
Cheap Apartments for Rent in Simi Valley, CA from $900 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Simi Valley.


Hidden Valley

Baywood Apartments

River Ranch

IMT Wood Ranch
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4545 Alamo St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

6015 Peppertree Ln

14886 Reedley St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Simi Valley, CA Local Guide

How much does it cost to rent an apartment in Simi Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Simi Valley Studio Apartments | $2,699 | $2,699 | $2,699 |
| Cheap Simi Valley 1 Bedroom Apartments | $2,491 | $2,159 | $2,918 |
| Cheap Simi Valley 2 Bedroom Apartments | $2,878 | $2,100 | $10,000+ |
| Cheap Simi Valley 3 Bedroom Apartments | $3,430 | $2,585 | $4,191 |
Browse Top Apartments in Simi Valley
See all Apartments in Simi ValleyExplore Simi Valley
Simi Valley, CA Local Guide

- Simi Valley Neighborhoods
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Cheapest Neighborhoods for Apartments in Simi Valley, CA
Pricing Updated: 01/01/2026Current apartment rentals in the Simi Valley, CA area range in price from $1,995 to $10,360 with an overall median price of $3,683. The three Simi Valley neighborhoods with the lowest median rent pricing are Woodranch at $1,995, Big Sky: Castlewood at $2,159, and East Simi Valley at $2,100. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Simi Valley Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Woodranch | $3,324 | $1,995 | 41 |
| Big Sky: Castlewood | $3,597 | $2,159 | 26 |
| East Simi Valley | $3,649 | $2,100 | 21 |
| Brentwood in Simi Valley | $3,923 | $2,159 | 12 |
| Central Simi Valley | $3,923 | $2,159 | 9 |
Cheapest Available Simi Valley Apartments for Rent
 The cheapest available apartment rental in Simi Valley, CA is a 2 Beds unit found at Sage Creek Apartment Homes in the East Simi Valley neighborhood priced from $2,105. Americana Simi Valley in the East Simi Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,149. Here is today’s list of the most affordable Simi Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sage Creek Apartment Homes | 2 bed, 1 bath, 2nd floor, reno | 2BR,1BA | $2,105 |
| Americana Simi Valley | Cabrillo - A | 1BR,1BA | $2,149 |
| Meadowood | Plan 1A | 1BR,1BA | $2,159 |
| Hidden Valley | A1 | 1BR,1BA | $2,194 |
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2,195 |
Best Value Apartments for Rent in Simi Valley, CA
As of January 01, 2026 the best value apartment in the Simi Valley area is the $2.62 price per square foot Unit F Model at Parkside Villas in the in the East Simi Valley neighborhood starting from $3,250. The second greatest value Simi Valley apartment is the 2 Bedroom, 2 Bath C Model at Sofi at Topanga Canyon starting at $2,950 with a $2.67 price per square foot in the Rancho Paso Fino in Chatsworth neighborhood. Here is today’s list of the best values for Simi Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkside Villas | Unit F | 3BR,2.5BA | $2.62 |
| Sofi at Topanga Canyon | 2 Bedroom, 2 Bath C | 2BR,2BA | $2.67 |
| IMT Summerset Village | B3 | 2BR,2BA | $3.02 |
| River Ranch | 3 bed, 2 Bath | 3BR,2BA | $2.93 |
| 5977 Nelda St, Unit Nelda #3 | 5977 Nelda St | 2BR,1BA | $2.94 |
| Westlake Canyon | Coastal Oaks | 1BR,1BA | $3.35 |
| Mountain View Properties | 1 Bed 1 Bath | 1BR,1BA | $3.25 |
| Hidden Valley | A1 | 1BR,1BA | $3.10 |
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $3.17 |
| Americana Simi Valley | Cabrillo - A | 1BR,1BA | $3.28 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Simi Valley Overview
Simi Valley is a beautiful community that sits in the Simi Valley itself, in an area just to the southeast of Ventura County. The city has much to offer, including incredible weather, easy access to much of the Greater Los Angeles area, and numerous amenities. Apartments in Simi Valley, California, allow people to live in the heart of the city, in an area with a stunning park around just about every corner. Surrounding by the Simi Hills and Santa Susana Mountains, this community is ideal for outdoor lovers, but it’s also great for those who need to commute into the city for work or school.
Why live in Simi Valley, CA?
There’s quite a lot to love about living in Simi Valley apartments. That includes the green aspects of this community. Though it’s not a large city, it is home to 39 parks, many of which have walking trails, dog parks, hiking trails, and bike paths. There are also three golf courses managed by the city. There’s lots to do as well, including going to the movies or checking out one of the area’s landmarks like the Strathearn Historical Park and Museum and Grandma Prisbrey’s Bottle Village. It’s also the home to the Paramount Ranch with its stunning views. It’s also home to the American Jewish University Bardin Campus.
Best Local Schools in Simi Valley, CA
Garden Grove Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Simi Valley, CA Rentals by Map
See the most popular apartments and homes in Simi Valley, CA
Frequently Asked Questions about Cheap Simi Valley Apartments
How much is rent for a Cheap One Bedroom Simi Valley Apartment?
The lowest price for a Cheap One Bedroom Simi Valley Apartment is $2,159 at Meadowood.
What is the lowest price for a Cheap Two Bedroom Simi Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Simi Valley is starting from $2,100 at Sage Creek Apartment Homes.
What is the most affordable Simi Valley Three Bedroom Apartment?
The best deal on a cheap Simi Valley Three Bedroom Apartment rental is at Meadowood and starts from $2,859.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!









