
Cheap Homes for Rent in Downtown Chico Neighborhood of Chico, CA from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Chico area of Chico.


212 W 1st Ave

1050 E 8th St

275 E 19th St

536 W 12th St
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.

477 E Sacramento Ave

1211 Laburnum Ave

217 W 16th St

1311 W 3rd St, Unit 6

458 Nord Ave
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.
Downtown Chico, Chico, CA Local Guide

How much does it cost to rent a home in Downtown Chico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Chico 2 Bedroom Homes for Rent | $1,747 | $1,155 | $2,695 |
| Downtown Chico 3 Bedroom Homes for Rent | $1,944 | $765 | $2,700 |
| Downtown Chico 4 Bedroom Homes for Rent | $2,586 | $2,100 | $3,195 |
| Downtown Chico 5 Bedroom Homes for Rent | $3,050 | $2,800 | $3,250 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Chico Neighborhood of Chico, CA.
Explore 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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 418 Hazel St | 1/5 | 1BR,5BA | $690 |
| Redwood Cove Apartments | Unfurnished Private Bedroom in a 4 Bedroom 2 Ba... | 4BR,2BA | $695 |
| 7th Street Manor | Downstairs Efficiency 1 Bedroom, 1 Bath - Call ... | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Downtown Chico, CA
As of April 29, 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 Bedroom Model at Redwood Glen Apartments starting at $1,880 with a $1.30 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. |
|---|---|---|---|
| Legacy Townhome - Spacious Townhomes | * Reserve for Summer 2026* Spacious 4 Bedroom 2... | 4BR,2BA | $1.29 |
| Redwood Glen Apartments | 4 Bedroom | 4BR,2BA | $1.30 |
| 747 W 4th Ave | 4 Bed 2 Bath | 4BR,2BA | $1.40 |
| La Vista Apartments | **Reserve NOW for Summer - $200 Move In Special... | 3BR,2BA | $1.55 |
| Preleasing for Summer!! 2 Bedroom 1 Bath at 6th & Chestnut | **RESERVE FOR SUMMER 2026** 2 Bed 1 Bath near ... | 2BR,1BA | $1.45 |
| Phoenix Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.15 |
| Summer Village Apartments (03/26) | Two Bedroom One Bath | 2BR,1BA | $1.53 |
| The Domicile @ West Sacramento | 2BR/2.0BA | 2BR,2BA | $1.54 |
| Campus Place Apartments | 2 Bedroom | 2BR,2BA | $1.36 |
| 614 Rancheria Dr, Unit B | 614 Rancheria Dr | 2BR,1BA | $1.57 |
Frequently Asked Questions about Downtown Chico
What type of rentals are currently available in Downtown Chico?
There are currently 380 Apartments for Rent in Downtown Chico, CA with pricing that ranges from $650 to $4,500. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Chico ranging from $765 to $3,250.
What is the current price range for Rental Homes in Downtown Chico?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Chico ranges from $765 to $3,250 with an average monthly rent of $1,952.
How much are larger Three and Four Bedroom Rentals in Downtown Chico?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Chico range from $719 to $2,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $765 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $695.
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

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.

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.

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.

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.