
Cheap Homes for Rent in Simi Valley, CA from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Simi Valley.


14886 Reedley St

14886 Reedley St

2615 Elizondo Ave
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.

2653 Phipps Ave

4545 Alamo St

6015 Peppertree Ln

4757 Westwood St
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.

1748 Sinaloa Rd
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 | $3,087 | $2,500 | $4,100 |
| Simi Valley 3 Bedroom Homes for Rent | $3,984 | $2,900 | $7,500 |
| Simi Valley 4 Bedroom Homes for Rent | $6,887 | $3,750 | $10,000+ |
| Simi Valley 5 Bedroom Homes for Rent | $12,687 | $3,950 | $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
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Cheapest Neighborhoods for Apartments in Simi Valley, CA
Pricing Updated: 12/21/2025Current apartment rentals in the Simi Valley, CA area range in price from $975 to $12,000 with an overall median price of $6,339. The three Simi Valley neighborhoods with the lowest median rent pricing are East Simi Valley at $2,750, Brentwood in Simi Valley at $1,765, and Central Simi Valley at $975. 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 | $4,395 | $2,750 | 7 |
| Brentwood in Simi Valley | $4,500 | $1,765 | 13 |
| Central Simi Valley | $5,800 | $975 | 35 |
| Big Sky: Castlewood | $8,000 | $975 | 48 |
| Woodranch | $9,000 | $2,500 | 53 |
Cheapest Available Simi Valley Apartments for Rent
 The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at Meadowood in the Big Sky: Castlewood neighborhood priced from $2,147. Baywood Apartments in the East Simi Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,195. Here is today’s list of the most affordable Simi Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowood | Plan 1A | 1BR,1BA | $2,147 |
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2,195 |
| Hidden Valley | A1 | 1BR,1BA | $2,233 |
Best Value Apartments for Rent in Simi Valley, CA
As of December 21, 2025 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 2 Bedroom, 2 Bath C Model at Sofi at Topanga Canyon starting at $2,795 with a $2.53 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. |
|---|---|---|---|
| Parkside Villas | Unit F | 3BR,2.5BA | $2.62 |
| Sofi at Topanga Canyon | 2 Bedroom, 2 Bath C | 2BR,2BA | $2.53 |
| IMT Summerset Village | B3 | 2BR,2BA | $3.04 |
| Sage Creek Apartment Homes | 2 bed, 1 bath, 1st floor, reno | 2BR,1BA | $2.93 |
| 5977 Nelda St, Unit Nelda #3 | 5977 Nelda St | 2BR,1BA | $2.94 |
| Americana Simi Valley | Serra - C | 2BR,2BA | $3.14 |
| The Knolls | Coastal Oaks | 1BR,1BA | $3.41 |
| Hidden Valley | A1 | 1BR,1BA | $3.15 |
| Baywood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $3.17 |
| Meadowood | Plan 1A | 1BR,1BA | $3.42 |
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 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 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.
Pet Friendly LifestyleSimi Valley, CA
Ranked #992
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Simi Valley, CA
Garden Grove Elementary
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 107 Apartments for Rent in Simi Valley, CA with pricing that ranges from $2,000 to $8,569. There are also 130 Single Family Homes for rent, Condos, and Townhome rentals currently available in Simi Valley ranging from $975 to $52,000.
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 $975 to $52,000 with an average monthly rent of $7,474.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.