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

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.

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1564 Prather St
1 to 3 Bedroom Apartments

1564 Prather St

1564 Prather StSimi 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
  • Utilities Included

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.

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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

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.

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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
  • Utilities Included

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 Meadowood priced from $2,137. River Ranch has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,199. Here are the most affordable Central Simi Valley apartments for rent in Simi Valley, CA:

Apartment ListingModel NameBed/BathPriced From
MeadowoodPlan 1A1BR,1BA$2,137
River RanchDandelion1BR,1BA$2,199
Avalon Simi Valley6801BR,1BA$2,240
Landing at Arroyo1 Bedroom 1 Bathroom1BR,1BA$2,599

Best Value Apartments for Rent in Central Simi Valley, CA

As of June 13, 2026 the best value apartment in the Central Simi Valley area is the $3.70 price per square foot 1 Bedroom 1 Bathroom Model at Landing at Arroyo in the in the Big Sky: Castlewood neighborhood starting from $2,599. The second greatest value Central Simi Valley apartment is the 680 Model at Avalon Simi Valley starting at $2,240 with a $3.29 price per square foot in the Big Sky: Castlewood 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.
Landing at Arroyo1 Bedroom 1 Bathroom1BR,1BA$3.70
Avalon Simi Valley6801BR,1BA$3.29
MeadowoodPlan 1A1BR,1BA$3.41
River RanchDandelion1BR,1BA$3.59

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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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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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.

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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 $2,137 at Meadowood.

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 $2,399 at Meadowood.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.