Cheap Apartments for Rent in Chico, CA from $450 (148 Rentals)

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Search the lowest-cost Apartments available for rent right now in Chico.

property at 618 Rancheria Dr
$975 - $995
2 Bedroom Rentals
Available Now
Affordability

618 Rancheria Dr

ChicoCA95926

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Chico, CA Local Guide

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Cheapest Neighborhoods for Apartments in Chico, CA

Pricing Updated: 09/06/2026

Current apartment rentals in the Chico, CA area range in price from $450 to $3,900 with an overall median price of $1,345. Here is today’s list neighborhoods with the lowest median pricing for Chico Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Chico$1,345$45080

Cheapest Available Chico Apartments for Rent

 

The cheapest available apartment rental in Chico, CA is a 1 Bed unit found at 418 Hazel St in the Downtown Chico neighborhood priced from $690. 0632 - The Boardwalk Townhomes in the Downtown Chico neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $695. Here is today’s list of the most affordable Chico apartments for rent:

Apartment ListingModel NameBed/BathPriced From
418 Hazel St1/11BR,1BA$690
0632 - The Boardwalk TownhomesBedroom A3BR,3BA$695
The Social Chico®3x1 House - Apartments3BR,1BA$719
Tonea Senior Housing1 Bedroom 1 Bathroom1BR,1BA$835
Parkside TerraceThe Birch2BR,2BA$923
618 Rancheria Dr.2BR/1.0BA2BR,1BA$975
034 - Westwood Trees1BR/1.0BA1BR,1BA$1,050
0674 - 372/374 Rio Lindo AveTwo Bedroom2BR,1BA$1,050
Senior Apartments at B20Two Bedroom2BR,2BA$1,090
Phoenix Apartments1 Bed 1 Bath1BR,1BA$1,145

Best Value Apartments for Rent in Chico, CA

As of September 06, 2026 the best value apartment in the Chico area is the $1.00 price per square foot Remodeled Three Bedroom Model at 648 W 2nd Ave in the in the Downtown Chico neighborhood starting from $1,495. The second greatest value Chico apartment is the Reserve Now for Fall 2026 / 1207 W Sacramento/ ... Model at 1207wsac starting at $1,785 with a $1.19 price per square foot in the Downtown Chico neighborhood. Here is today’s list of the best values for Chico apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
648 W 2nd AveRemodeled Three Bedroom3BR,2BA$1.00
1207wsacReserve Now for Fall 2026 / 1207 W Sacramento/ ...4BR,2BA$1.19
Regency Townhomes4 Bedroom 2 Bath4BR,2BA$1.14
College Place ApartmentsAvailable Now! New Rate, Plus a $400 New Lease ...4BR,2BA$1.21
The Loft Apartments3 X 1.53BR,1.5BA$1.12
418 Hazel St1/11BR,1BA$0.53
The Social Chico®4x2 - Apartments4BR,2BA$0.67
Phoenix Apartments1 Bed 1 Bath1BR,1BA$1.15
Parkside TerraceThe Birch2BR,2BA$0.95
Campus WalkB32BR,2BA$0.76

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Chico Overview

The city of Chico sits at the North-Eastern extreme of the Sacramento Valley in California, between the Sierra Nevada mountain range and the Sacramento River.

Why live in Chico, CA?

There is plenty of adventure to get out and enjoy in Chico making it a great destination in which to find your next apartment and build your nest.

Chico, CA
Population: 94,776

Ranked #337

in US Census Population by City

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Best Local Schools in
Chico, CA

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chico, CA Rentals by Map

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See the most popular apartments and homes in Chico, CA

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Frequently Asked Questions about Cheap Chico Apartments

What is the price of a cheap apartment in Chico?

The cheapest apartment in Chico is 418 Hazel St which is listed at $690, while the average apartment in Chico costs $1,345.

What types of apartments are the cheapest in Chico?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 28 regular apartments in Chico that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Chico?

Cheap apartments in Chico have an average cost of $596 which is $749 cheaper than the average rent for all rentals in Chico.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.