Rent Tracker
Rent Inflation in Oxnard, CA
The average asking rent in Oxnard, CA is $2,986/month as of 2026-04. That is +1.3% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$2,986/mo
as of 2026-04
Year-over-Year Change
+1.3%
24-Month Rent Trend
Monthly ZORI index values for Oxnard, CA.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-04 | $2,986 | +0.47% |
| 2026-03 | $2,972 | +0.41% |
| 2026-02 | $2,960 | +0.71% |
| 2026-01 | $2,939 | +0.44% |
| 2025-12 | $2,926 | +0.31% |
| 2025-11 | $2,917 | -0.65% |
| 2025-10 | $2,936 | -0.27% |
| 2025-09 | $2,944 | -0.67% |
| 2025-08 | $2,964 | +0.00% |
| 2025-07 | $2,964 | +0.10% |
| 2025-06 | $2,961 | +0.34% |
| 2025-05 | $2,951 | +0.07% |
| 2025-04 | $2,949 | +0.14% |
| 2025-03 | $2,945 | +1.10% |
| 2025-02 | $2,913 | +0.69% |
| 2025-01 | $2,893 | +0.84% |
| 2024-12 | $2,869 | +0.07% |
| 2024-11 | $2,867 | +0.24% |
| 2024-10 | $2,860 | +0.00% |
| 2024-09 | $2,860 | -0.17% |
| 2024-08 | $2,865 | +0.42% |
| 2024-07 | $2,853 | +0.35% |
| 2024-06 | $2,843 | +0.49% |
| 2024-05 | $2,829 | — |
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