Rent to own Homes in Simi Valley, CA

Simi Valley, California, is a middle to upper middle class residential community that also possesses a vibrant business community. The age of homes here ranges from tract homes built in the mid-twentieth century to new homes constructed within the last few years. Older homes enjoy larger lots and generous yards while newer homes may be larger in terms of square feet. Simi Valley, the city, is located in the valley of the same name. It is the final resting place of former President of the United States Ronald Reagan. His grave is at the Ronald Reagan Presidential Library.

Simi Valley, CA is a great place for affordable rent-to-own homes! With a median household income of over $99,245 and a median rent of $2,137, the Simi Valley, CA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Simi Valley, CA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Simi Valley, CA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
74 MAEGAN PL #8
Rent To Own
 
Townhouse/Condo
Thousand Oaks, CA 91362
3
3
1200 ft2
1985
Hot
5504 FALLBROOK AVE
Rent To Own
Woodland Hills
Single Family Home
Woodland Hills, CA 91367
4
2
2100 ft2
1948
6455 GEYSER AVE
Rent To Own
Reseda
Single Family Home
Reseda, CA 91335
4
2
1200 ft2
1954
18645 HATTERAS ST #244
Rent To Own
Tarzana
Townhouse/Condo
Tarzana, CA 91356
2
1
830 ft2
1973
5460 WHITE OAK AVE #A227
Rent To Own
Encino
Townhouse/Condo
Encino, CA 91316
1
1
683 ft2
1971
5427 ENCINO AVE
Rent To Own
Encino
Single Family Home
Encino, CA 91316
5
7
5846 ft2
1990
4533 ESTRONDO DR
Rent To Own
Encino
Single Family Home
Encino, CA 91436
6
9
7317 ft2
1961
23910 DE VILLE WAY #C
Rent To Own
Eastern Malibu
Townhouse/Condo
Malibu, CA 90265
2
2
1470 ft2
1965
6219 FRONDOSA DR
Rent To Own
Western Malibu
Single Family Home
Malibu, CA 90265
4
3
2659 ft2
1962
17734 PORTO MARINA WAY
Rent To Own
Castellammare
Single Family Home
Pacific Palisades, CA 90272
2
2
1189 ft2
1952
626 SIENA WAY
Rent To Own
Bel Air
Single Family Home
Los Angeles, CA 90077
5
8
7266 ft2
1938
1101 S BUNDY DR
Rent To Own
West Los Angeles
Single Family Home
Los Angeles, CA 90049
6
9
5846 ft2
2012
6544 SAINT CLAIR AVE
Rent To Own
North Hollywood
Single Family Home
North Hollywood, CA 91606
4
2
1383 ft2
1947
10475 ASHTON AVE #204
Rent To Own
Westwood
Townhouse/Condo
Los Angeles, CA 90024
2
3
1519 ft2
1987
1 of 23 8755 SKYLINE DR
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90046
4
4
4428 ft2
2000
11038 Camarillo St
Rent To Own
Valley Village
Townhouse/Condo
Toluca Lake, CA 91602
1
1
678 ft2
1991
10700 CUSHDON AVE
Rent To Own
West Los Angeles
Single Family Home
Los Angeles, CA 90064
5
5
4116 ft2
1944
8954 Saint Ives Dr
Rent To Own
West Hollywood
Single Family Home
West Hollywood, CA 90069
5
6
4250 ft2
1939
1911 Sunset Plaza Dr
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90069
4
6
4800 ft2
2021
4140 GLENCOE AVE #516
Rent To Own
Marina Del Ray
Townhouse/Condo
Marina Del Rey, CA 90292
2
3
2000 ft2
2016
3366 CHARLESTON WAY
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
4
3
2813 ft2
1937
3751 DELMAS TER
Rent To Own
Palms
Townhouse/Condo
Los Angeles, CA 90034
4
2
2034 ft2
1914
1 of 3 8940 KRAMERWOOD PL
Rent To Own
Beverlywood
Single Family Home
Los Angeles, CA 90034
4
2
2198 ft2
1942
New
6728 HILLPARK DR #507
Rent To Own
Hollywood Hills
Townhouse/Condo
Los Angeles, CA 90068
2
2
1000 ft2
1966
1351 Orange St
Rent To Own
Hollywood
Single Family Home
Los Angeles, CA 90028
1
1
771 ft2
1977
1351 Orange St #221
Rent To Own
Hollywood
Single Family Home
Los Angeles, CA 90028
1
1
771 ft2
1977
2733 BELDEN DR
Rent To Own
Hollywood Hills
Single Family Home
Los Angeles, CA 90068
3
4
2299 ft2
2011
10008 Silverton Ave
Rent To Own
Tujunga
Single Family Home
Tujunga, CA 91042
3
2
1200 ft2
1950
421 S LA FAYETTE PARK PL #510
Rent To Own
Westlake
Townhouse/Condo
Los Angeles, CA 90057
2
2
1025 ft2
1971
3121 W 133RD ST
Rent To Own
East Hawthorne
Single Family Home
Hawthorne, CA 90250
3
1
1308 ft2
1940
1 of 76 3711 Baldwin St
Rent To Own
Montecito Heights
Townhouse/Condo
Los Angeles, CA 90031
2
2
1145 ft2
2008
1409 VIA ARCO
Rent To Own
 
