
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

Apricot Townhomes

2662-2666 Tapo St

1564 Prather St
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.

2630-2638 Phipps Ave

River Ranch

2801-2877 Fairbanks Avenue

Peach Tree Apartments

MW Patricia Apartments

Adam Road Apartments
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.

Patricia Apartments

Peppertree Court Apartments

Patricia Village Senior Apartments

Westgate Seniors Apartments

Plaza del Sol

Walnut Square Apartments
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.

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 1 Bedroom Apartments | $2,644 | $1,800 | $3,200 |
| Central Simi Valley 2 Bedroom Apartments | $2,951 | $1,750 | $3,460 |
| Central Simi Valley 3 Bedroom Apartments | $3,688 | $2,877 | $4,430 |
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.
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Patricia Apartments | 1 BR | 1BR,1BA | $1,100 |
| River Ranch | Red Hills | 2BR,1BA | $2,038 |
| Meadowood | Plan 2A | 2BR,1BA | $2,319 |
| Landing at Arroyo | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,329 |
| MW Patricia Apartments | 2 BD | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| MW Patricia Apartments | 2 BD | 2BR,2BA | $2.17 |
| Patricia Apartments | 2 BR | 2BR,1BA | $2.85 |
| River Ranch | Red Hills | 2BR,1BA | $2.47 |
| Meadowood | Plan 2A | 2BR,1BA | $2.88 |
| Landing at Arroyo | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.32 |
| Avalon Simi Valley | 680 | 1BR,1BA | $3.31 |
| 2125 Magnolia St, Unit Simi JADU | 2125 Magnolia St | 2BR,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.
Read ArticleNavigating 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.
Read ArticleReal 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.
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
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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

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.

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.

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.

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.