Cheap Homes for Rent in Simi Valley, CA from $1,100 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in Simi Valley.

property at 6456 Menlo St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

4 Bedroom, 2.5 Bath Home for Rent

Available Now

6456 Menlo St

Simi ValleyCA93063
property at 1281 Hartley Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

1281 Hartley Ave, Unit B

1281 Hartley Ave
Simi ValleyCA93065

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.

property at 1850 Buyers St

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

2 Bedroom, 2 Bath Home for Rent

Available Now

1850 Buyers St

Simi ValleyCA93063
property at 1850 Buyers St

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

2 Bedroom, 2 Bath Home for Rent

Available Now

1850 Buyers St

Simi ValleyCA93063

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.

Simi Valley, CA Local Guide

Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 07/09/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Big Sky: Castlewood$3,246$1,80027
Brentwood in Simi Valley$3,246$1,59522
Central Simi Valley$3,246$1,59522
East Simi Valley$3,478$2,23315
Woodranch$3,743$1,59542

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 ListingModel NameBed/BathPriced From
Patricia Apartments1 BR1BR,1BA$1,100
MeadowoodPlan 1A1BR,1BA$2,169
Avalon Simi Valley6801BR,1BA$2,175
Hidden ValleyA11BR,1BA$2,194
River RanchDandelion1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Parkside VillasUnit F3BR,2.5BA$2.62
The KnollsSycamore3BR,2BA$3.03
MW Patricia Apartments2 BD2BR,2BA$2.17
Sofi at Topanga Canyon2 Bedroom, 2 Bath A2BR,2BA$2.67
Sage Creek Apartment Homes2 bed, 1 bath, 2nd floor, reno2BR,1BA$2.95
Patricia Apartments1 BR1BR,1BA$1.49
Hidden ValleyA11BR,1BA$3.23
Sofi at Wood RanchONE BEDROOM1BR,1BA$3.37
MeadowoodPlan 1A1BR,1BA$3.46
1677 Sunnydale Ave, Unit ADU1677 Sunnydale AveStudio ,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 Article
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Real 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.

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Quick Rent Budget Calculator

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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.

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Simi Valley, CA
Population: 125,851

Ranked #222

in US Census Population by City

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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 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.