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Rent Inflation in Oxnard, CA

The average asking rent in Oxnard, CA is $2,957/month as of 2026-06. That is +1.4% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$2,957/mo

as of 2026-06

Year-over-Year Change

+1.4%

24-Month Rent Trend

Monthly ZORI index values for Oxnard, CA.

Month Avg Asking Rent Change from Prior Month
2026-06 $2,957 +0.07%
2026-05 $2,955 +0.37%
2026-04 $2,944 +0.44%
2026-03 $2,931 +0.45%
2026-02 $2,918 +0.66%
2026-01 $2,899 +0.49%
2025-12 $2,885 +0.24%
2025-11 $2,878 -0.62%
2025-10 $2,896 -0.28%
2025-09 $2,904 -0.58%
2025-08 $2,921 +0.10%
2025-07 $2,918 +0.03%
2025-06 $2,917 +0.28%
2025-05 $2,909 +0.03%
2025-04 $2,908 +0.17%
2025-03 $2,903 +1.08%
2025-02 $2,872 +0.74%
2025-01 $2,851 +0.81%
2024-12 $2,828 +0.04%
2024-11 $2,827 +0.14%
2024-10 $2,823 +0.07%
2024-09 $2,821 -0.18%
2024-08 $2,826 +0.39%
2024-07 $2,815

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices