ZIP Code · CA

ZIP 93065

Pop. 73,534·Ventura County·501st most expensive ZIP in California
Median rent (all units)
$2,716/mo
Year-over-Year
+2.3%
Month-over-Month
+0.6%
vs US Median
+$784
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 93065 · $2,716
More expensive than 85% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$2,460
1 BR
$2,770
2 BR
$3,320
3 BR
$4,500
4 BR+
$5,230
Research median
$3,320/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

Compared with the peak

Rent in ZIP 93065 is at its highest level since Zillow's records here began in March 2022.

Past year vs. the rest of California

Rent in ZIP 93065 changed +2.3% over the year to September 2026. Across the 819 California ZIP codes Zillow tracks, the typical change was +3.2%.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($120,519) is $3,013 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,770); a 2-bedroom is $3,320.

Cheaper nearby

ZIP 91304, 8 miles away, rents for 20% less ($2,162/mo), about $6,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 93065. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$32,592/yr
At $2,716/mo median
Location
StateCA
CountyVentura County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.3% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 93065 (Simi Valley, CA) is majority owner-occupied, has a median income above the national average, 40.4% of residents hold a bachelor's degree or higher.

Population
73,534
Median income
$120,519
Median age
41.5
Renters
27%
Age distribution
20.3%
21.9%
27.3%
13.7%
16.9%
Under 1820.3%
18–3421.9%
35–5427.3%
55–6413.7%
65+16.9%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
59.3%
29.2%
White59.3%
Black1%
Hispanic29.2%
Asian10%
Other0.5%
Education (25+)
17.6%
32.9%
40.4%
No HS diploma9%
HS diploma17.6%
Some college32.9%
Bachelor's+40.4%
Housing tenure
73%
27%
Owner73%
Renter27%

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

2022 vs 2026

How ZIP 93065 in Simi Valley, CA has changed in 5 years

Rent
$2,457 → $2,716
up 10.5%
Income
$102,654 → $120,519
up 17.4%
Population
72,991 → 73,534
up 0.7%
Renter share
27% → 27%
+0.0 pts
Bachelor's+
36% → 40.4%
+4.4 pts
Median age
40.6 → 41.5
+0.9 yrs

Five years ago, renters in ZIP 93065 in Simi Valley, CA paid around $2,457 a month. That figure now sits near $2,716, up 10.5% from the 2022 baseline. Median household income climbed from $102,654 to $120,519 between 2021 and 2024, a 17.4% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Bachelor's-degree-or-higher attainment moved from 36% to 40.4% across the same window. Taken together, the five-year picture in ZIP 93065 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 93065

Last updated: October 17, 2026

ZIP code 93065 covers Simi Valley, CA. The median rent here is $2,716/mo as of October 2026. A 1-bedroom rents for a median of $2,770/mo. A 2-bedroom rents for a median of $3,320/mo.

At 27% of local median household income ($120,519/yr), ZIP 93065 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 93065?

To keep rent at or below 30% of gross income, you would need to earn at least $109,000/year (about $52/hour full-time) to afford the median rent of $2,716/mo in ZIP 93065. The local median household income is $120,519/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 93065?

Rent in ZIP 93065 has risen 2.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2022.

How does ZIP 93065 compare to other ZIPs in California?

ZIP 93065 is in the middle among California ZIP codes for rent, ranking #501 of 898 at $2,716/mo. Over the year to September 2026, rent in ZIP 93065 changed +2.3%, against a typical +3.2% across the 819 California ZIP codes Zillow tracks.

How does ZIP 93065 compare to the rest of Simi Valley?

At $2,716/mo, ZIP 93065 is $62 below the Simi Valley citywide median of $2,778/mo.
Income Affordability
27%
AFFORDABLE

At $2,716/mo, rent takes ~27% of ZIP 93065's median household income ($120,519/yr). The standard benchmark is 30%.

ZIP 93065 27%Benchmark 30%
State income tax1–13.3%
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Schools nearby

Public schools near ZIP 93065 (Simi Valley, CA)

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