
Cheap Homes for Rent in Simi Valley, CA from $1,700 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Simi Valley.


2261 Athens Ave

7832 Mesa Dr

1216 Patricia St

1191 Capri Dr
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.

1227 Alexander St

14620 Hartford St

2631 Phipps Ave

3361 Wichita Falls Ave, Unit Guest House

2007 Rhoda St

1091 Cavalier Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

697 Sutton Crest Trail

727 Ashland Ave

2014 Avenida Placida, Unit 4

2311 Archwood Ln
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1850 Buyers St

1850 Buyers St

1850 Buyers St

1850 Buyers St

718 Greenbriar 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 | $2,849 | $2,300 | $3,300 |
Simi Valley 3 Bedroom Homes for Rent | $4,319 | $3,350 | $5,800 |
Simi Valley 4 Bedroom Homes for Rent | $6,255 | $4,200 | $8,995 |
Simi Valley 5 Bedroom Homes for Rent | $9,115 | $5,300 | $10,000+ |
Simi Valley 6 Bedroom Homes for Rent | $21,749 | $8,500 | $10,000+ |
Simi Valley 7 Bedroom Homes for Rent | $21,995 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Simi Valley
Explore Simi Valley
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: 06/21/2025Current apartment rentals in the Simi Valley, CA area range in price from $1,600 to $8,500 with an overall median price of $4,458. The three Simi Valley neighborhoods with the lowest median rent pricing are Big Sky: Castlewood at $1,600, Brentwood in Simi Valley at $1,600, and Central Simi Valley at $1,600. 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 | $4,242 | $1,600 | 44 |
Brentwood in Simi Valley | $4,242 | $1,600 | 33 |
Central Simi Valley | $4,242 | $1,600 | 31 |
Woodranch | $4,717 | $1,600 | 67 |
East Simi Valley | $4,850 | $2,125 | 30 |
Cheapest Available Simi Valley Apartments for Rent
 The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at 1745 Patricia Ave in the Big Sky: Castlewood neighborhood priced from $2,000. Americana Simi Valley in the East Simi Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,125. Here is today’s list of the most affordable Simi Valley apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1745 Patricia Ave | 1 Bedroom | 1BR,1BA | $2,000 |
Americana Simi Valley | Cabrillo - A | 1BR,1BA | $2,125 |
Indian Oaks | Bur Premier | 1BR,1BA | $2,128 |
River Ranch | 1Bed, 1 Bath | 1BR,1BA | $2,159 |
Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2,195 |
Best Value Apartments for Rent in Simi Valley, CA
As of June 21, 2025 the best value apartment in the Simi Valley area is the $3.06 price per square foot Sycamore Model at The Knolls in the in the Northoaks neighborhood starting from $3,790. The second greatest value Simi Valley apartment is the 2 Bed 2 Bath (C) Model at Sofi Topanga Canyon starting at $3,058 with a $2.77 price per square foot in the Rancho Paso Fino in Chatsworth 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. |
---|---|---|---|
The Knolls | Sycamore | 3BR,2BA | $3.06 |
Sofi Topanga Canyon | 2 Bed 2 Bath (C) | 2BR,2BA | $2.77 |
Westlake Canyon | Eucalyptus | 2BR,2BA | $2.89 |
Hillview Apartments | 2 Bed, 2 Bath | 2BR,2BA | $2.87 |
Sage Creek Apartment Homes | 2BR/1BA | 2BR,1BA | $3.02 |
1745 Patricia Ave | 1 Bedroom | 1BR,1BA | $2.50 |
Mountain View Properties | 1 Bed 1 Bath | 1BR,1BA | $3.22 |
Hidden Valley | A1 | 1BR,1BA | $3.12 |
Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $3.17 |
Americana Simi Valley | Cabrillo - A | 1BR,1BA | $3.13 |
Quick 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.
Frequently Asked Questions about Simi Valley
What type of rentals are currently available in Simi Valley?
There are currently 114 Apartments for Rent in Simi Valley, CA with pricing that ranges from $1,600 to $15,900. There are also 108 Single Family Homes for rent, Condos, and Townhome rentals currently available in Simi Valley ranging from $1,700 to $34,999.
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 $1,700 to $34,999 with an average monthly rent of $9,783.
How much are larger Three and Four Bedroom Rentals in Simi Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Simi Valley range from $2,800 to $7,998, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,350 to $5,800. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $3,635.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.