ZIP Code · CA

ZIP 93063

Part of Simi Valley, CA

Pop. 55,066·Ventura County·337th most expensive ZIP in California

Median rent (all units)

$2,999/mo

Year-over-Year

+5.5%

Month-over-Month

+1.4%

vs US Median

+$1,067

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 93063 · $2,999

More expensive than 91% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

November. Asking rents in ZIP 93063 usually run 1.2% below trend in November and 1.1% above it in August, about $69 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 93063 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of California

Rent in ZIP 93063 changed +5.5% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($125,098) is $3,127 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($3,030); a 3-bedroom is $4,110.

Cheaper nearby

ZIP 91304, 7 miles away, rents for 28% less ($2,162/mo), about $10,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 93063. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$35,988/yr

At $2,999/mo median

Location

CitySimi Valley

StateCA

CountyVentura County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.5% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.5% YoY, +1.4% 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

$2,237 → $2,999

up 34.1%

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 $2,237 to $2,999, a 34.1% change over five years. Median household income rose from $101,509 to $125,098 between 2021 and 2024, a 23.2% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. 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: October 17, 2026

ZIP code 93063 covers Simi Valley, CA. The median rent here is $2,999/mo as of October 2026. A 1-bedroom rents for a median of $2,530/mo. A 2-bedroom rents for a median of $3,030/mo.

At 29% of local median household income ($125,098/yr), ZIP 93063 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.

FAQ

Frequently asked questions

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 $120,000/year (about $58/hour full-time) to afford the median rent of $2,999/mo in ZIP 93063. The local median household income is $125,098/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 93063?

Rent in ZIP 93063 has risen 5.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 93063?

Asking rents in ZIP 93063 are usually lowest in November, about 1.2% below their yearly trend, and highest in August, about 1.1% above it. At today's median that is a gap of roughly $69 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 93063 compare to other ZIPs in California?

ZIP 93063 is in the middle among California ZIP codes for rent, ranking #337 of 898 at $2,999/mo. Over the year to September 2026, rent in ZIP 93063 changed +5.5%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.