
Cheap Apartments for Rent in Simi Valley, CA from $900 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Simi Valley.


Sage Creek Apartment Homes

Baywood Apartments

Meadowood

River Ranch
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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.

Hidden Valley

Furnished Studio-Los Angeles - Simi Valley

Patricia Village Senior Apartments

Westgate Seniors Apartments

2801-2877 Fairbanks Avenue
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Plaza del Sol

1745 Patricia Ave

Walnut Square Apartments

10317-10319 Jordan Ave

IMT Summerset Village
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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 | $2,249 | $2,249 | $2,249 |
| Cheap Simi Valley 1 Bedroom Apartments | $2,501 | $1,900 | $3,240 |
| Cheap Simi Valley 2 Bedroom Apartments | $2,871 | $2,377 | $4,797 |
| Cheap Simi Valley 3 Bedroom Apartments | $3,660 | $3,095 | $4,660 |
Browse Top Apartments in Simi Valley
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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: 03/15/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| East Simi Valley | $3,458 | $1,900 | 20 |
| Woodranch | $3,628 | $2,000 | 43 |
| Big Sky: Castlewood | $3,811 | $1,900 | 27 |
| Brentwood in Simi Valley | $3,921 | $1,900 | 21 |
| Central Simi Valley | $3,921 | $1,900 | 20 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2,195 |
| Meadowood | Plan 1A | 1BR,1BA | $2,217 |
| Hidden Valley | A1 | 1BR,1BA | $2,240 |
| Indian Oaks | Bur Premier | 1BR,1BA | $2,321 |
| Shadow Ridge Apartment Homes | Residence 1 | 1BR,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 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 A | 2BR,2BA | $2.67 |
| 4434 Apricot Rd, Unit F | 4434 Apricot Rd | 2BR,2BA | $2.65 |
| 3492 Lockwood Court, Unit 41 | 3492 Lockwood Court | 2BR,2BA | $2.83 |
| Westlake Canyon | Coastal Oaks | 1BR,1BA | $3.28 |
| Mountain View Properties | 1 Bed 1 Bath | 1BR,1BA | $3.25 |
| Hidden Valley | A1 | 1BR,1BA | $3.16 |
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $3.17 |
| Americana Simi Valley | Cabrillo - A | 1BR,1BA | $3.45 |
| 1926 Glenview Ave, Unit Glenview | 1926 Glenview Ave | 1BR,1BA | $3.17 |
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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 $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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.