Cheap Apartments for Rent in Simi Valley, CA from $900 (46 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
IMT Wood Ranch
$2,564 - $2,614
Total Monthly Price

Total Monthly Price

Base Rent
$2,564 - $2,614
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available May 29

IMT Wood Ranch

643 Country Club DrSimi Valley, CA 93065
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Plaza del Sol
1 to 4 Bedroom Apartments

Plaza del Sol

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

1745 Patricia Ave

1745 Patricia AveSimi Valley, CA 93065
close
View Me
Americana Simi Valley
1 to 2 Bedroom Apartments

Americana Simi Valley

5335 Cochran StSimi Valley, CA 93063
Corporate Housing
  • Utilities Included
close
View Me
Sofi at Wood Ranch
1 to 2 Bedroom Apartments

Sofi at Wood Ranch

241 Country Club DrSimi Valley, CA 93065
close
View Me
Peach Tree Apartments
2 to 3 Bedroom Apartments

Peach Tree Apartments

1671 Patricia AveSimi Valley, CA 93065
  • Utilities Included
close
View Me
Lumina Apartment Homes
1 to 2 Bedroom Apartments

Lumina Apartment Homes

1196 Patricia AveSimi Valley, CA 93065
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
property at 1850 Buyers St

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700
Total Monthly Price
$2,700

2 Bedroom, 2 Bath Condo for Rent

Available Now

1850 Buyers St, Unit 204, Unit 204

1850 Buyers St
Simi ValleyCA93063

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-46, Page 1 of 1

Simi Valley, CA Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 04/29/2026

Current apartment rentals in the Simi Valley, CA area range in price from $1,650 to $4,154 with an overall median price of $3,420. The three Simi Valley neighborhoods with the lowest median rent pricing are Brentwood in Simi Valley at $2,000, Central Simi Valley at $1,650, and Big Sky: Castlewood at $1,650. 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
Brentwood in Simi Valley$3,257$2,00017
Central Simi Valley$3,257$1,65016
Big Sky: Castlewood$3,349$1,65028
East Simi Valley$3,415$1,65025
Woodranch$3,824$2,18743

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 $2,177. meadowood in the Big Sky: Castlewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,187. Here is today’s list of the most affordable Simi Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hidden ValleyA11BR,1BA$2,177
meadowoodPlan 1A1BR,1BA$2,187
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$2,195
Indian OaksBur Premier1BR,1BA$2,278
River RanchDandelion1BR,1BA$2,342
Sofi at Wood RanchONE BEDROOM1BR,1BA$2,350
Sofi at Topanga Canyon1 Bedroom, 1 Bath1BR,1BA$2,395
Sage Creek Apartment Homes2 bed, 1 bath, 1st floor, reno2BR,1BA$2,410
Vantage ApartmentsLoft1BR,1BA$2,500

Best Value Apartments for Rent in Simi Valley, CA

As of April 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 East Simi Valley neighborhood starting from $3,250. The second greatest value Simi Valley apartment is the 3 Bedroom 2 Bathroom Model at Landing at Arroyo starting at $3,599 with a $3.02 price per square foot in the Big Sky: Castlewood 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
Landing at Arroyo3 Bedroom 2 Bathroom3BR,2BA$3.02
Sofi at Topanga Canyon1 Bedroom, 1 Bath1BR,1BA$2.61
1750 On First Apartment Homes2BR/2BA2BR,2BA$3.01
Sage Creek Apartment Homes2 bed, 1 bath, 1st floor, reno2BR,1BA$2.84
The KnollsCoastal Oaks1BR,1BA$3.44
Hidden ValleyA11BR,1BA$3.07
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$3.17
Sofi at Wood RanchONE BEDROOM1BR,1BA$3.44
meadowoodPlan 1A1BR,1BA$3.49

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

decorative image of people examining a giant globe and floating graphs

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

Decorative image of map

See the most popular apartments and homes in Simi Valley, CA

View Map
Simi Valley, CA Apartments Map
View Map
Simi Valley, CA Rental Homes Map

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 $2,177 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 $2,410 at Sage Creek Apartment Homes.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.