Cheap Apartments for Rent in Simi Valley, CA from $900 (19 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

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Simi Valley, CA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 10/31/2025

Current apartment rentals in the Simi Valley, CA area range in price from $1,995 to $15,121 with an overall median price of $3,041. The three Simi Valley neighborhoods with the lowest median rent pricing are Big Sky: Castlewood at $2,157, Brentwood in Simi Valley at $2,157, and Central Simi Valley at $2,157. 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$2,937$2,15726
Brentwood in Simi Valley$2,937$2,15715
Central Simi Valley$2,937$2,15715
East Simi Valley$3,040$2,00922
Woodranch$3,358$1,99566

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 $2,009. River Ranch in the Big Sky: Castlewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,022. Here is today’s list of the most affordable Simi Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hidden ValleyA11BR,1BA$2,009
River Ranch1Bed, 1 Bath1BR,1BA$2,022
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$2,195
Meadowood2 Bed 1 Bath B2BR,1BA$2,217
Avalon Simi Valley6801BR,1BA$2,235

Best Value Apartments for Rent in Simi Valley, CA

As of October 31, 2025 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 C Model at Sofi at Topanga Canyon starting at $3,075 with a $2.78 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 C2BR,2BA$2.78
Westlake CanyonEucalyptus2BR,2BA$2.83
Landing at Arroyo2 Bedroom 2 Bathroom2BR,2BA$3.02
5977 Nelda St, Unit Nelda #35977 Nelda St2BR,1BA$3.06
Sage Creek Apartment Homes2 bed, 1 bath, 2nd floor, reno2BR,1BA$2.80
Meadowood2 Bed 1 Bath B2BR,1BA$2.75
Americana Simi ValleySerra - C2BR,2BA$3.14
Hidden ValleyA11BR,1BA$2.84
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$3.17

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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.

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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. 

Pet Friendly Lifestyle
Simi Valley, CA

Ranked #966

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Simi Valley, CA Rentals by Map

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Getting Around Simi Valley, CA

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

25 / 100

Some Transit

A few nearby public transportation options

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 $2,009 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 $2,217 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 Meadowood and starts from $2,647.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.