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211 Apartments for rent in Simi Valley, CA

Read Guide >
Last updated October 18 at 7:10PM
1838 Winterdew Avenue
West Simi Valley
Simi Valley, CA
Updated October 9 at 2:07AM UTC
4 Bedrooms
$3,500
5900 Malton Avenue
East Simi Valley
Simi Valley, CA
Updated October 1 at 9:29AM UTC
4 Bedrooms
$3,350
759 Twin Peaks
Woodranch
Simi Valley, CA
Updated October 13 at 9:42AM UTC
3 Bedrooms
$3,400
6509 Denby Court
East Simi Valley
Simi Valley, CA
Updated October 13 at 9:42AM UTC
5 Bedrooms
$3,500
2396 Fitzgerald Road
Simi Valley Town Center
Simi Valley, CA
Updated October 10 at 9:48AM UTC
4 Bedrooms
$2,895
1974 Blazewood Street
East Simi Valley
Simi Valley, CA
Updated September 15 at 9:37AM UTC
3 Bedrooms
$2,700
3216 Darby Street
Central Simi Valley
Simi Valley, CA
Updated October 18 at 6:27PM UTC
3 Bedrooms
$2,300
3248 Bluebird Circle
East Simi Valley
Simi Valley, CA
Updated October 6 at 3:51AM UTC
4 Bedrooms
$3,995
4453 Apricot Road
Central Simi Valley
Simi Valley, CA
Updated October 18 at 7:10PM UTC
2 Bedrooms
$2,175
4166 Laredo Lane
Central Simi Valley
Simi Valley, CA
Updated October 17 at 2:28AM UTC
3 Bedrooms
$2,900
3318 Darby Street
Central Simi Valley
Simi Valley, CA
Updated September 14 at 9:53AM UTC
2 Bedrooms
$2,050
4211 Yukon Avenue
Central Simi Valley
Simi Valley, CA
Updated September 24 at 10:27AM UTC
3 Bedrooms
$2,795
4472 Lubbock Drive
Central Simi Valley
Simi Valley, CA
Updated October 6 at 3:44AM UTC
3 Bedrooms
$2,700
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October 2017 Simi Valley Rent Report

Welcome to the October 2017 Simi Valley Rent Report. Simi Valley rents increased over the past month. In this report, we'll evaluate trends in the Simi Valley rental market, including comparisons to cities throughout the state and nation.

View full Simi Valley Rent Report
Rent Report
Simi Valley

October 2017 Simi Valley Rent Report

Welcome to the October 2017 Simi Valley Rent Report. Simi Valley rents increased over the past month. In this report, we'll evaluate trends in the Simi Valley rental market, including comparisons to cities throughout the state and nation.

Simi Valley rents increased significantly over the past month

Simi Valley rents have increased 0.5% over the past month, and are up slightly by 1.3% in comparison to the same time last year. Currently, median rents in Simi Valley stand at $1,910 for a one-bedroom apartment and $2,520 for a two-bedroom. Simi Valley's year-over-year rent growth lags the state average of 4.3%, as well as the national average of 2.8%.

Rents rising across cities in California

Throughout the past year, rent increases have been occurring not just in the city of Simi Valley, but across the entire state. Of the largest 10 cities that we have data for in California, all of them have seen prices rise. The state as a whole logged rent growth of 4.3% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, San Francisco is the most expensive of all California's major cities, with a median two-bedroom rent of $3,080; of the 10 largest California cities that we have data for, all have seen rents rise year-over-year, with Sacramento experiencing the fastest growth (+9.7%).
  • Fresno, Oakland, and Anaheim have all experienced year-over-year growth above the state average (6.6%, 5.4%, and 5.2%, respectively).

Many large cities nationwide show more affordable rents compared to Simi Valley

As rents have increased slightly in Simi Valley, other large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Simi Valley is less affordable for renters.

  • Simi Valley's median two-bedroom rent of $2,520 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 1.3% rise in Simi Valley.
  • While Simi Valley's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including, Seattle (+4.5%), Phoenix (+4.5%), and Denver (+2.7%).
  • Renters will generally find more expensive prices in Simi Valley than most large cities. For example, Detroit has a median 2BR rent of $890, where Simi Valley is more than two-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

City Guide
Simi Valley
Apartment Hunting in Simi Valley

Most complexes do not offer paid utilities. Does the apartment complex you’ve completely fallen in love with offer a gym, swimming pool, sauna or tanning salon? If so, ask about fees for these services a month. While some complexes offer complimentary services, others are quick to charge a hefty fee every month.

Again, Californians don't walk if they don't have to, so not bringing a car with you isn't really an option. This is the suburbs so public transportation will be scarce to certain parts of the city. Not to mention, the bus does not run at 3 a.m. for emergency cough syrup or ice cream runs. Before you get excited about an apartment check all of the fees associated with getting the apartment of your dreams. While most require an application fee, some will also ask for a separate background check fee. Adding these costs to the cost of the deposit, first month’s rent, moving companies, utility hook up fees and/or moving truck will save you any surprises.

Neighborhoods in Simi Valley

Here, we’ll break down the most popular neighborhoods.

Woodranch: Woodranch is a neighborhood in the southwest corner of Simi Valley. Mostly single-family homes are here, with a few luxury apartment buildings thrown into the mix. Nearby shopping and dining will save you a little gas.

Tapo Canyon: Located in the northern part of Simi Valley, Tapo Canyon is home to a few small apartment buildings. Explore Tapo Canyon park, followed by a coffee from one of the many local coffee shops.

Santa Susana Knolls: Simi Valley was almost known as Santa Susana, but now that name is just reserved for one of the city's largest neighborhoods. Rural, it's surrounded by mountains and yes, this is where many westerns were filmed. Santa Susana Knolls offers high rise apartments and a few apartment complexes.

Alamo: Prefer a rental home to an apartment? Then start here first. Alamo is a suburban neighborhood with a range of rental options that range depending on size, number of amenities, and style.

Tiera Rijadda: Professionally-managed apartment complexes dominate the scene in Tiera Rijadda.

Once you start your search for your new apartment in Simi Valley, California, get into the west coast state of mind, dude. Chill out and relax, with all this information here and the amenities beautiful Simi Valley has to offer, you’re bound to find something. Now go forth you California dreamer and start your California apartment hunt.