Single Family Home
Palos Verdes Estates, CA 90274
5
7
6258 ft2
1970
1 of 88 4287 EILEEN ST
Rent to Own Eligible
Simi Valley
Single Family Home
Simi Valley, CA 93063
3
2
1097 ft2
1961
4120 PAREDO WAY #C
Rent to Own Eligible
Simi Valley
Townhouse/Condo
Simi Valley, CA 93063
3
3
1746 ft2
2005
New
4472 Lubbock Dr
Rent to Own Eligible
Simi Valley
Townhouse/Condo
Simi Valley, CA 93063
3
3
1537 ft2
1980
New
2087 CUSHMAN CT
Rent to Own Eligible
Simi Valley
Single Family Home
Simi Valley, CA 93063
4
3
2785 ft2
1981
1 of 56 240 Country Club Dr
Rent to Own Eligible
Simi Valley
Townhouse/Condo
Simi Valley, CA 93065
2
3
1579 ft2
1989
1 of 31 2155 STONEMAN ST
Rent to Own Eligible
Simi Valley Town Center
Single Family Home
Simi Valley, CA 93065
4
3
2028 ft2
1976
1 of 70 2241 CENTURY PL
Rent to Own Eligible
Simi Valley
Single Family Home
Simi Valley, CA 93063
3
2
1462 ft2
1970
New
1253 TIVOLI LN #30
Rent to Own Eligible
Simi Valley Town Center
Townhouse/Condo
Simi Valley, CA 93065
1
1
881 ft2
1985
1 of 146 3210 DARBY ST #102
Rent to Own Eligible
Simi Valley
Townhouse/Condo
Simi Valley, CA 93063
2
1
1114 ft2
1981
1 of 25 2368 Archwood Ln
Rent to Own Eligible
Simi Valley
Townhouse/Condo
Simi Valley, CA 93063
2
1
843 ft2
1986
1 of 34 1617 KAY AVE
Rent to Own Eligible
Simi Valley
Single Family Home
Simi Valley, CA 93063
4
2
1446 ft2
1962
1 of 15 2990 ROSETTE ST
Rent to Own Eligible
Simi Valley
Single Family Home
Simi Valley, CA 93065
3
2
1244 ft2
1964
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Buying a Home in Simi Valley, CA

Simi Valley, CA is seeing rapid growth and Simi Valley, CA's' housing market remains not optimal with an average home price that is 182% above the 2024 national average. Simi Valley, CA is part of Ventura county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Ventura is 0.59% which is below the national average, which is 0.99%.

Median Home Price in Simi Valley, CA

Median Rent in Simi Valley, CA

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Simi Valley CA

Simi Valley Housing Statistics Simi Valley has a total of 37,330 homes and condominium units to house its population. Of these, 28,306 are owner occupied, and 8,172 are renter occupied. In 2010, the estimated median home/condo value was $473,985. The median value in Simi Valley is $68,185 higher than for the entire state. There are 6,396 renter occupied apartments in Simi Valley, making it a great place to think about rent to own homes. The average median rent for a two bedroom and two-bath apartment is $1,551. Folks living here tend to stay put. 53% of Simi Valley residents lived in the same house for the past 5 years.

Simi Valley School Systems The Simi Valley public school system is called Simi Valley Unified. It is a typical kindergarten through twelfth grade school system. Enrollment is 21,137 students in 30 schools. The breakdown is:

Largest Employers and Industries Simi Valley has over 13,000 businesses registered to operate in the city. Most are small retail shops, restaurants, and service businesses such as dry cleaners. The following table illustrates some of the top employers in Simi Valley.

Neighborhoods Like many California cities, Simi Valley has neighborhoods scattered throughout the city. Most are named subdivisions. However, Simi Valley has two large planned developments.