Cheap Apartments for Rent in Simi Valley, CA from $900 (23 Rentals)

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

property at 4750 Alamo St

4750 Alamo St

Simi ValleyCA93063
property at 2261 Athens Ave

2261 Athens Ave

Simi ValleyCA93065
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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

Simi Valley, CA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 09/13/2025

Current apartment rentals in the Simi Valley, CA area range in price from $1,800 to $3,731 with an overall median price of $3,226. The three Simi Valley neighborhoods with the lowest median rent pricing are Big Sky: Castlewood at $1,800, Brentwood in Simi Valley at $1,987, and Central Simi Valley at $1,987. 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$3,217$1,80076
Brentwood in Simi Valley$3,217$1,98767
Central Simi Valley$3,217$1,98765
Woodranch$3,234$1,80092
East Simi Valley$3,248$2,19534

Cheapest Available Simi Valley Apartments for Rent

 

The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at Meadowood in the Big Sky: Castlewood neighborhood priced from $1,987. Sage Creek Apartment Homes in the East Simi Valley neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,170. Here is today’s list of the most affordable Simi Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowood1 Bed 1 Bath1BR,1BA$1,987
Sage Creek Apartment Homes2 bed, 1 bath, 1st floor, reno2BR,1BA$2,170
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$2,195
Indian OaksBur Premier1BR,1BA$2,294
IMT Wood RanchA11BR,1BA$2,330

Best Value Apartments for Rent in Simi Valley, CA

As of September 14, 2025 the best value apartment in the Simi Valley area is the $2.61 price per square foot 2 Bed 2 Bath (C) Model at Sofi Topanga Canyon in the in the Rancho Paso Fino in Chatsworth neighborhood starting from $2,880. The second greatest value Simi Valley apartment is the Eucalyptus Model at Westlake Canyon starting at $2,965 with a $2.74 price per square foot in the Northoaks 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.
Sofi Topanga Canyon2 Bed 2 Bath (C)2BR,2BA$2.61
Westlake CanyonEucalyptus2BR,2BA$2.74
IMT Summerset VillageB12BR,2BA$3.16
River Ranch2 bed, 2 bath2BR,2BA$2.84
Mountain View Properties1 Bed 1 Bath1BR,1BA$2.83
1750 On First Apartment Homes2BR/1BA2BR,1BA$3.07
Hidden ValleyA11BR,1BA$3.16
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$3.17
Sage Creek Apartment Homes1 bed, 1 bath, 1st floor, reno1BR,1BA$3.37
Meadowood1 Bed 1 Bath1BR,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. 

Pet Friendly Lifestyle
Simi Valley, CA

Ranked #906

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 $1,987 at Meadowood.

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 $2,175 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 Sage Creek Apartment Homes and starts from $2,790.

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

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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

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.