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ZIP Code · CA

ZIP 93063

Pop. 55,066·Ventura County·434th most expensive ZIP in California
Median rent (all units)
$2,823/mo
Year-over-Year
-5.1%
Month-over-Month
-5.7%
vs US Median
+$858
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 93063 · $2,823
More expensive than 87% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,250
1 BR
$2,530
2 BR
$3,030
3 BR
$4,110
4 BR+
$4,770
Research median
$3,030/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$33,876/yr
At $2,823/mo median
Location
StateCA
CountyVentura County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.1% YoY, -5.7% MoM), not inventory.
Demographics

Who lives here

ZIP 93063 (Simi Valley, CA) is majority owner-occupied, has a median income above the national average, 37.2% of residents hold a bachelor's degree or higher.

Population
55,066
Median income
$125,098
Median age
43.2
Renters
26.2%
Age distribution
18.5%
21.2%
26.6%
15.7%
17.9%
Under 1818.5%
18–3421.2%
35–5426.6%
55–6415.7%
65+17.9%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
57.9%
27.5%
White57.9%
Black1.7%
Hispanic27.5%
Asian10.9%
Other2%
Education (25+)
19.8%
33.4%
37.2%
No HS diploma9.6%
HS diploma19.8%
Some college33.4%
Bachelor's+37.2%
Housing tenure
73.8%
26.2%
Owner73.8%
Renter26.2%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 93063 in Simi Valley, CA has changed in 5 years

Rent
$2,311 → $2,823
up 22.2%
Income
$101,509 → $125,098
up 23.2%
Population
56,198 → 55,066
down 2.0%
Renter share
30.2% → 26.2%
-4.0 pts
Bachelor's+
32.7% → 37.2%
+4.5 pts
Median age
42.2 → 43.2
+1.0 yrs

Since 2021, the typical rent in ZIP 93063 in Simi Valley, CA has climbed from $2,311 to $2,823, a 22.2% change over five years. Median household income rose from $101,509 to $125,098 between 2021 and 2024, a 23.2% shift. The population has contracted by 2.0% since 2021, moving from about 56,198 residents to roughly 55,066. Renters now make up 26.2% of households, compared with 30.2% five years ago. College-educated residents now make up 37.2% of adults here, versus 32.7% in 2021. Taken together, the five-year picture in ZIP 93063 in Simi Valley, CA reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 93063

Last updated: July 20, 2026

ZIP code 93063 covers Simi Valley, CA. The median rent here is $2,823/mo as of July 2026. A 1-bedroom rents for a median of $2,530/mo. A 2-bedroom rents for a median of $3,030/mo.

At 27% of local median household income ($125,098/yr), ZIP 93063 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 93063?

As of July 20, 2026, the median monthly rent in ZIP 93063 (Simi Valley, CA) is $2,823. This is based on aggregated data from public sources and community submissions.

How does ZIP 93063 rent compare to the US average?

ZIP 93063's median rent of $2,823/mo is $858 (44%) above the US national median of $1,965/mo.

How does ZIP 93063 compare to other ZIPs in California?

ZIP 93063 falls in the middle range for California, ranking #434 out of 907 ZIPs at $2,823/mo.

How much income do you need to rent in ZIP 93063?

To keep rent at or below 30% of gross income, you would need to earn at least $113,000/year (~$54/hour full-time) to afford the median rent of $2,823/mo in ZIP 93063. The local median household income is $125,098/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 93063?

Rent in ZIP 93063 has decreased 5.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 93063 an affordable place to rent?

ZIP 93063 is considered affordable for renters. At $2,823/mo, rent takes approximately 27% of the local median household income ($125,098/yr). The standard benchmark is 30%. ZIP 93063 falls comfortably within that range.

What percentage of ZIP 93063 residents rent vs. own?

According to Census data, approximately 26.2% of ZIP 93063 households are renters, while 73.8% are owner-occupied. ZIP 93063 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 93063 compare to the rest of Simi Valley?

ZIP 93063 is pricier than Simi Valley as a whole. At $2,823/mo, it's $106 above the Simi Valley citywide median of $2,717/mo.

When was rent data for ZIP 93063 last updated?

Rent data for ZIP 93063 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,823/mo, rent takes ~27% of ZIP 93063's median household income ($125,098/yr). The standard benchmark is 30%.

ZIP 93063 27%Benchmark 30%
State income tax1–13.3%
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Public schools near ZIP 93063 (Simi Valley, CA)

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