
Cheap Homes for Rent in Simi Valley, CA from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Simi Valley.


6456 Menlo St

2794 Carlmont Pl

1281 Hartley Ave, Unit B

7832 Mesa Dr

6211 Anastasia Ave
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.

697 Sutton Crest Trail

697 Sutton Crest Trail

1912 Heywood St

1088 Casa Grande Dr

1850 Buyers St

1850 Buyers St
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.

1151 Royal Ave
Simi Valley, CA Local Guide

How much does it cost to rent a home in Simi Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Simi Valley 2 Bedroom Homes for Rent | $3,161 | $2,595 | $4,000 |
| Simi Valley 3 Bedroom Homes for Rent | $4,241 | $3,300 | $7,500 |
| Simi Valley 4 Bedroom Homes for Rent | $6,673 | $1,200 | $10,000+ |
| Simi Valley 5 Bedroom Homes for Rent | $11,030 | $5,495 | $10,000+ |
| Simi Valley 6 Bedroom Homes for Rent | $9,000 | $9,000 | $9,000 |
| Simi Valley 7 Bedroom Homes for Rent | $19,997 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Simi Valley
Explore Simi Valley
Simi Valley, CA Local Guide
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Cheapest Neighborhoods for Apartments in Simi Valley, CA
Pricing Updated: 07/09/2026Current apartment rentals in the Simi Valley, CA area range in price from $1,595 to $4,083 with an overall median price of $3,391. The three Simi Valley neighborhoods with the lowest median rent pricing are Big Sky: Castlewood at $1,800, Brentwood in Simi Valley at $1,595, and Central Simi Valley at $1,595. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Simi Valley Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Big Sky: Castlewood | $3,246 | $1,800 | 27 |
| Brentwood in Simi Valley | $3,246 | $1,595 | 22 |
| Central Simi Valley | $3,246 | $1,595 | 22 |
| East Simi Valley | $3,478 | $2,233 | 15 |
| Woodranch | $3,743 | $1,595 | 42 |
Cheapest Available Simi Valley Apartments for Rent
 The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at Patricia Apartments in the Simi Valley neighborhood priced from $1,100. Meadowood in the Simi Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,169. Here is today’s list of the most affordable Simi Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Patricia Apartments | 1 BR | 1BR,1BA | $1,100 |
| Meadowood | Plan 1A | 1BR,1BA | $2,169 |
| Avalon Simi Valley | 680 | 1BR,1BA | $2,175 |
| Hidden Valley | A1 | 1BR,1BA | $2,194 |
| River Ranch | Dandelion | 1BR,1BA | $2,199 |
Best Value Apartments for Rent in Simi Valley, CA
As of July 10, 2026 the best value apartment in the Simi Valley area is the $2.62 price per square foot Unit F Model at Parkside Villas in the in the Simi Valley neighborhood starting from $3,250. The second greatest value Simi Valley apartment is the Sycamore Model at The Knolls starting at $3,743 with a $3.03 price per square foot in the Northoaks neighborhood. Here is today’s list of the best values for Simi Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkside Villas | Unit F | 3BR,2.5BA | $2.62 |
| The Knolls | Sycamore | 3BR,2BA | $3.03 |
| MW Patricia Apartments | 2 BD | 2BR,2BA | $2.17 |
| Sofi at Topanga Canyon | 2 Bedroom, 2 Bath A | 2BR,2BA | $2.67 |
| Sage Creek Apartment Homes | 2 bed, 1 bath, 2nd floor, reno | 2BR,1BA | $2.95 |
| Patricia Apartments | 1 BR | 1BR,1BA | $1.49 |
| Hidden Valley | A1 | 1BR,1BA | $3.23 |
| Sofi at Wood Ranch | ONE BEDROOM | 1BR,1BA | $3.37 |
| Meadowood | Plan 1A | 1BR,1BA | $3.46 |
| 1677 Sunnydale Ave, Unit ADU | 1677 Sunnydale Ave | Studio ,1BA | $3.19 |
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 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.
Simi Valley, CAPopulation: 125,851
Ranked #222
in US Census Population by City
Best Local Schools in Simi Valley, CA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Simi Valley, CA Rentals by Map
See the most popular apartments and homes in Simi Valley, CA
Frequently Asked Questions about Simi Valley
What type of rentals are currently available in Simi Valley?
There are currently 108 Apartments for Rent in Simi Valley, CA with pricing that ranges from $1,595 to $4,083. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Simi Valley ranging from $1,100 to $50,000.
What is the current price range for Rental Homes in Simi Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Simi Valley ranges from $1,100 to $50,000 with an average monthly rent of $12,011.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.