Low Income Apartments and Affordable Housing For Rent in Simi Valley, CA (2024)

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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

bed1-4

payment$805-1128/mo.

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

paymentIncome Based

accessibilityAccessible

Heywood Gardens

1770 Heywood St, Simi Valley, California 93065

accessibilityAccessible

Sorrento Villas Senior Apartments

415 Country Club Drive, Simi Valley, California 93065

switch_access_shortcutShort Wait

accessibilityAccessible

Camino Esperanza Apartments

384 Katherine Road, Simi Valley, California 93063

bed1

switch_access_shortcutShort Wait

accessibilityAccessible

Harmony Terrace

941 Sunset Garden Ln, Simi Valley, California 93065

bed1

switch_access_shortcutShort Wait

accessibilityAccessible

Seasons at Simi Valley

1662 Rory Ln, Simi Valley, California 93063

bed1-2

switch_access_shortcutShort Wait

accessibilityAccessible

Baywood Apartments

5377-5403 Cochran St, Simi Valley, California 93063

bed3

payment$3095/mo.

1654 Heywood St

1654 Heywood St, Simi Valley, California 93065

bed3

payment$3200/mo.

2062 Bigelow Ave

2062 Bigelow Ave, Simi Valley, California 93065

bed4

payment$3700/mo.

3162 Darby St

3162 Darby St, Simi Valley, California 93063

bed3

payment$3200/mo.

4577 Alamo St

4577 Alamo St, Simi Valley, California 93063

bed1

payment$2000/mo.

2312 Archwood Ln Unit 80

2312 Archwood Ln Unit 80, Simi Valley, California 93063

bed2

payment$2400/mo.

The Haven at Tapo Street

2245 Tapo St, Simi Valley, California 93063

switch_access_shortcutShort Wait

accessibilityAccessible

Vintage Paseo Senior Apartments

2970 Tapo Canyon Rd, Simi Valley, California 93063

switch_access_shortcutShort Wait

accessibilityAccessible

Las Serenas Apartments

2090 Yosemite Avenue, Simi Valley, California 93063

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

paymentIncome Based

accessibilityAccessible

Vintage at Sycamore

1698 Sycamore Dr., Simi Valley, California 93065

bed1

switch_access_shortcutShort Wait

real_estate_agentAccepts Vouchers

Many Mansions

1010 Ashland Ave, Simi Valley, California 93065

paymentSubsidized

accessible_forwardDisability

Cabrillo Economic Development Corp.

4299 Alamo St, Simi Valley, California 93063

switch_access_shortcutShort Wait

real_estate_agentAccepts 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.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

real_estate_agentNaturally Affordable

Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.

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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InSimi Valley, California

$45.72/hour

$29.72

(+186%) more thanCalifornia minimum wage and

$38.47

(+531%) more than the Federal minimum wage.

Learn More About Simi Valley, California AffordableHousing ↓

What HUD offices serve Simi Valley, California?

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

Area Housing Authority of the County of Ventura

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

Go to theCaliforniaPublic 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 haspeople living in households.

There are renters living inrenter households in thisCity. Renters make up 26.29percent of the population living in Simi Valley.

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

There are an estimated housing units in theSimi Valley area. Of these, units are rentalhomes, making up percent of the housing market. Forevery renter household in Simi Valley, California, there are1.08 rental units.

What is the vacancy rate for rentals in Simi Valley?

The rental vacancy rate in Simi Valley is 2 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

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

Occupied Rental Units by Size in Simi Valley
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
3132,8144,0553,0741,379

Occupied Rental Units by Size in Simi Valley

A large number of apartments in Simi Valley have two or fewer bedrooms. Seniors and youngprofessionalsespecially 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 - rangesfrom $1,725 to $3,867. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 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 FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio10734 percent
One BR86531 percent
Two BR38610 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 inSimi Valley, California including the following:

Federal ProgramUnit 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 andutilities.

Low Rent Apartments in Simi Valley, California

There are 898 rent subsidized apartments that do notprovide 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 holdercontributes $500 towards rent inSimi Valley.

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

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Report unemployment income to your housing agency.

All employment income is required to be reported for federal housing assistance - including unemployment income.

What Renters Say About Us

Judea I. Lawton says:

"Affordable Housing Online is a great resource for those needing housing."

Low Income Apartments and Affordable Housing For Rent in Simi Valley, CA (2024)
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