
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.


2318 Medina Ave

10458 Brooke Ave

1484 Ahart St

4545 Alamo St

7832 Mesa Dr
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.

3261 Cole Ave

6211 Anastasia Ave

2345 Bryson Pl

631 Oak Run Trl, Unit 303, Unit 303

3342 Darby St

7869 Mesa Dr
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.

2601 Kadota St
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 | $3,094 | $2,500 | $3,595 |
| Simi Valley 3 Bedroom Homes for Rent | $4,666 | $3,500 | $8,500 |
| Simi Valley 4 Bedroom Homes for Rent | $6,139 | $3,800 | $9,998 |
| Simi Valley 5 Bedroom Homes for Rent | $10,398 | $4,795 | $10,000+ |
| Simi Valley 6 Bedroom Homes for Rent | $9,525 | $5,700 | $10,000+ |
| 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: 05/19/2026Current apartment rentals in the Simi Valley, CA area range in price from $1,950 to $4,117 with an overall median price of $3,620. The three Simi Valley neighborhoods with the lowest median rent pricing are Big Sky: Castlewood at $1,950, East Simi Valley at $2,160, and Brentwood in Simi Valley at $1,950. 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 | $3,541 | $1,950 | 23 |
| East Simi Valley | $3,567 | $2,160 | 25 |
| Brentwood in Simi Valley | $3,585 | $1,950 | 17 |
| Central Simi Valley | $3,585 | $1,950 | 14 |
| Woodranch | $3,824 | $2,199 | 40 |
Cheapest Available Simi Valley Apartments for Rent
 The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at Sage Creek Apartment Homes in the East Simi Valley neighborhood priced from $2,160. Hidden Valley in the East Simi Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,177. Here is today’s list of the most affordable Simi Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sage Creek Apartment Homes | 1 bed, 1 bath, 2nd floor, reno | 1BR,1BA | $2,160 |
| Hidden Valley | A1 | 1BR,1BA | $2,177 |
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2,195 |
| Meadowood | Plan 1A | 1BR,1BA | $2,219 |
| Indian Oaks | Bur Premier | 1BR,1BA | $2,233 |
Best Value Apartments for Rent in Simi Valley, CA
As of May 19, 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 4434 Apricot Rd Model at 4434 Apricot Rd, Unit F starting at $2,675 with a $2.65 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 |
| 4434 Apricot Rd, Unit F | 4434 Apricot Rd | 2BR,2BA | $2.65 |
| 1750 On First Apartment Homes | 2BR/2BA | 2BR,2BA | $2.89 |
| Sage Creek Apartment Homes | 2 bed, 1 bath, 1st floor, reno | 2BR,1BA | $3.10 |
| Mountain View Properties | 1 Bed 1 Bath | 1BR,1BA | $2.81 |
| River Ranch | Red Hills | 2BR,1BA | $2.94 |
| Hidden Valley | A1 | 1BR,1BA | $3.07 |
| 9825 Topanga Canyon Blvd, Unit 18 | 9825 Topanga Canyon Blvd | 1BR,1BA | $2.51 |
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $3.17 |
| Sofi at Wood Ranch | ONE BEDROOM | 1BR,1BA | $3.50 |
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!
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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 111 Apartments for Rent in Simi Valley, CA with pricing that ranges from $1,745 to $4,117. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Simi Valley ranging from $1,100 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 $1,100 to $39,600 with an average monthly rent of $7,207.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.