
Cheap Apartments for Rent in the Downtown Chico Neighborhood of Chico, CA from $300 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Chico area of Chico.


Summer Village Apartments

0632 - The Boardwalk Townhomes

Westpark Plaza

Village at The Timbers

Total Monthly Price
1287 Citrus Ave

Bidwell's Mill Apartments

477 E Sacramento Ave

202 W 2nd Ave

Phoenix Apartments
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.

Riverside Apartments

The Timbers IV Group

1145 W 2nd St, Unit 12

Walnut Tree Manor

Warner Street Apartments

Bidwell Manor

485 E 6th St

626 W 1st Ave

1144-1136 W 6th St

220 W 1st Ave, Unit F
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.

1200 Park Avenue Senior Residential

Wildcat Crossing

418 Hazel St

Sheridan Manor

824 Nord Ave

Ash Street Apartments

Campus Place Apartments

Warner Studios

Bidwell Oaks Apartments

828 W. Sacramento Ave. Apt.# 4 (K)
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.

833 W 4th Ave

7th Street Manor

034 - Westwood Trees

7th Street Manor

1151 Arcadian Ave

East Lindo Senior Apartments

Cedar Grove Apartments

Mansion

1165 Magnolia Ave

1075 Cypress St
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.

Campus Place Apartments

Mountain View Apartments

508 W Sacramento Ave

University Terrace Apartments

321 Normal

Cedar Park Apartments Chico CA

9 Lanterns

Westpark Gardens

Jack Scott Apartments

1020 W 3rd St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Downtown Chico, Chico, CA Local Guide

How much does it cost to rent an apartment in Downtown Chico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Chico Studio Apartments | $1,381 | $750 | $1,794 |
| Downtown Chico 1 Bedroom Apartments | $1,125 | $875 | $2,049 |
| Downtown Chico 2 Bedroom Apartments | $1,394 | $695 | $2,100 |
| Downtown Chico 3 Bedroom Apartments | $1,627 | $665 | $2,495 |
| Downtown Chico 4 Bedroom Apartments | $1,525 | $599 | $2,980 |
| Downtown Chico 5 Bedroom Apartments | $754 | $650 | $806 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Downtown Chico Neighborhood of Chico, CA.
See all Apartments in ChicoExplore Chico
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. 0632 - The Boardwalk Townhomes has the second lowest priced unit, which is a 3 Beds apartment currently listed from $760. Here are the most affordable Downtown Chico apartments for rent in Chico, CA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 418 Hazel St | 1/5 | 1BR,5BA | $690 |
| 0632 - The Boardwalk Townhomes | Private Bedroom and Bathroom in brand new 3 bed... | 3BR,1BA | $760 |
| Post on Nord | D1 | 4BR,4BA | $779 |
| The Urban | The URBAN - Fall Semester Lease! Limited Availa... | 1BR,1BA | $870 |
| 828 W. Sacramento Ave. Apt.# 4 (K) | 828 W. Sacramento Ave. Apt.# 4 (K) - 1 | 1BR,1BA | $985 |
| 034 - Westwood Trees | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Phoenix Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,145 |
| Riverside Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,150 |
| Walnut Tree Manor | Upper Park | 2BR,1BA | $1,195 |
| Warner Street Apartments | 1x1 | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Downtown Chico, CA
As of July 15, 2026 the best value apartment in the Downtown Chico area is the $1.24 price per square foot **Available NOW - Move In Special** Graduate Ga... Model at Graduate Gardens in the in the Downtown Chico neighborhood starting from $1,795. The second greatest value Downtown Chico apartment is the 4 Bedroom 2 Bath Model at Regency Townhomes starting at $1,821 with a $1.26 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Graduate Gardens | **Available NOW - Move In Special** Graduate Ga... | 4BR,2BA | $1.24 |
| Regency Townhomes | 4 Bedroom 2 Bath | 4BR,2BA | $1.26 |
| Cedar Park Apartments | 4 Bed 2 Bath Townhome Cedar Park I | 4BR,2BA | $1.32 |
| The Loft Apartments | 3 X 1.5 | 3BR,1.5BA | $1.12 |
| 1505 West 3rd Street (K) | 1505 West 3rd Street (K) - #F | 4BR,2BA | $1.13 |
| 418 Hazel St | 1/5 | 1BR,5BA | $0.53 |
| 747 W 4th Ave | 4 Bed 2 Bath | 4BR,2BA | $1.40 |
| Redwood Glen Apartments | House | 2BR,1BA | $1.36 |
| 9 Lanterns | Great Rate! Units Available for Summer 2026! $3... | 3BR,2BA | $1.27 |
| Phoenix Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.15 |
Frequently Asked Questions about Cheap Downtown Chico Apartments
What is a cheap apartment in Downtown Chico?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Chico is under $1,200.
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 $4,300.
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 69 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 $757 which is $3,543 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.