City · 125,634 residents · Ventura County, California
Simi Valley, California
In Simi Valley, a typical home is worth $823,800 and typical rent is $2,579 a month. Compared with all of Ventura County, typical rent is 11% higher, typical household income is 11% higher, and the share of households that own their home is 8 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $737,607 to $829,804.
Typical rent
$2,778a month
▲ 3.1% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $2,378 to $2,778.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Simi Valley is in Ventura County. The FHA loan limit ($1,035,000 for a one-unit home), the fair market rents and the help on this page are those of all of Ventura County. See the county
What this place has that others do not, from public data, most unusual first.
1
73% of households in Simi Valley own their home, against 65% in Ventura County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Simi Valley
What homes there are in Simi Valley, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Simi Valley
Ventura County
California
United States
Kind of home: Simi Valley and its comparisons
Measure
Simi Valley
Ventura County
California
United States
Detached house
71%
63%
57%
61%
Attached house
8%
11%
7%
6%
Building of 2 to 4
6%
6%
8%
8%
Apartments (5 or more)
13%
16%
24%
19%
Mobile home
2%
4%
4%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In Simi Valley, 7 in 10 homes are single-family detached houses; in Ventura County, 6.
Year built
Before 19601960–19791980–19992000–20092010 or later
Simi Valley
Ventura County
California
United States
Year built: Simi Valley and its comparisons
Measure
Simi Valley
Ventura County
California
United States
Before 1960
5%
15%
27%
26%
1960–1979
45%
41%
29%
24%
1980–1999
34%
28%
25%
25%
2000–2009
11%
11%
11%
14%
2010 or later
5%
6%
8%
11%
By age, homes in Simi Valley look like those in Ventura County: the typical year built is 1980.
Homes in Simi Valley are bigger: 74% have 3 bedrooms or more; in Ventura County, 65%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K3%
$100K–$200K1%
$200K–$300KUnreliable
$300K–$500K5%
$500K–$750K27%
$750K–$1M42%
$1M or more20%
Value of owner-occupied homes: Simi Valley and its comparisons
Measure
Simi Valley
Under $100K
3%
$100K–$200K
1%
$200K–$300K
Unreliable estimate
$300K–$500K
5%
$500K–$750K
27%
$750K–$1M
42%
$1M or more
20%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$9995%
$1,000–$1,4996%
$1,500–$1,99910%
$2,000–$2,49925%
$2,500–$2,99923%
$3,000 or more30%
Monthly rent with utilities: Simi Valley and its comparisons
Measure
Simi Valley
Under $500
Unreliable estimate
$500–$999
5%
$1,000–$1,499
6%
$1,500–$1,999
10%
$2,000–$2,499
25%
$2,500–$2,999
23%
$3,000 or more
30%
With a mortgage
$3,195 a month
Ventura County: $3,105 a month
Without a mortgage
$861 a month
Ventura County: $847 a month
Owners with a mortgage
73%
Ventura County: 69%
The typical cost for an owner with a mortgage in Simi Valley is $3,195 a month, near the figure in Ventura County ($3,105).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Simi Valley+41%
Ventura County+40%
California+46%
United States+53%
Typical rent
Simi Valley+28%
Ventura County+31%
California+36%
United States+33%
Typical household income
Simi Valley+23%
Ventura County+25%
California+32%
United States+29%
Change since 2015–2019: Simi Valley and its comparisons
Measure
Simi Valley
Ventura County
California
United States
Typical home value
+41%
+40%
+46%
+53%
Typical rent
+28%
+31%
+36%
+33%
Typical household income
+23%
+25%
+32%
+29%
The typical home value in Simi Valley rose 41% since 2015–2019, about the same as in Ventura County (40%).
Rents in Simi Valley rose at about the same pace as in Ventura County: 28% since 2015–2019, against 31%.
Housing prices ran ahead of income in Simi Valley: typical income rose 23%, against +41% for home values and +28% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Simi Valley and its comparisons
Measure
Simi Valley
Ventura County
California
United States
Rental vacancy
Unreliable estimate
3.8%
4.2%
5.5%
Homeowner vacancy
Unreliable estimate
0.5%
0.8%
0.9%
More than one person per room
3.6%
7.0%
8.2%
3.4%
People per household
2.80
2.94
2.84
2.53
Drive alone
70%
70%
66%
69%
Carpool
8%
10%
10%
9%
Public transit
Unreliable estimate
1%
3%
3%
Walk or bike
1%
2%
3%
3%
Work from home
19%
16%
17%
15%
Other means
1%
1%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Fewer households are short on space in Simi Valley: 3.6% have more than one person per room; in Ventura County, 7.0%.
