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Rental Market Trends in Simi Valley, CA

What is the average rent in Simi Valley, CA?

$2,370/month

Average Rent

675 Sq Ft

Average Apartment Size

-1.4%

Decrease in the Last Year

As of December 2025, the average rent in Simi Valley, CA is $2,370 per month. This is 45% higher than the national average rent price of $1,631/month, making Simi Valley one of the most expensive cities in the US. When you rent an apartment in Simi Valley, you can expect to pay about $1,632 per month for a studio, $2,370 for a one-bedroom apartment, and around $2,623 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,176 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,632/month
469 Sq Ft
One Bedroom
$2,370/month
675 Sq Ft
Two Bedroom
$2,623/month
920 Sq Ft
Three Bedroom
$3,176/month
1,166 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,070/month
1,005 Sq Ft
Three Bedroom
$4,181/month
1,733 Sq Ft
Four Bedroom
$6,768/month
2,578 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,043/month
1,090 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,670/month
1,578 Sq Ft

How much has average rent changed in Simi Valley, CA?

In the past year, rent has decreased by 1.4%, which averages out to $32 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Simi Valley, CA
Last Updated December 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Simi Valley, CA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
6% $1,001 - $1,500/month
10% $1,501 - $2,000/month
84% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Simi Valley?

Based on current rent prices, Avalon is the most affordable neighborhood in Simi Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Avalon
$2,714/month
713 Sq Ft

What are the most expensive neighborhoods in Simi Valley?

Based on current rent prices, Avalon is the most expensive neighborhood in Simi Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Avalon
$2,714/month
713 Sq Ft

Which Simi Valley neighborhoods have the most rentals available?

The neighborhood in Simi Valley with the most apartments available is Avalon .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Avalon
$2,714/month
713 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Simi Valley, CA?

Because the average rent in Simi Valley is $2,370, you’ll want to make about $7,900 per month or $94,800 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Simi Valley, CA

243 Available Apartments for Rent

Search for Nearby Apartments

How does Simi Valley, CA compare to other nearby cities and neighborhoods?

Use the tool below to compare Simi Valley, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Simi Valley, CA

Apartment Averages

Avalon

Simi Valley, CA

Avalon

Simi Valley, CA

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Canoga Park Average Rent
  • West Hills Average Rent
  • Oak Park Average Rent
  • Chatsworth Average Rent
  • Agoura Hills Average Rent

Apartment communities in Simi Valley we think you'll love

Landing at Arroyo

Landing at Arroyo

1692 Sycamore Dr,
Simi Valley, CA 93065

$2,687 - $3,685

1-2 Beds

IMT Wood Ranch

IMT Wood Ranch

643 Country Club Dr,
Simi Valley, CA 93065

$2,455 - $2,625

1-2 Beds

Shadow Ridge Apartment Homes

Shadow Ridge Apartment Homes

1987 Ridgegate Ln,
Simi Valley, CA 93065

$2,638 - $6,295

1-3 Beds

Hidden Valley

Hidden Valley

5065 Hidden Park Ct,
Simi Valley, CA 93063

$2,309 - $3,797

1-3 Beds

Property Management Companies in Simi Valley, CA

Davlyn Investments
Davlyn Investments
  • 19

    Communities

  • 3,429

    Units

  • 12

    Cities

2 Communities in Simi Valley
AMC
AMC
  • 655

    Communities

  • 128,649

    Units

  • 254

    Cities

1 Community in Simi Valley
AvalonBay
AvalonBay
  • 199

    Communities

  • 71,292

    Units

  • 133

    Cities

1 Community in Simi Valley
Essex
Essex
  • 105

    Communities

  • 36,756

    Units

  • 53

    Cities

1 Community in Simi Valley
Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
  • 90

    Communities

  • 10,547

    Units

  • 50

    Cities

1 Community in Simi Valley
Sequoia Equities, Inc
Sequoia Equities, Inc
  • 52

    Communities

  • 12,943

    Units

  • 35

    Cities

1 Community in Simi Valley
IMT Residential
IMT Residential
  • 46

    Communities

  • 18,051

    Units

  • 32

    Cities

1 Community in Simi Valley
Decron Properties
Decron Properties
  • 24

    Communities

  • 7,298

    Units

  • 18

    Cities

1 Community in Simi Valley

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United States California Simi Valley Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity