$7,900 Per Month
- 4 Beds
- 3.5 Baths
- 2,990 Sq Ft
- House for Rent
6320 Ballantine Place, Oak Park, CA 91377
6320 Ballantine Place, Oak Park, CA 91377
Frequently Asked Questions
How much does it cost to rent a home in Oak Park, CA?
The median rent for a home in Oak Park, CA is $4,800 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Oak Park, CA?
To comfortably afford the median rent in Oak Park, CA, a household needs to earn roughly $192,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,800 per month in Oak Park, CA, renters typically need to show $14,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Oak Park, CA?
In Oak Park, CA, the price-to-rent ratio is 19.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Oak Park, CA are best for renting a home?
The best neighborhood for renting in Oak Park, CA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Santa Monica Mountains, Wood Ranch, West Simi Valley, Central Simi Valley and Lynn Ranch, each with its own character and price range.
