Cheap Apartments for Rent in the Downtown Chico Neighborhood of Chico, CA from $300 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Chico area of 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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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
property at 1334 Boucher St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

1334 Boucher St

ChicoCA95928
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Wildcat Crossing
1 to 4 Bedroom Apartments

Wildcat Crossing

1115 W Sacramento AveChico, CA 95926
Student Housing
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418 Hazel St
1 to 4 Bedroom Apartments

418 Hazel St

418 Hazel StChico, CA 95928

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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Sheridan Manor
1 Bedroom Apartments

Sheridan Manor

1730 Sheridan AveChico, CA 95926
  • Utilities Included
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Bidwell Oaks Apartments
Studio to 2 Bedroom Apartments

Bidwell Oaks Apartments

700 Salem StChico, CA 95928
Senior Living
  • Utilities Included
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Warner Studios
Studio Apartments

Warner Studios

1488 Warner StChico, CA 95926
  • Utilities Included
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034 - Westwood Trees
1 to 2 Bedroom Apartments

034 - Westwood Trees

1425 Nord AveChico, CA 95926
  • Utilities Included
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7th Street Manor
1 to 2 Bedroom Apartments

7th Street Manor

1013 W 7th StChico, CA 95928
  • Utilities Included

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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Mansion
Studio to 2 Bedroom Apartments

Mansion

510 Nord AveChico, CA 95926
Student Housing
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1165 Magnolia Ave
2 Bedroom Apartments

1165 Magnolia Ave

1165 Magnolia AveChico, CA 95926
Student Housing
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321 Normal
2 Bedroom Apartments

321 Normal

321 NormalChico, CA 95928
  • Utilities Included
  • Smoke Free

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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Showing Results 1-50, Page 1 of 2

Cheapest Available Downtown Chico Apartments for Rent

 

The cheapest available apartment rental in the Downtown Chico area of Chico, CA is a 1 Bed unit found at 418 Hazel St priced from $690. Redwood Cove Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $695. Here are the most affordable Downtown Chico apartments for rent in Chico, CA:

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
7th Street ManorDownstairs Efficiency 1 Bedroom, 1 Bath - Call ...1BR,1BA$1,000
034 - Westwood Trees1BR/1.0BA1BR,1BA$1,050
1165 Magnolia Ave1155 Magnolia Avenue2BR,1BA$1,145
Phoenix Apartments1 Bed 1 Bath1BR,1BA$1,145
Riverside Apartments1 Bedroom 1 Bathroom1BR,1BA$1,150
Campus Place Apartments2 Bedroom2BR,2BA$1,180
The Grand Complex1x11BR,1BA$1,200

Best Value Apartments for Rent in Downtown Chico, CA

As of April 16, 2026 the best value apartment in the Downtown 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 Downtown Chico apartment is the 4 Bed 2 Bath Model at 3rd & Cedar Townhomes starting at $1,995 with a $1.33 price per square foot in the Downtown Chico neighborhood. Here is today’s list of the best values for Downtown 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
3rd & Cedar Townhomes4 Bed 2 Bath4BR,2BA$1.33
Cedar Park Apartments4 Bedroom4BR,2BA$1.20
Redwood Glen Apartments4 Bedroom4BR,2BA$1.17
2nd Avenue Square3 Bed 2 Bath Townhouse3BR,2BA$1.29
747 W 4th Ave4 Bed 2 Bath4BR,2BA$1.40
Phoenix Apartments1 Bed 1 Bath1BR,1BA$1.15
Preleasing for Summer!! 2 Bedroom 1 Bath at 6th & Chestnut**RESERVE FOR SUMMER 2026** 2 Bed 1 Bath near ...2BR,1BA$1.45
Summer Village Apartments (03/26)Two Bedroom One Bath2BR,1BA$1.53
Campus Place Apartments2 Bedroom2BR,2BA$1.36

Frequently Asked Questions about Cheap Downtown Chico Apartments

What is the price of a cheap apartment in Downtown Chico?

The cheapest apartment in Downtown Chico is 418 Hazel St which is listed at $690, while the average apartment in Downtown Chico costs $4,650.

What types of apartments are the cheapest in Downtown 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 17 regular apartments in Downtown 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 Downtown Chico?

Cheap apartments in Downtown Chico have an average cost of $863 which is $3,787 cheaper than the average rent for all rentals in Downtown 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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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.