
Cheap Apartments for Rent in the Central Simi Valley Neighborhood of Simi Valley, CA from $900 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Simi Valley area of Simi Valley.


Avalon Simi Valley

Meadowood

River Ranch

Apricot Townhomes

2662-2666 Tapo St
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.

1564 Prather St

2630-2638 Phipps Ave

2801-2877 Fairbanks Avenue

Peach Tree Apartments

Adam Road Apartments

MW Patricia Apartments
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.

Patricia Apartments

Peppertree Court Apartments

Patricia Village Senior Apartments

Westgate Seniors Apartments

Plaza del Sol

Walnut Square Apartments
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.

Ashlee Manor Senior Living
Central Simi Valley, Simi Valley, CA Local Guide

How much does it cost to rent an apartment in Central Simi Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Simi Valley Studio Apartments | $1,950 | $1,650 | $2,250 |
| Central Simi Valley 1 Bedroom Apartments | $2,509 | $2,000 | $3,180 |
| Central Simi Valley 2 Bedroom Apartments | $2,776 | $2,359 | $4,000 |
| Central Simi Valley 3 Bedroom Apartments | $3,348 | $3,127 | $3,739 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Central Simi Valley Neighborhood of Simi Valley, CA.
See all Apartments in Simi ValleyExplore Simi Valley
Central Simi Valley, Simi Valley, CA Local Guide
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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 $2,199. River Ranch has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,239. Here are the most affordable Central Simi Valley apartments for rent in Simi Valley, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowood | Plan 1A | 1BR,1BA | $2,199 |
| River Ranch | Dandelion | 1BR,1BA | $2,239 |
| Avalon Simi Valley | 784 | 1BR,1BA | $2,376 |
| Landing at Arroyo | 3 Bedroom 2 Bathroom | 3BR,2BA | $3,599 |
Best Value Apartments for Rent in Central Simi Valley, CA
As of April 28, 2026 the best value apartment in the Central Simi Valley area is the $3.02 price per square foot 3 Bedroom 2 Bathroom Model at Landing at Arroyo in the in the Big Sky: Castlewood neighborhood starting from $3,599. The second greatest value Central Simi Valley apartment is the 680 Model at Avalon Simi Valley starting at $2,491 with a $3.66 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Landing at Arroyo | 3 Bedroom 2 Bathroom | 3BR,2BA | $3.02 |
| Avalon Simi Valley | 680 | 1BR,1BA | $3.66 |
| Meadowood | Plan 1A | 1BR,1BA | $3.50 |
| River Ranch | Dandelion | 1BR,1BA | $3.65 |
| 3016 Court St, Unit 3016ACourtst. | 3016 Court St | Studio ,1BA | $6.25 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Central Simi Valley, Simi Valley, CA
School data provided by Great Schools
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 $2,197 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 $2,429 at Meadowood.
What is the most affordable Central Simi Valley Three Bedroom Apartment?
The best deal on a cheap Central Simi Valley Three Bedroom Apartment rental is at River Ranch and starts from $3,127.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.