Cheap Apartments for Rent in Chico, CA from $300 (143 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1050 E 8th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

Studio, 1 Bath Home for Rent

Available Now

1050 E 8th St

ChicoCA95928

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 1211 Laburnum Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available May 1

1211 Laburnum Ave

ChicoCA95926

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Chico, CA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Chico, CA

Pricing Updated: 04/23/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Chico$3,100$76514

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. Redwood Cove Apartments in the Downtown Chico neighborhood has the second lowest priced unit, which is a 4 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 St1/51BR,5BA$690
Redwood Cove ApartmentsUnfurnished Private Bedroom in a 4 Bedroom 2 Ba...4BR,2BA$695
North Creek Crossings @ Meriam ParkThe Bidwell - 2x1 Income Restricted2BR,1BA$750
7th Street ManorDownstairs Efficiency 1 Bedroom, 1 Bath - Call ...1BR,1BA$1,000
034 - Westwood Trees1BR/1.0BA1BR,1BA$1,015
Compass Point ApartmentsOne Bed2BR,1BA$1,045
Parkside TerraceThe Cedar3BR,2BA$1,050
Phoenix Apartments1 Bed 1 Bath1BR,1BA$1,145
Riverside Apartments1 Bedroom 1 Bathroom1BR,1BA$1,150

Best Value Apartments for Rent in Chico, CA

As of April 23, 2026 the best value apartment in the Chico area is the $1.29 price per square foot * Reserve for Summer 2026* Spacious 4 Bedroom 2... Model at Legacy Townhome - Spacious Townhomes in the in the Downtown Chico neighborhood starting from $2,250. The second greatest value Chico apartment is the 1521 Nord Ave Model at Nord Gardens starting at $2,150 with a $1.34 price per square foot . 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.
Legacy Townhome - Spacious Townhomes* Reserve for Summer 2026* Spacious 4 Bedroom 2...4BR,2BA$1.29
Nord Gardens1521 Nord Ave4BR,2BA$1.34
Redwood Glen Apartments4 Bedroom4BR,2BA$1.30
747 W 4th Ave4 Bed 2 Bath4BR,2BA$1.40
Parkside TerraceThe Cedar3BR,2BA$0.94
Rio TownhousesTownhouse2BR,1.5BA$1.36
Phoenix Apartments1 Bed 1 Bath1BR,1BA$1.15
El Sereno Apartments2BR/1.0BA2BR,1BA$1.25
North Creek Crossings @ Meriam ParkThe Bidwell - 2x1 Income Restricted2BR,1BA$0.84
Campus Place Apartments2 Bedroom2BR,2BA$1.36

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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

School data provided by Great Schools

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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Chico, CA Apartments Map
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Chico, CA Rental Homes Map

Frequently Asked Questions about Cheap Chico Apartments

How much is rent for a Cheap One Bedroom Chico Apartment?

The lowest price for a Cheap One Bedroom Chico Apartment is $690 at 418 Hazel St.

What is the lowest price for a Cheap Two Bedroom Chico Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chico is starting from $750 at North Creek Crossings @ Meriam Park.

What is the most affordable Chico Three Bedroom Apartment?

The best deal on a cheap Chico Three Bedroom Apartment rental is at Parkside Terrace and starts from $1,050.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.