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Discover affordable housing in Simi Valley where there are 12+ 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.
4231 Alamo Street, Simi Valley, California 93063
bed1-4
payment$805-1128/mo.
415 Country Club Drive, Simi Valley, California 93065
1770 Heywood St, Simi Valley, California 93065
1662 Rory Ln, Simi Valley, California 93063
bed1-2
384 Katherine Road, Simi Valley, California 93063
bed1
941 Sunset Garden Ln, Simi Valley, California 93065
bed1
1698 Sycamore Dr., Simi Valley, California 93065
bed1
2245 Tapo St, Simi Valley, California 93063
2090 Yosemite Avenue, Simi Valley, California 93063
2970 Tapo Canyon Rd, Simi Valley, California 93063
1010 Ashland Ave, Simi Valley, California 93065
4299 Alamo St, Simi Valley, California 93063
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_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. |
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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InSimi Valley, California
$45.72/hour
(+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
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 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 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 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 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 inSimi Valley, California including the following: Rental units may be funded in part by multiple federal programs.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
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
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.
What Renters Say About Us
Celeste Law says:
"Affordable Housing Online is a great source of information, and is very helpful in answering questions about Section 8 and Public Housing."
