Cheap Apartments for Rent in Simi Valley, CA from $900 (18 Rentals)

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

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.

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.

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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

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.

Simi Valley, CA Local Guide

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Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 07/30/2025

Current apartment rentals in the Simi Valley, CA area range in price from $2,000 to $4,416 with an overall median price of $3,374. The three Simi Valley neighborhoods with the lowest median rent pricing are East Simi Valley at $2,195, Brentwood in Simi Valley at $2,000, and Central Simi Valley at $2,000. 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$3,172$2,19521
Brentwood in Simi Valley$3,417$2,00020
Central Simi Valley$3,417$2,00020
Big Sky: Castlewood$3,428$2,00033
Woodranch$3,439$2,00052

Cheapest Available Simi Valley Apartments for Rent

 

The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at 1745 Patricia Ave in the Big Sky: Castlewood neighborhood priced from $2,000. Baywood Apartments in the East Simi Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,195. Here is today’s list of the most affordable Simi Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1745 Patricia Ave1 Bedroom1BR,1BA$2,000
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$2,195
Hidden ValleyA11BR,1BA$2,234
Meadowood1 Bed 1 Bath1BR,1BA$2,237
Indian OaksBur Premier1BR,1BA$2,249

Best Value Apartments for Rent in Simi Valley, CA

As of July 30, 2025 the best value apartment in the Simi Valley area is the $2.67 price per square foot 3 Bed 2 Bath Model at Sofi Topanga Canyon in the in the Rancho Paso Fino in Chatsworth neighborhood starting from $3,534. The second greatest value Simi Valley apartment is the 3 bed, 2 Bath Model at River Ranch starting at $2,983 with a $2.80 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.
Sofi Topanga Canyon3 Bed 2 Bath3BR,2BA$2.67
River Ranch3 bed, 2 Bath3BR,2BA$2.80
Landing at Arroyo2 Bedroom 2 Bathroom2BR,2BA$3.01
Hillview Apartments2 Bed, 2 Bath2BR,2BA$2.87
Sage Creek Apartment Homes2BR/1BA2BR,1BA$2.88
1745 Patricia Ave1 Bedroom1BR,1BA$2.50
Hidden ValleyA11BR,1BA$3.16
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$3.17
Sofi at Wood RanchONE BEDROOM1BR,1BA$3.51
Americana Simi ValleyCabrillo - A1BR,1BA$3.46

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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 #838

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 $2,000 at 1745 Patricia Ave.

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 $2,419 at Indian Oaks.

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 $2,870.

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

Written by: Christine Leonard, Esq.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.