By size, households in Simi Valley look like those in Ventura County: 2.80 people on average.
In Simi Valley, 19% of workers work from home, more than in Ventura County (16%).
Do the math
What would you pay each month for a home in Simi Valley?
A typical home costs more than the typical income allows
We start with a typical home in Simi Valley, worth $823,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 66% of the typical household income in Simi Valley, which is $122,081 a year. For that payment to be 28% of income, a household would need to earn about $286,057 a year.
The calculator's FHA and conventional loan limits are those of all of Ventura County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Simi Valley. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $28,833 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$6,675
at 7.18% · 30 years
Loan amount
$808,879
Total interest
$1,163,787
Paid off in
November 2056
Includes $13,912 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,849 a month
Tight
$2,849 to $3,662 a month
Hard
more than $3,662 a month
Your payment · 66%
Compared with the typical household income in Simi Valley ($122,081 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$5,480
Property tax
$487
Home insurance
$343
FHA mortgage insurance (MIP)
$364
You need at least $28,833 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $6,675; principal and interest $5,480.
The city and its county
Simi Valley and Ventura County
Simi Valley is in Ventura County, California. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Simi Valley
Map of Ventura County, California, with Simi Valley marked. Around it, the neighboring counties.
Simi Valley
Ventura County
Other cities with a page
Simi Valley's own numbers
Typical home value
$823,800
Typical monthly rent
$2,579
Typical yearly household income
$122,081
Households that own their home
73%
Effective property tax rate
0.71%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Ventura County
FHA limit, one-unit home
$1,035,000
Conventional limit, one unit
$1,035,000
HUD fair market rent, 2 bedrooms
$2,424
Price change over 5 years (FHFA)
+44%
Homes in a high flood-risk zone
3.2%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Ventura County.
A typical home in Simi Valley is worth $823,800: about the same as the county and 12% above California. With the typical household income in Simi Valley ($122,081 a year), a typical home costs 6.7 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Simi Valley6.7 years
Ventura7.5 years
California7.4 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Ventura County
According to FHFA’s house price index, home prices in Ventura County rose 78% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Ventura County.
Yearly change in FHFA’s price index in Ventura County, 2016 to 2025
2016: +6.6% +6.6% 2016
2017: +5.3% +5.3% 2017
2018: +4.4% +4.4% 2018
2019: +2.9% +2.9% 2019
2020: +2.3% +2.3% 2020
2021: +11.3% +11.3% 2021
2022: +15.4% +15.4% 2022
2023: +4.1% +4.1% 2023
2024: +5.7% +5.7% 2024
2025: +2.0% +2.0% 2025
Change in FHFA’s price index in Ventura County, California and the United States
Period
County
California
U.S.
Last year (2025)
+2.0%
+0.8%
+2.9%
5 years (2020–2025)
+44%
+40%
+47%
10 years (2015–2025)
+78%
+80%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Simi Valley next to Ventura County, California and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Simi Valley$823,800
Ventura$822,700
California$734,700
United States$332,700
Typical monthly rent
Simi Valley$2,579
Ventura$2,317
California$2,036
United States$1,413
Typical yearly household income
Simi Valley$122,081
Ventura$109,797
California$99,122
United States$80,734
See the full table
Simi Valley next to Ventura County and California
Measure
Simi Valley
Ventura County
California
U.S.
