Simi Valley, CA housing market
Typical home value
$830K
▲ 0.2% 1 yr
Typical rent
$2,778/mo
▲ 3.1% 1 yr
Gross rent yield
4.0%
U.S. 6.3%
5-year home value change
+12%
U.S. +20%
Key takeaways
- 1The typical home in Simi Valley is worth $829,804, up 0.2% over the past year and up 12% over five years.
- 2Typical rent is $2,778 a month (+3.1% YoY), a gross rent yield of 4.0% (below the Oxnard, CA metro's 4.1%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $4,560/mo, $1,782 more than typical rent.
- 4Zillow forecasts the Oxnard, CA metro's home values to change 0.0% over the next 12 months.
Market temperature (Oxnard, CA metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 33/100, #391 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Simi Valley compares
| Measure | Simi Valley | Oxnard, CA metro | United States |
|---|---|---|---|
| Typical home value | $829,804 | $869,803 | $366,157 |
| Home value, 1-yr change | +0.2% | +1.1% | +1.2% |
| Typical rent | $2,778 | $2,955 | $1,932 |
| Rent, 1-yr change | +3.1% | +1.9% | +2.7% |
| Gross rent yield | 4.0% | 4.1% | 6.3% |
| Price-to-rent ratio | 24.9 | 24.5 | 15.8 |
| Mortgage P&I, typical home | $4,560 | $4,780 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Simi Valley rental, pre-filled.
Rent vs buy in Simi Valley
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $830K home.
Landlord in California? See California deposit, late fee and notice rules.
Other cities in the Oxnard, CA metro
Oxnard, CA
$758K home$2,894 rent
▲ 1.3% 1 yr
Thousand Oaks, CA
$1.03M home$3,357 rent
▲ 1.8% 1 yr
Ventura, CA
$886K home$2,898 rent
▲ 1.4% 1 yr
Camarillo, CA
$911K home$2,911 rent
▲ 1.7% 1 yr
Moorpark, CA
$933K home$3,289 rent
▲ 2.4% 1 yr
Port Hueneme, CA
$622K home$2,698 rent
▲ 1.3% 1 yr
Westlake Village, CA
$1.58M home$4,242 rent
▲ 4.2% 1 yr
Oak Park, CA
$1.12M home$2,914 rent
▲ 1.5% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.