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Average Rent in Simi Valley, CA

Home  »  CA  »  Simi Valley

Current Versus Historical Simi Valley, CA Rents

Simi Valley rentals average $0 for a 1-bedroom rental to $5,150 for a 4-bedroom rental. The median price of all currently available listings is $4,145, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $8 (0.58%) year-over-year from $1,442 to $1,450. 1-bedroom rentals prices have increased by $570 (32.95%) year-over-year from $1,730 to $2,300. 2-bedroom rentals prices have increased by $228 (8.93%) year-over-year from $2,548 to $2,775. 3-bedroom rentals prices have increased by $233 (6.73%) year-over-year from $3,467 to $3,700. 4-bedroom rentals prices have increased by $350 (8.14%) year-over-year from $4,300 to $4,650. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 21.27% this month. 1-bedroom rents have gone up by 9.52% this month. 2-bedroom rents have gone up by 3.74% this month. 3-bedroom rents have gone up by 1.83% this month. 4-bedroom rents have gone up by 5.28% this month.
Beds
Price / Sqft
 Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $2.90 $2,775 $2,548 (8.93%) $2,183 (27.15%)
3 BR $2.85 $3,700 $3,467 (6.73%) $3,108 (19.03%)
4+ BR $1.92 $4,650 $4,300 (8.14%) $3,474 (33.85%)

Historical Rents in Simi Valley, CA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Simi Valley

There are a total of 1 cities nearby Simi Valley. The average rent in Simi Valley is currently $2,945 per month. Only one city nearby has an average rent lower than that. Our records show that Santa Clarita, CA, with an average rent of $2,945, is the most affordable city nearby. In contrast, the most expensive city near Simi Valley, CA is Santa Clarita, CA. Monthly rents here are on average $2,945 per month.

Let's compare Simi Valley, CA's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Simi Valley, CA are about 4.42% more affordable. Finally, rent for three bedrooms are about 1.64% more affordable. Want more information? Check out the top 1 cities near Simi Valley, CA in the following chart.
City Studio 1 Bed 2 Bed All
Santa Clarita, CA N/A $2,398 $2,950 $2,945

Top Neighborhoods Near Simi Valley

There are a total of 1 neighborhoods in or near Simi Valley. We've included all of these top 1 neighborhoods in or near Simi Valley, CA in the following chart.

The average rent for these 1 neighborhoods in or near Simi Valley, CA is currently around $4,450 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Simi Valley's average rent, which is only $4,145. Out of all the neighborhoods in or near Simi Valley, Woodland Hills-Warner Center has the most affordable average rent at $4,450 per month. Whereas, at $4,450 average rent per month, Woodland Hills-Warner Center is the most expensive neighborhood in or near Simi Valley. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Woodland Hills-Warner Center, Los Angeles, CA N/A $2,340 $3,248 $4,450

Top Counties Near Simi Valley

There are a total of 1 counties located by Simi Valley, CA.

We've listed the top 0 counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Simi Valley

There is one zipcode in or near Simi Valley, CA. The average rent for this zipcode is $3,950.

The following chart includes the zipcode in or near Simi Valley, CA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
91367, Los Angeles, CA N/A $2,381 $3,250 $3,950

Frequently Asked Questions - Simi Valley Average Rents

What is the average rent price in Simi Valley, CA?
The average monthly rental price for Simi Valley, CA apartments for rent is approximately $4,145. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Simi Valley, CA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Simi Valley, CA.
How much is a studio apartment in Simi Valley, CA?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Simi Valley.
How much is a one bedroom apartment in Simi Valley, CA?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Simi Valley.
How much is a two bedroom apartment in Simi Valley, CA?
The average monthly rental price for two bedroom apartments is $2,825 and an average price per square feet of $2.90. There are a total of 2 two bedroom apartment listings currently available for rent in Simi Valley.
How have rent prices in Simi Valley, CA changed this year?
Rent prices for rentals in Simi Valley, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.01%, one bedroom rental prices have changed by 0.33%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in Simi Valley, CA?
A reasonable rent price in Simi Valley, CA is around $3,316/month. You can search for these reasonably priced rental listings on RentHop.
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