Low Income Apartments and Affordable Housing For Rent in Simi Valley, CA

Discover affordable housing in Simi Valley where there are 18+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Plaza del Sol Apartments

4231 Alamo Street, Simi Valley, California 93063

bed 1-4
payment $805-1128/mo.
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Heywood Gardens

1770 Heywood St, Simi Valley, California 93065

accessibility Accessible

Sorrento Villas Senior Apartments

415 Country Club Drive, Simi Valley, California 93065

switch_access_shortcut Short Wait
accessibility Accessible

Camino Esperanza Apartments

384 Katherine Road, Simi Valley, California 93063

bed 1
switch_access_shortcut Short Wait
accessibility Accessible

Harmony Terrace

941 Sunset Garden Ln, Simi Valley, California 93065

bed 1
switch_access_shortcut Short Wait
accessibility Accessible

Seasons at Simi Valley

1662 Rory Ln, Simi Valley, California 93063

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Baywood Apartments

5377-5403 Cochran St, Simi Valley, California 93063

bed 3
payment $3095/mo.

1654 Heywood St

1654 Heywood St, Simi Valley, California 93065

bed 3
payment $3200/mo.

2062 Bigelow Ave

2062 Bigelow Ave, Simi Valley, California 93065

bed 4
payment $3700/mo.

3162 Darby St

3162 Darby St, Simi Valley, California 93063

bed 3
payment $3200/mo.

4577 Alamo St

4577 Alamo St, Simi Valley, California 93063

bed 1
payment $2000/mo.

2312 Archwood Ln Unit 80

2312 Archwood Ln Unit 80, Simi Valley, California 93063

bed 2
payment $2400/mo.

The Haven at Tapo Street

2245 Tapo St, Simi Valley, California 93063

switch_access_shortcut Short Wait
accessibility Accessible

Vintage Paseo Senior Apartments

2970 Tapo Canyon Rd, Simi Valley, California 93063

switch_access_shortcut Short Wait
accessibility Accessible

Las Serenas Apartments

2090 Yosemite Avenue, Simi Valley, California 93063

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Vintage at Sycamore

1698 Sycamore Dr., Simi Valley, California 93065

bed 1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Many Mansions

1010 Ashland Ave, Simi Valley, California 93065

payment Subsidized
accessible_forward Disability

Cabrillo Economic Development Corp.

4299 Alamo St, Simi Valley, California 93063

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Simi Valley, California

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Simi Valley, California
$45.72/hour
$29.72 (+186%) more than California minimum wage and $38.47 (+531%) more than the Federal minimum wage.
Learn More About Simi Valley, California Affordable Housing ↓

What HUD offices serve Simi Valley, California?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Simi Valley, California.

Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Simi Valley.

How many renters live in Simi Valley, California?

The City of Simi Valley has people living in households.

There are renters living in renter households in this City. Renters make up 26.29 percent of the population living in Simi Valley.

What is the rental market like in Simi Valley, California?

There are an estimated housing units in the Simi Valley area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Simi Valley, California, there are 1.08 rental units.

What is the vacancy rate for rentals in Simi Valley?

The rental vacancy rate in Simi Valley is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Simi Valley for each bedroom size?

Occupied Rental Units by Size in Simi Valley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
313 2,814 4,055 3,074 1,379
Occupied Rental Units by Size in Simi Valley

A large number of apartments in Simi Valley have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Simi Valley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,725 to $3,867. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,725
One BR $2,011
Two BR $2,414
Three BR $3,310
Four BR $3,867
2024 Fair Market Rents in Simi Valley, California

How many units are rented at Fair Market Rent (FMR) in Simi Valley?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 107 34 percent
One BR 865 31 percent
Two BR 386 10 percent
Rental Units Below FMR in Simi Valley, California

How many affordable rental units are in Simi Valley?

There are a variety of federal affordable housing programs serving households in Simi Valley, California including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Simi Valley, California

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Simi Valley, California

Simi Valley features 74 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Simi Valley, California

There are 898 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Simi Valley.

Housing Choice Vouchers in Simi Valley, California

On average, Section 8 Housing Choice vouchers pay Simi Valley landlords $1,100 per month towards rent. The average voucher holder contributes $500 towards rent in Simi Valley.

The maximum amount a voucher would pay on behalf of a low-income tenant in Simi Valley, California for a two-bedroom apartment is between $2,173 and $2,655.

Sourced from federal housing data and AffordableHousingOnline.com research.

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