Cheap Homes for Rent in Simi Valley, CA from $1,700 (20 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2261 Athens Ave

2261 Athens Ave

Simi ValleyCA93065

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.

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.

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.

property at 1850 Buyers St

1850 Buyers St

Simi ValleyCA93063
property at 1850 Buyers St

1850 Buyers St

Simi ValleyCA93063
property at 1850 Buyers St

1850 Buyers St

Simi ValleyCA93063
property at 1850 Buyers St

1850 Buyers St

Simi ValleyCA93063

Simi Valley, CA Local Guide

Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 06/21/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Big Sky: Castlewood$4,242$1,60044
Brentwood in Simi Valley$4,242$1,60033
Central Simi Valley$4,242$1,60031
Woodranch$4,717$1,60067
East Simi Valley$4,850$2,12530

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 ListingModel NameBed/BathPriced From
1745 Patricia Ave1 Bedroom1BR,1BA$2,000
Americana Simi ValleyCabrillo - A1BR,1BA$2,125
Indian OaksBur Premier1BR,1BA$2,128
River Ranch1Bed, 1 Bath1BR,1BA$2,159
Baywood Apartments1 Bedroom 1 Bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The KnollsSycamore3BR,2BA$3.06
Sofi Topanga Canyon2 Bed 2 Bath (C)2BR,2BA$2.77
Westlake CanyonEucalyptus2BR,2BA$2.89
Hillview Apartments2 Bed, 2 Bath2BR,2BA$2.87
Sage Creek Apartment Homes2BR/1BA2BR,1BA$3.02
1745 Patricia Ave1 Bedroom1BR,1BA$2.50
Mountain View Properties1 Bed 1 Bath1BR,1BA$3.22
Hidden ValleyA11BR,1BA$3.12
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$3.17
Americana Simi ValleyCabrillo - A1BR,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.

decorative image of people with a giant lease agreement

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.