Cheap Apartments for Rent in Simi Valley, CA from $900 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Simi Valley.

property at 466 Fresh Meadows Rd

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

466 Fresh Meadows Rd

Simi ValleyCA93065

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 2082 Calle La Sombra

$2,550

Total Monthly Price

Total Monthly Price

Base Rent
$2,550
Total Monthly Price
$2,550

2 Bedroom, 1 Bath Home for Rent

Available Now

2082 Calle La Sombra

Simi ValleyCA93063

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Patricia Apartments
1 to 3 Bedroom Apartments

Patricia Apartments

1769 Patricia AveSimi Valley, CA 93065
property at 1281 Hartley Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

1281 Hartley Ave, Unit B

1281 Hartley Ave
Simi ValleyCA93065
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Plaza del Sol
1 to 4 Bedroom Apartments

Plaza del Sol

4231 Alamo StSimi Valley, CA 93063
  • Utilities Included
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1745 Patricia Ave
1 to 2 Bedroom Apartments

1745 Patricia Ave

1745 Patricia AveSimi Valley, CA 93065

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Baywood Apartments
1 to 3 Bedroom Apartments

Baywood Apartments

5377-5403 Cochran StSimi Valley, CA 93063
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Americana Simi Valley
1 to 2 Bedroom Apartments

Americana Simi Valley

5335 Cochran StSimi Valley, CA 93063
Corporate Housing
  • Utilities Included
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Peach Tree Apartments
2 to 3 Bedroom Apartments

Peach Tree Apartments

1671 Patricia AveSimi Valley, CA 93065
  • Utilities Included
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Mountain View Properties
1 to 2 Bedroom Apartments

Mountain View Properties

4862 Cochran StSimi Valley, CA 93063
Senior Living
  • Utilities Included
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Lumina Apartment Homes
1 to 2 Bedroom Apartments

Lumina Apartment Homes

1196 Patricia AveSimi Valley, CA 93065
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Sofi at Wood Ranch
1 to 2 Bedroom Apartments

Sofi at Wood Ranch

241 Country Club DrSimi Valley, CA 93065
property at 1850 Buyers St

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600
Total Monthly Price
$2,600

2 Bedroom, 2 Bath Home for Rent

Available Now

1850 Buyers St

Simi ValleyCA93063
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MW Patricia Apartments
1 to 2 Bedroom Apartments

MW Patricia Apartments

1817 Patricia AveSimi Valley, CA 93065
  • Utilities Included

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.

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Showing Results 1-45, Page 1 of 1

Simi Valley, CA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 07/29/2026

Current apartment rentals in the Simi Valley, CA area range in price from $1,800 to $3,909 with an overall median price of $3,330. The three Simi Valley neighborhoods with the lowest median rent pricing are Big Sky: Castlewood at $1,800, Brentwood in Simi Valley at $1,800, and Central Simi Valley at $1,800. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Simi Valley Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Big Sky: Castlewood$3,195$1,80029
Brentwood in Simi Valley$3,195$1,80025
Central Simi Valley$3,195$1,80025
East Simi Valley$3,486$2,12011
Woodranch$3,581$1,88043

Cheapest Available Simi Valley Apartments for Rent

 

The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at Patricia Apartments in the Simi Valley neighborhood priced from $1,100. River Ranch in the Simi Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,089. Here is today’s list of the most affordable Simi Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Patricia Apartments1 BR1BR,1BA$1,100
River RanchDandelion1BR,1BA$2,089
MeadowoodPlan 1A1BR,1BA$2,099
Avalon Simi Valley6801BR,1BA$2,111
Indian OaksBur Premier1BR,1BA$2,218
Hidden ValleyA11BR,1BA$2,334
Landing at Arroyo1 Bedroom 1 Bathroom1BR,1BA$2,500
Vantage ApartmentsLoft1BR,1BA$2,500
Shadow Ridge Apartment HomesResidence 1 Luxury1BR,1BA$2,520

Best Value Apartments for Rent in Simi Valley, CA

As of July 29, 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 Simi Valley neighborhood starting from $3,250. The second greatest value Simi Valley apartment is the 2 BD Model at MW Patricia Apartments starting at $2,600 with a $2.17 price per square foot in the Simi Valley neighborhood. Here is today’s list of the best values for Simi Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside VillasUnit F3BR,2.5BA$2.62
MW Patricia Apartments2 BD2BR,2BA$2.17
Sofi at Topanga Canyon2 Bedroom, 2 Bath A2BR,2BA$2.67
Patricia Apartments1 BR1BR,1BA$1.49
Hidden ValleyA11BR,1BA$3.30
Landing at Arroyo1 Bedroom 1 Bathroom1BR,1BA$3.56
Avalon Simi Valley6801BR,1BA$3.10
MeadowoodPlan 1A1BR,1BA$3.35
Indian OaksBur Premier1BR,1BA$3.62
River RanchDandelion1BR,1BA$3.41

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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. 

Simi Valley, CA
Population: 125,851

Ranked #222

in US Census Population by City

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Best Local Schools in
Simi Valley, CA

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Simi Valley, CA Rentals by Map

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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 $1,100 at Patricia Apartments.

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 $2,349 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 Parkside Villas and starts from $3,250.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.