Cheap Apartments for Rent in the Central Simi Valley Neighborhood of Simi Valley, CA from $900 (19 Rentals)

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

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Apricot Townhomes
2 to 4 Bedroom Apartments

Apricot Townhomes

4540-4546 Apricot RdSimi Valley, CA 93063
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2662-2666 Tapo St
1 Bedroom Apartments

2662-2666 Tapo St

2662-2666 Tapo StSimi Valley, CA 93063
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1564 Prather St
1 to 3 Bedroom Apartments

1564 Prather St

1564 Prather StSimi Valley, CA 93065

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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River Ranch
1 to 3 Bedroom Apartments

River Ranch

1518 Patricia AveSimi Valley, CA 93065
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Peach Tree Apartments
2 to 3 Bedroom Apartments

Peach Tree Apartments

1671 Patricia AveSimi Valley, CA 93065
  • Utilities Included
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MW Patricia Apartments
1 to 2 Bedroom Apartments

MW Patricia Apartments

1817 Patricia AveSimi Valley, CA 93065
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Adam Road Apartments
2 Bedroom Apartments

Adam Road Apartments

4250 Adam RdSimi Valley, CA 93063
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Patricia Apartments
1 to 3 Bedroom Apartments

Patricia Apartments

1769 Patricia AveSimi Valley, CA 93065
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Plaza del Sol
1 to 4 Bedroom Apartments

Plaza del Sol

4231 Alamo StSimi Valley, CA 93063
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Ashlee Manor Senior Living
1 to 2 Bedroom Apartments

Ashlee Manor Senior Living

4583 Cochran StSimi Valley, CA 93063
Senior Living
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Central Simi Valley, Simi Valley, CA Local Guide

Cheapest Available Central Simi Valley Apartments for Rent

 

The cheapest available apartment rental in the Central Simi Valley area of Simi Valley, CA is a 1 Bed unit found at Patricia Apartments priced from $1,100. River Ranch has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,038. Here are the most affordable Central Simi Valley apartments for rent in Simi Valley, CA:

Apartment ListingModel NameBed/BathPriced From
Patricia Apartments1 BR1BR,1BA$1,100
River RanchRed Hills2BR,1BA$2,038
MeadowoodPlan 2A2BR,1BA$2,319
Landing at Arroyo1 Bedroom 1 Bathroom1BR,1BA$2,329
MW Patricia Apartments2 BD2BR,2BA$2,600

Best Value Apartments for Rent in Central Simi Valley, CA

As of September 11, 2026 the best value apartment in the Central Simi Valley area is the $2.17 price per square foot 2 BD Model at MW Patricia Apartments in the in the Simi Valley neighborhood starting from $2,600. The second greatest value Central Simi Valley apartment is the 2 BR Model at Patricia Apartments starting at $2,400 with a $2.85 price per square foot in the Simi Valley neighborhood. Here is today’s list of the best values for Central Simi Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MW Patricia Apartments2 BD2BR,2BA$2.17
Patricia Apartments2 BR2BR,1BA$2.85
River RanchRed Hills2BR,1BA$2.47
MeadowoodPlan 2A2BR,1BA$2.88
Landing at Arroyo1 Bedroom 1 Bathroom1BR,1BA$3.32
Avalon Simi Valley6801BR,1BA$3.31
2125 Magnolia St, Unit Simi JADU2125 Magnolia St2BR,1BA$4.38

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Cheap Central Simi Valley Apartments

How much is rent for a Cheap One Bedroom Central Simi Valley Apartment?

The lowest price for a Cheap One Bedroom Central Simi Valley Apartment is $1,100 at Patricia Apartments.

What is the lowest price for a Cheap Two Bedroom Central Simi Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Central Simi Valley is starting from $2,038 at River Ranch.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.