
Cheap Homes for Rent in Simi Valley, CA from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Simi Valley.


4010 Avenida Verano

10458 Brooke Ave

4545 Alamo St

Furnished Studio-Los Angeles - Simi Valley

6358 Raylene Ct
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.

2033 Calle La Sombra

3342 Darby St

6002 Nelda St

7869 Mesa Dr

2075 Avenida Vista Del Monte #1

9903 Rudnick Ave
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.
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 | $3,015 | $2,400 | $4,350 |
| Simi Valley 3 Bedroom Homes for Rent | $4,309 | $3,480 | $7,700 |
| Simi Valley 4 Bedroom Homes for Rent | $5,924 | $3,795 | $9,000 |
| Simi Valley 5 Bedroom Homes for Rent | $11,432 | $5,200 | $10,000+ |
| Simi Valley 6 Bedroom Homes for Rent | $13,000 | $10,000 | $10,000+ |
| Simi Valley 7 Bedroom Homes for Rent | $20,747 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Simi Valley
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Simi Valley, CA Local Guide
- Simi Valley Neighborhoods
- Nearby Cities
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- School Districts
Cheapest Neighborhoods for Apartments in Simi Valley, CA
Pricing Updated: 04/01/2026Current apartment rentals in the Simi Valley, CA area range in price from $1,900 to $4,650 with an overall median price of $3,684. The three Simi Valley neighborhoods with the lowest median rent pricing are East Simi Valley at $1,900, Woodranch at $2,000, and Big Sky: Castlewood at $1,900. 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 |
|---|---|---|---|
| East Simi Valley | $3,448 | $1,900 | 20 |
| Woodranch | $3,676 | $2,000 | 26 |
| Big Sky: Castlewood | $3,720 | $1,900 | 19 |
| Brentwood in Simi Valley | $3,790 | $1,900 | 13 |
| Central Simi Valley | $3,790 | $1,900 | 11 |
Cheapest Available Simi Valley Apartments for Rent
 The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at Baywood Apartments in the East Simi Valley neighborhood priced from $2,195. Meadowood in the Big Sky: Castlewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,197. Here is today’s list of the most affordable Simi Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2,195 |
| Meadowood | Plan 1A | 1BR,1BA | $2,197 |
| River Ranch | Dandelion | 1BR,1BA | $2,205 |
| Hidden Valley | A1 | 1BR,1BA | $2,217 |
| Avalon Simi Valley | 680 | 1BR,1BA | $2,295 |
Best Value Apartments for Rent in Simi Valley, CA
As of April 01, 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 East Simi Valley neighborhood starting from $3,250. The second greatest value Simi Valley apartment is the 3 Bedroom 2 Bathroom Model at Landing at Arroyo starting at $3,681 with a $3.09 price per square foot in the Big Sky: Castlewood 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 |
| Landing at Arroyo | 3 Bedroom 2 Bathroom | 3BR,2BA | $3.09 |
| Westlake Canyon | Eucalyptus | 2BR,2BA | $2.94 |
| Sofi at Topanga Canyon | 1 Bedroom, 1 Bath | 1BR,1BA | $2.72 |
| 1750 On First Apartment Homes | 2BR/1BA | 2BR,1BA | $3.02 |
| Hidden Valley | A1 | 1BR,1BA | $3.13 |
| IMT Wood Ranch | A2 | 1BR,1BA | $3.39 |
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $3.17 |
| Avalon Simi Valley | 680 | 1BR,1BA | $3.38 |
| 1926 Glenview Ave, Unit Glenview | 1926 Glenview Ave | 1BR,1BA | $3.17 |
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.
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!
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Frequently Asked Questions about Simi Valley
What type of rentals are currently available in Simi Valley?
There are currently 106 Apartments for Rent in Simi Valley, CA with pricing that ranges from $1,900 to $4,650. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Simi Valley ranging from $1,091 to $39,600.
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 $1,091 to $39,600 with an average monthly rent of $7,760.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.