Last updated
Average Rent in Simi Valley 93063 & Rent Trends
Rent prices and market trends across 2 apartment communities in Simi Valley 93063, Simi Valley, CA. Updated daily.
Market Average
$2,623/mo
Lowest Available
$2,135/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
14
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Simi Valley 93063 vs Simi Valley, CA Average
Simi Valley 93063 is cheaper than the Simi Valley, CA average by $43/mo (2%). The citywide average is $2,666/mo across all neighborhoods.
Is Rent Going Up or Down in Simi Valley 93063?
As of October 2026, the average rent in Simi Valley 93063 is $2,623 per month across 2 apartment communities and 14 available units.
The most affordable option is Hidden Valley Apartment Homes starting at $2,135/mo. By unit type, a 1-bedroom averages $2,246/mo, a 2-bedroom averages $2,707/mo, a 3-bedroom averages $3,268/mo.
Prices range from $2,135 to $3,416 per month. The most common price point is the $2,200 range, where 5 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Simi Valley 93063
Rent Prices by Apartment in Simi Valley 93063
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Hidden Valley Apartment Homes | $2,135/mo | $2,631/mo | 10 | 3.6 |
| Indian Oaks Apartments | $2,250/mo | $2,602/mo | 4 | 4 |
Frequently Asked Questions About Rent in Simi Valley 93063
What is the average rent in Simi Valley 93063?
Is rent going up or down in Simi Valley 93063?
What is the cheapest apartment in Simi Valley 93063?
How much is a 1-bedroom apartment in Simi Valley 93063?
How many apartments are available in Simi Valley 93063?
What salary do I need to live comfortably in Simi Valley 93063?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$105,000/year
Based on the 30 percent rule, using our tracked average rent of $2,623/mo.
Comfortable income
$126,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,135/mo), you need to earn at least $85,000/year.
Median household income in Simi Valley 93063 is $117,703 , about 7% below the comfortable-living threshold.
Cost of living in Simi Valley 93063
Overall prices in Simi Valley 93063 runs above the national average by about 14% (BEA Regional Price Parity index 113.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Simi Valley 93063's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,623 |
| Utilities | $764 |
| Groceries | $567 |
| Transportation | $1,821 |
| Healthcare | $888 |
| Other goods and services | $1,421 |
| Estimated total | $8,083/mo |
Population
125,769
Median household income
$117,703
Census median rent
$2,513/mo
Census rent burden
37.6%
Median age
41.8
Mean commute
29 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Simi Valley 93063 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Simi Valley 93063 Apartments
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