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Rent Inflation in Oxnard, CA

The average asking rent in Oxnard, CA is $2,995/month as of 2026-03. That is +0.9% compared to a year ago.

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

Current Avg Rent

$2,995/mo

as of 2026-03

Year-over-Year Change

+0.9%

24-Month Rent Trend

Monthly ZORI index values for Oxnard, CA.

Month Avg Asking Rent Change from Prior Month
2026-03 $2,995 +0.37%
2026-02 $2,984 +0.71%
2026-01 $2,963 +0.44%
2025-12 $2,950 +0.31%
2025-11 $2,941 -0.61%
2025-10 $2,959 -0.27%
2025-09 $2,967 -0.74%
2025-08 $2,989 -0.07%
2025-07 $2,991 +0.13%
2025-06 $2,987 +0.47%
2025-05 $2,973 +0.10%
2025-04 $2,970 +0.07%
2025-03 $2,968 +0.99%
2025-02 $2,939 +0.75%
2025-01 $2,917 +0.83%
2024-12 $2,893 +0.10%
2024-11 $2,890 +0.24%
2024-10 $2,883 +0.00%
2024-09 $2,883 -0.14%
2024-08 $2,887 +0.45%
2024-07 $2,874 +0.31%
2024-06 $2,865 +0.49%
2024-05 $2,851 +0.28%
2024-04 $2,843

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: Zillow Research ZORI · Updated monthly · Price Inflation Report