Demand still exceeds supply. Tenants are renting longer and paying for amenities, and landlords who improve their properties are collecting higher rents.

Only 7 of 153 Conejo rentals were listed at $2,500 or less, and a third asked $6,000 or more. Thousand Oaks rents rose 2%.

Demand still exceeds supply. Of 145 rentals on the market, only 8 were under $2,500 a month, and 28 were above $5,000.