Simi Valley, CA Rental Market Trends
Last updated: October 16, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Simi Valley is $2,677, a 0.94% increase compared to the previous year, when the average rent was $2,652.
One-bedroom apartments provide 680 square feet for $2,366, balancing privacy and affordability.
Two-beedroom units at $2,796 offer 905 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,110 sq ft) for $3,308, suitable for larger households.
Average rent in Simi Valley, CA
Average Rent | Average Apartment Size | |
---|---|---|
All Rentals | $2,677 | 838 sq. ft. |
Studio | n/a | n/a |
1 Bed | $2,366 | 680 sq. ft. |
2 Beds | $2,796 | 905 sq. ft. |
3 Beds | $3,308 | 1,110 sq. ft. |
Simi Valley, CA rent trends
Rental prices in Simi Valley, CA have increased by 0.94% over the past year. The average rent moved from $2,652 to $2,677.
What's the typical rent budget in Simi Valley, CA?
The largest share of rentals in Simi Valley, CA (51%) fall between $2,501-$3,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Simi Valley, CA?
11,999 or 27% of the households in Simi Valley, CA are renter-occupied while 32,356 or 73% are owner-occupied.

Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Simi Valley apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.