
Cheap Apartments for Rent in Simi Valley, CA from $1,700 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Simi Valley.


Total Monthly Price
1295 Foothill Dr, Unit Studio

Total Monthly Price
2125 Magnolia St, Unit Simi JADU

1281 Hartley Ave

Meadowood

Sage Creek Apartment Homes

Hidden Valley

1869 Patricia Ave

Avalon Simi Valley

1750 On First Apartment Homes
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.

Mountain View Properties

1380 Patricia Ave, Unit Apt. 3

Shadow Ridge Apartment Homes

Landing at Arroyo

Total Monthly Price
IMT Wood Ranch

Vantage Apartments

1700 Tapo St

Churchill Apartments

3803 Walnut Ave

3803 Lightning Ridge Way
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.

2721 Galindo Ave

Patricia Village Senior Apartments

Westgate Seniors Apartments

Seasons at Simi Valley Apartment Homes

Patricia Apartments

1281 Hartley Ave, Unit B

990 Ashland Ave

2801-2877 Fairbanks Avenue

River Ranch

Plaza del Sol
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.

1745 Patricia Ave

Walnut Square Apartments

Baywood Apartments

Americana Simi Valley

Peach Tree Apartments

Lumina Apartment Homes

1912 Heywood St

2731 Erringer Rd

Sofi at Wood Ranch

2075 N Avenida Vista Del Monte
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.

2075 N Avenida Vista Del Monte, Unit 4

MW Patricia Apartments

2049 Sebring St

Hillview Apartments

4476 Apricot Rd

1748 Sinaloa Rd

1748 Sinaloa Rd, Unit 157

14886 Reedley St

Westlake Canyon

The Knolls
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.
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 | $2,416 | $1,700 | $3,133 |
| Cheap Simi Valley 1 Bedroom Apartments | $2,606 | $1,800 | $3,200 |
| Cheap Simi Valley 2 Bedroom Apartments | $2,928 | $1,750 | $3,750 |
| Cheap Simi Valley 3 Bedroom Apartments | $3,514 | $2,877 | $4,026 |
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
Cheapest Neighborhoods for Apartments in Simi Valley, CA
Pricing Updated: 09/12/2026Current apartment rentals in the Simi Valley, CA area range in price from $1,700 to $4,026 with an overall median price of $2,681. The three Simi Valley neighborhoods with the lowest median rent pricing are East Simi Valley at $2,592, Big Sky: Castlewood at $2,700, and Brentwood in Simi Valley at $2,700. 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 |
|---|---|---|---|
| East Simi Valley | $2,592 | $1,700 | 19 |
| Big Sky: Castlewood | $2,700 | $1,750 | 19 |
| Brentwood in Simi Valley | $2,700 | $1,750 | 9 |
| Central Simi Valley | $2,700 | $1,750 | 9 |
| Woodranch | $2,708 | $2,039 | 38 |
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 2 Beds apartment currently listed from $2,038. Here is today’s list of the most affordable Simi Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Patricia Apartments | 1 BR | 1BR,1BA | $1,100 |
| River Ranch | Red Hills | 2BR,1BA | $2,038 |
| Indian Oaks | Bur Premier | 1BR,1BA | $2,173 |
| Hidden Valley | A1 | 1BR,1BA | $2,183 |
| Meadowood | Plan 2A | 2BR,1BA | $2,377 |
| Shadow Ridge Apartment Homes | Residence 1 | 1BR,1BA | $2,415 |
| Landing at Arroyo | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,420 |
| Vantage Apartments | Loft | 1BR,1BA | $2,500 |
| Sofi at Wood Ranch | ONE BEDROOM | 1BR,1BA | $2,523 |
Best Value Apartments for Rent in Simi Valley, CA
As of September 12, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkside Villas | Unit F | 3BR,2.5BA | $2.62 |
| MW Patricia Apartments | 2 BD | 2BR,2BA | $2.17 |
| IMT Summerset Village | B2 | 2BR,2BA | $3.26 |
| Sofi at Topanga Canyon | 1 Bedroom, 1 Bath | 1BR,1BA | $2.78 |
| 1750 On First Apartment Homes | 2BR/2BA | 2BR,2BA | $2.98 |
| Patricia Apartments | 2 BR | 2BR,1BA | $2.85 |
| River Ranch | Red Hills | 2BR,1BA | $2.47 |
| Meadowood | Plan 2A | 2BR,1BA | $2.95 |
| Hidden Valley | A1 | 1BR,1BA | $3.08 |
| Landing at Arroyo | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.45 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleReal 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.
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.
Simi Valley, CAPopulation: 125,851
Ranked #222
in US Census Population by City
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
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 $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 $2,038 at River Ranch.
What is the most affordable Simi Valley Three Bedroom Apartment?
The best deal on a cheap Simi Valley Three Bedroom Apartment rental is at Indian Oaks and starts from $3,201.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.