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Studio Apartments for Rent in Simi Valley, CA

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    $3,149 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Los Angeles - Simi Valley

    2498 Stearns St, Simi Valley, CA 93063

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Los Angeles - Simi Valley

    2498 Stearns St, Simi Valley, CA 93063
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    $2,000

    Total Monthly Price

    • Studio
    • 1 Bath
    • 360 Sq Ft
    • Condo for Rent

    3016 Court St Unit 3016ACourtst., Simi Valley, CA 93065

    ??Charming Detached Private Cottage w/ Gated Entry, Off-Street Parking, Covered Patio, Large Storage Shed & In-Unit Laundry — a rare find in Simi Valley.??Rent: $2,500/monthEnjoy peaceful, vacation-style living right in Simi Valley.This beautifully updated, fully self-contained cottage sits beneath a canopy of Japanese Red Flame trees—offering shade, privacy, and a

    3016 Court St Unit 3016ACourtst., Simi Valley, CA 93065
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    $1,600 Per Month

    • Studio
    • 1 Bath
    • 340 Sq Ft
    • House for Rent

    2794 Carlmont Place, Simi Valley, CA 93065

    Property Id: 2715915 Super clean & spacious studio available on nice quiet cul-de-sac with private entrance and private bathroom. This is for ONE PERSON ONLY. No couples, children, pets, smoking or drugs. No overnight guests for more than two consecutive nights unless previously discussed. Features private outdoor yard, hardwood flooring, kitchenette with refrigerator, freezer and

    2794 Carlmont Place, Simi Valley, CA 93065

Why Live in Simi Valley

The Ronald Reagan Presidential Library and Museum stands as Simi Valley's premier attraction, featuring Air Force One and panoramic valley views from its hilltop location. Outdoor recreation flourishes across more than 50 parks and open spaces, including Rocky Peak Park's challenging Hummingbird Trail and the historic Corriganville Park with its preserved Western movie sets. The dining scene ranges from upscale establishments like Larsen's Grill, known for prime steaks and seafood, to local favorites such as Eggs N Things and Flying Yolk for breakfast specialties.

The Simi Valley housing market currently includes approximately 300 homes for sale, with prices ranging from $475,000 to $2.1 million. The median sale price for single family homes is $885,000, while townhomes have a median price of $725,000. Condominiums start at a median price of $388,500 for one bedroom units and $497,500 for two bedrooms. The Wood Ranch neighborhood commands higher prices, with single family homes showing a median price of $1,225,000.

Property taxes in Simi Valley reflect Ventura County's effective rate of 0.69%, matching neighboring cities Thousand Oaks and Moorpark. The California state income tax rate is 6.00% for yearly salaries of $41,901, while the combined sales tax rate reaches 8.80%.

Located 40 miles northwest of Los Angeles, Simi Valley provides convenient commuting options via the 118 Ronald Reagan Freeway and regular Metrolink train service. The Mediterranean climate features warm summers averaging in the mid 70s to low 90s and mild winters in the mid 40s to mid 60s. The public school system includes several highly rated institutions such as Santa Susana High School and Royal High School, both rated A by Niche, while Grace School of Simi Valley leads private education options with an A minus rating.

Frequently Asked Questions

How much does it cost to rent a home in Simi Valley, CA?
The median rent for a home in Simi Valley, CA is $3,925 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Simi Valley, CA?
To comfortably afford the median rent in Simi Valley, CA, a household needs to earn roughly $157,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,925 per month in Simi Valley, CA, renters typically need to show $11,775 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Simi Valley, CA?
In Simi Valley, CA, the price-to-rent ratio is 17.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$3,925
Median Single Family Home Rent
$4,000
Median Townhouse Rent
$3,850
Median Condo Rent
$3,300
How to Rent a Home