Home prices
The median home in Simi Valley is valued at $584,900. Compared to other places in this area it is about $252,640 (30%) lower.In comparison to the nation as a whole it is roughly $367,400 (168%) higher, and compared to the city of Los Angeles it is roughly $52,000 (8%) lower.
Rents
In Simi Valley the median rent is $2,023 a month. Compared to its nearby areas this is roughly $183 (8%) lower.It is roughly $961 (90%) higher in comparison to the entire country, and is approximately $573 (39%) higher compared to the city of Los Angeles.
Nearby places
Santa Susana
Santa Susana is Simi Valley's neighbor to the east. Housing prices there are fairly similar. The median home value in Santa Susana is $588,000, which is very similar to Simi Valley. Its rents are a lot less expensive. Santa Susana's median monthly rent is $1,470, which is $553 (37%) lower than Simi Valley.
Moorpark
Moorpark is Simi Valley's neighbor to the west. Its housing prices are a little more expensive. Moorpark's median home value is $632,900, which works out to $48,000 (7%) higher than Simi Valley. Rents there are fairly similar. Moorpark's median monthly rent is $2,052, which comes out to $29 (1%) higher than Simi Valley.
Thousand Oaks
Thousand Oaks is Simi Valley's neighbor to the southwest. The housing prices there are a bit more expensive. The median home in Thousand Oaks is valued at $726,100, which comes out to $141,200 (19%) higher than Simi Valley. Rents there are similar. Thousand Oaks's median monthly rent is $2,101, which is $78 (3%) higher than Simi Valley.
Bell Canyon
Bell Canyon is approximately 5 miles southeast of Simi Valley. Real estate prices there are significantly more expensive. The cost of the median home in Bell Canyon is $1,480,500, which works out to $895,600 (60%) higher than Simi Valley. Rent there is somewhat more expensive. In Bell Canyon the median monthly rent is $2,917, which comes out to $894 (30%) higher than Simi Valley.
Oak Park
Oak Park is approximately 6 miles south of Simi Valley. The housing prices there are a little more expensive. The median home in Oak Park costs $760,200, which is $175,300 (23%) higher than Simi Valley. Its rents are somewhat more expensive. Oak Park's median monthly rent is $2,489, which comes out to $466 (18%) higher than Simi Valley.
