RentData

Average Rent in Oxnard, CA Rents rising 6.4% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 838,259

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

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 FY2025
Studio
$1,871
Affordable
1 Bedroom
$2,147
Affordable
2 Bedrooms
$2,569
6.4% YoY
Affordable
3 Bedrooms
$3,505
Average
4 Bedrooms
$4,080
Expensive
🔔
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Median Home Value
$765,145
Source: Zillow ZHVI
Est. monthly payment
$4,072/mo
20% down · 30yr · 7%

Is Oxnard, CA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$102,760/year
Local median income: $107,327
To buy a median home
$162,897/year
US national median: $75,000
💡 Based on a 2BR rent of $2,569/month and 20% down on a $765,145 home at 7% rate.

Nearby Cities in CAlargest metros in the state

CityStudio1BR2BR3BRHome 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

$
Home Value
$765,145
2BR Rent
$2,569/mo
Mortgage Rate
7%
Monthly P&I
$4,072/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $5,635/movs rent: $2,569/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $765,145 home at 7% rate

20% — $153,029
3%50%
Estimated Monthly Payment
$4,072
per month · 30 years · 7% APR
Loan Amount
$612,116
Total Paid
$1,466,072
Total Interest
$853,956
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Oxnard

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Frequently Asked Questions

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🏘️Neighborhoods in Oxnard

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Oxnard

Is it cheaper to rent or buy here?

💵Rent Affordability in Oxnard

Salary needed to afford rent here

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📋CA Tenant Rights

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