Cheap Homes for Rent in Simi Valley, CA from $1,600 (22 Rentals)

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

property at 2261 Athens Ave

2261 Athens Ave

Simi ValleyCA93065
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
Showing Results 1-22, Page 1 of 1

Simi Valley, CA Local Guide

Cheapest Neighborhoods for Apartments in Simi Valley, CA

Pricing Updated: 07/25/2025

Current apartment rentals in the Simi Valley, CA area range in price from $1,800 to $12,000 with an overall median price of $8,090. The three Simi Valley neighborhoods with the lowest median rent pricing are East Simi Valley at $3,750, Big Sky: Castlewood at $1,800, and Central Simi Valley at $2,300. 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$6,350$3,7509
Big Sky: Castlewood$6,800$1,80031
Central Simi Valley$6,800$2,30021
Brentwood in Simi Valley$8,500$2,30010
Woodranch$12,000$1,80050

Cheapest Available Simi Valley Apartments for Rent

 

The cheapest available apartment rental in Simi Valley, CA is a 1 Bed unit found at Sage Creek Apartment Homes in the East Simi Valley neighborhood priced from $1,900. 1745 Patricia Ave in the Big Sky: Castlewood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,000. Here is today’s list of the most affordable Simi Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sage Creek Apartment Homes1BR/1BA1BR,1BA$1,900
1745 Patricia Ave1 Bedroom1BR,1BA$2,000
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$2,195
Meadowood1 Bed 1 Bath1BR,1BA$2,259
1750 On First Apartment Homes1BR/1BA1BR,1BA$2,315

Best Value Apartments for Rent in Simi Valley, CA

As of July 25, 2025 the best value apartment in the Simi Valley area is the $2.66 price per square foot 2 Bed 2 Bath (C) Model at Sofi Topanga Canyon in the in the Rancho Paso Fino in Chatsworth neighborhood starting from $2,938. The second greatest value Simi Valley apartment is the Eucalyptus Model at Westlake Canyon starting at $3,382 with a $3.12 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.
Sofi Topanga Canyon2 Bed 2 Bath (C)2BR,2BA$2.66
Westlake CanyonEucalyptus2BR,2BA$3.12
Indian OaksScarlet Premier3BR,2BA$3.05
Landing at Arroyo2 Bedroom 2 Bathroom2BR,2BA$3.03
Hillview Apartments2 Bed, 2 Bath2BR,2BA$2.87
River Ranch2 bed, 2 bath2BR,2BA$2.80
1745 Patricia Ave1 Bedroom1BR,1BA$2.50
Hidden ValleyA11BR,1BA$3.44
Baywood Apartments1 Bedroom 1 Bath1BR,1BA$3.17
Sage Creek Apartment Homes1BR/1BA1BR,1BA$2.92

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Frequently Asked Questions about Simi Valley

What type of rentals are currently available in Simi Valley?

There are currently 111 Apartments for Rent in Simi Valley, CA with pricing that ranges from $1,900 to $5,599. There are also 114 Single Family Homes for rent, Condos, and Townhome rentals currently available in Simi Valley ranging from $1,625 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 $1,625 to $34,999 with an average monthly rent of $9,113.

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.