Cheap Apartments for Rent in Simi Valley, CA from $900 (15 Rentals)

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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

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Simi Valley, CA Local Guide

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Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 03/15/2026

Current apartment rentals in the Simi Valley, CA area range in price from $1,900 to $4,660 with an overall median price of $3,747. The three Simi Valley neighborhoods with the lowest median rent pricing are East Simi Valley at $1,900, Woodranch at $2,000, and Big Sky: Castlewood at $1,900. 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
East Simi Valley$3,458$1,90020
Woodranch$3,628$2,00043
Big Sky: Castlewood$3,811$1,90027
Brentwood in Simi Valley$3,921$1,90021
Central Simi Valley$3,921$1,90020

Cheapest Available Simi Valley Apartments for Rent

 

The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at Baywood Apartments in the East Simi Valley neighborhood priced from $2,195. Meadowood in the Big Sky: Castlewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,217. Here is today’s list of the most affordable Simi Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$2,195
MeadowoodPlan 1A1BR,1BA$2,217
Hidden ValleyA11BR,1BA$2,240
Indian OaksBur Premier1BR,1BA$2,321
Shadow Ridge Apartment HomesResidence 11BR,1BA$2,323

Best Value Apartments for Rent in Simi Valley, CA

As of March 15, 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 A Model at Sofi at Topanga Canyon starting at $2,895 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside VillasUnit F3BR,2.5BA$2.62
Sofi at Topanga Canyon2 Bedroom, 2 Bath A2BR,2BA$2.67
4434 Apricot Rd, Unit F4434 Apricot Rd2BR,2BA$2.65
3492 Lockwood Court, Unit 413492 Lockwood Court2BR,2BA$2.83
Westlake CanyonCoastal Oaks1BR,1BA$3.28
Mountain View Properties1 Bed 1 Bath1BR,1BA$3.25
Hidden ValleyA11BR,1BA$3.16
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$3.17
Americana Simi ValleyCabrillo - A1BR,1BA$3.45
1926 Glenview Ave, Unit Glenview1926 Glenview Ave1BR,1BA$3.17

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

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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 $2,195 at Baywood 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 $2,377 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 Baywood Apartments and starts from $3,095.

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

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