or Buy in Oxnard?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Oxnard data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $765,145 home at 7% rate
Living in Oxnard
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Frequently Asked Questions
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⚖️Rent vs Buy in OxnardIs it cheaper to rent or buy here?
💵Rent Affordability in OxnardSalary needed to afford rent here
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