Cheap Homes for Rent in Simi Valley, CA from $1,600 (17 Rentals)

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property at 2261 Athens Ave

2261 Athens Ave

Simi ValleyCA93065

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.

property at 4750 Alamo St

4750 Alamo St

Simi ValleyCA93063

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 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.

Simi Valley, CA Local Guide

Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 09/08/2025

Current apartment rentals in the Simi Valley, CA area range in price from $1,625 to $15,000 with an overall median price of $6,060. The three Simi Valley neighborhoods with the lowest median rent pricing are East Simi Valley at $1,900, Big Sky: Castlewood at $1,625, and Brentwood in Simi Valley at $2,400. 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
East Simi Valley$4,300$1,90011
Big Sky: Castlewood$6,500$1,62549
Brentwood in Simi Valley$6,500$2,40012
Central Simi Valley$6,500$1,87531
Woodranch$6,500$1,62547

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 $2,017. Sage Creek Apartment Homes in the East Simi Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,155. Here is today’s list of the most affordable Simi Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowood1 Bed 1 Bath1BR,1BA$2,017
Sage Creek Apartment Homes1 bed, 1 bath, 1st floor, reno1BR,1BA$2,155
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$2,195
Indian OaksBur Premier1BR,1BA$2,294
Americana Simi ValleyCabrillo - A1BR,1BA$2,350

Best Value Apartments for Rent in Simi Valley, CA

As of September 08, 2025 the best value apartment in the Simi Valley area is the $2.69 price per square foot 2 Bed 2 Bath (A) Model at Sofi Topanga Canyon in the in the Rancho Paso Fino in Chatsworth neighborhood starting from $2,916. The second greatest value Simi Valley apartment is the 2 Bedroom 2 Bathroom Model at Landing at Arroyo starting at $3,116 with a $2.95 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sofi Topanga Canyon2 Bed 2 Bath (A)2BR,2BA$2.69
Landing at Arroyo2 Bedroom 2 Bathroom2BR,2BA$2.95
River Ranch2 bed, 2 bath2BR,2BA$2.71
Mountain View Properties1 Bed 1 Bath1BR,1BA$2.83
1750 On First Apartment Homes2BR/1BA2BR,1BA$3.07
Hidden ValleyA11BR,1BA$3.36
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$3.17
Americana Simi ValleyCabrillo - A1BR,1BA$3.46
Sage Creek Apartment Homes1 bed, 1 bath, 1st floor, reno1BR,1BA$3.32
Meadowood1 Bed 1 Bath1BR,1BA$3.22

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Pet Friendly Lifestyle
Simi Valley, CA

Ranked #902

Among cities in California for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 109 Apartments for Rent in Simi Valley, CA with pricing that ranges from $1,800 to $3,789. There are also 120 Single Family Homes for rent, Condos, and Townhome rentals currently available in Simi Valley ranging from $1,625 to $21,995.

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 $1,625 to $21,995 with an average monthly rent of $6,738.

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 $2,840 to $3,789, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,995 to $13,000. Four Bedroom Single-Family rentals are also available starting from $3,750 and Four Bedroom Apartments start at $3,545.

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 The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.