
Cheap Apartments for Rent in Simi Valley, CA from $900 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Simi Valley.


Americana Simi Valley

Meadowood

River Ranch

Baywood Apartments

4757 Westwood St
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.

Avalon Simi Valley

Sage Creek Apartment Homes

IMT Wood Ranch
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.

4545 Alamo St

4569 Alamo St

IMT Summerset Village
Cash 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.
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 | $2,849 | $2,849 | $2,849 | 
| Cheap Simi Valley 1 Bedroom Apartments | $2,467 | $2,009 | $6,120 | 
| Cheap Simi Valley 2 Bedroom Apartments | $2,885 | $2,167 | $10,000+ | 
| Cheap Simi Valley 3 Bedroom Apartments | $3,227 | $2,647 | $3,658 | 
Browse Top Apartments in Simi Valley
See all Apartments in Simi ValleyExplore Simi Valley
Simi Valley, CA Local Guide

- Simi Valley Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Simi Valley, CA
Pricing Updated: 10/31/2025Current apartment rentals in the Simi Valley, CA area range in price from $1,995 to $15,121 with an overall median price of $3,041. The three Simi Valley neighborhoods with the lowest median rent pricing are Big Sky: Castlewood at $2,157, Brentwood in Simi Valley at $2,157, and Central Simi Valley at $2,157. 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 | 
|---|---|---|---|
| Big Sky: Castlewood | $2,937 | $2,157 | 26 | 
| Brentwood in Simi Valley | $2,937 | $2,157 | 15 | 
| Central Simi Valley | $2,937 | $2,157 | 15 | 
| East Simi Valley | $3,040 | $2,009 | 22 | 
| Woodranch | $3,358 | $1,995 | 66 | 
Cheapest Available Simi Valley Apartments for Rent
 The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at Hidden Valley in the East Simi Valley neighborhood priced from $2,009. River Ranch in the Big Sky: Castlewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,022. Here is today’s list of the most affordable Simi Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From | 
|---|---|---|---|
| Hidden Valley | A1 | 1BR,1BA | $2,009 | 
| River Ranch | 1Bed, 1 Bath | 1BR,1BA | $2,022 | 
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2,195 | 
| Meadowood | 2 Bed 1 Bath B | 2BR,1BA | $2,217 | 
| Avalon Simi Valley | 680 | 1BR,1BA | $2,235 | 
Best Value Apartments for Rent in Simi Valley, CA
As of October 31, 2025 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 $3,075 with a $2.78 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 | $2.78 | 
| Westlake Canyon | Eucalyptus | 2BR,2BA | $2.83 | 
| Landing at Arroyo | 2 Bedroom 2 Bathroom | 2BR,2BA | $3.02 | 
| 5977 Nelda St, Unit Nelda #3 | 5977 Nelda St | 2BR,1BA | $3.06 | 
| Sage Creek Apartment Homes | 2 bed, 1 bath, 2nd floor, reno | 2BR,1BA | $2.80 | 
| Meadowood | 2 Bed 1 Bath B | 2BR,1BA | $2.75 | 
| Americana Simi Valley | Serra - C | 2BR,2BA | $3.14 | 
| Hidden Valley | A1 | 1BR,1BA | $2.84 | 
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $3.17 | 
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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.
Pet Friendly LifestyleSimi Valley, CA
Ranked #966
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
Getting Around Simi Valley, CA
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
57 / 100
Bikeable
Some bike infrastructure
Transit Score®
25 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,009 at Hidden Valley.
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 $2,217 at Meadowood.
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 $2,647.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.