Typical home value
$823,800
$822,700
$734,700
$332,700
Typical monthly rent
$2,579 ▲11% above the county
$2,317
$2,036
$1,413
Typical yearly household income
$122,081 ▲11% above the county
$109,797
$99,122
$80,734
Households that own their home
73% ▲8 points above the county
65%
56%
65%
Typical yearly property tax
$5,851 ▲5% above the county
$5,574
$5,124
$3,119
Effective property tax rate
0.71% ▲0.03 points above the county
0.68%
0.7%
0.94%
Renters with high rent for their income
64% ▲5 points above the county
59%
55%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Ventura County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Simi Valley
For a typical $823,800 home in Simi Valley, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Simi Valley's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$6,675a month
Least cash to close
Down payment
$28,833
Cash to close
$53,547
Rate
7.18%
Mortgage insurance
FHA MIP · $364
Conventional, 5% down$6,524a month
Down payment
$41,190
Cash to close
$65,904
Rate
7.18%
Mortgage insurance
PMI · $391
Conventional, 20% down, no PMI$5,295a month
Down payment
$164,760
Cash to close
$189,474
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$6,057a month
Down payment
$123,570
Cash to close
$148,284
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Simi Valley
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$6,675
$28,833
$808,879
7.18%
FHA MIP · $364
$53,547
580
Conventional, 5% down
$6,524
$41,190
$782,610
7.18%
PMI · $391
$65,904
620*
Conventional, 20% down, no PMI
$5,295
$164,760
$659,040
7.18%
None
$189,474
620*
ITIN, 15% down (example)
$6,057
$123,570
$700,230
8.18%
None
$148,284
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Simi Valley is $2,579 a month: 11% above the county. In Simi Valley, 64% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Ventura County, by unit size. To pay the 2-bedroom one ($2,424 a month) without spending more than 30% of your income, you would need to earn $46.62 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Ventura County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,827
$35.13
$73,080
1 bedroom
$2,035
$39.13
$81,400
2 bedrooms
$2,424
$46.62
$96,960
3 bedrooms
$3,287
$63.21
$131,480
4 bedrooms
$3,816
$73.38
$152,640
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Simi Valley
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Simi Valley has 2 ZIP codes with their own.
For 2 bedrooms it runs from $2,730 in 93063 to $2,990 in 93065.
2 of the 2 are above the fair market rent for Ventura County ($2,424).
Fair market rent by ZIP code and size in Simi Valley, fiscal year 2027.
93063
$2,050
$2,290
$2,730
$3,700
$4,300
93065
$2,220
$2,500
$2,990
$4,050
$4,710
ZIP code2 bd3 bd
93063 $2,730$3,700
93065 $2,990$4,050
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Simi Valley when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 11 buildings with rents for lower incomes in Simi Valley. These are the largest.
Vintage Paseo Senior Apts2970 Tapo Canyon Rd, Simi Valley 93063176 homes, 175 low-income · 1 bd: 93 · 2 bd: 83 · In service since 2004 · For older adults
Sorrento Villas415 Country Club Dr, Simi Valley 93065148 low-income homes · 1 bd: 126 · 2 bd: 22 · In service since 1999 · For older adults
Harmony Terrace941 Sunset Garden Ln, Simi Valley 93065136 homes, 134 low-income · 1 bd: 111 · 2 bd: 25 · In service since 1999 · For older adults
Las Serenas Senior Apts2090 Yosemite Ave, Simi Valley 93063108 homes, 107 low-income · 1 bd: 96 · 2 bd: 12 · In service since 2011 · For older adults
Heywood Gardens1770 Heywood St, Simi Valley 9306574 low-income homes · For older adults(805) 583-8464
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Ventura County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Simi Valley or Ventura County. The ones below are statewide in California: they work in Simi Valley the same as in the rest of the state.
CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers in California.Offered by California Housing Finance Agency (CalHFA).
CalHFA down payment loan for first-generation buyers in California; when you sell, you repay the loan plus a share of the home's appreciation.Offered by California Housing Finance Agency (CalHFA).
CalHFA second loan with deferred payments for the down payment or closing costs of first-time buyers who use the CalPLUS Access mortgage (FHA or conventional).Offered by California Housing Finance Agency (CalHFA).
No legal help resource on our list is for Simi Valley or Ventura County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Simi Valley and all of Ventura County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Simi Valley?
The typical home value in Simi Valley is $823,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Ventura County it is $822,700.
How much does it cost to rent in Simi Valley?
Typical rent in Simi Valley is $2,579 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Ventura County is $2,424.
What is the FHA loan limit in Simi Valley?
Simi Valley uses the FHA limit for all of Ventura County (2026): $1,035,000 for a one-unit home and $1,990,450 for a four-unit home.
How much property tax do owners pay in Simi Valley?
The typical homeowner in Simi Valley pays $5,851 a year, according to the U.S. Census Bureau. That is 0.71% of the home’s value; in Ventura County, the rate is 0.68%.
Where can I find free help to buy or rent in Simi Valley?
There are 2 HUD-approved counseling agencies with an office in Ventura County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
