Cheap Homes for Rent in Downtown Chico Neighborhood of Chico, CA from $700 (9 Rentals)

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Search the lowest-cost Homes 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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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. Post on Nord has the second lowest priced unit, which is a 4 Beds apartment currently listed from $779. Here are the most affordable Downtown Chico apartments for rent in Chico, CA:

Apartment ListingModel NameBed/BathPriced From
418 Hazel St1/51BR,5BA$690
Post on NordD14BR,4BA$779
034 - Westwood Trees1BR/1.0BA1BR,1BA$1,050

Best Value Apartments for Rent in Downtown Chico, CA

As of June 13, 2026 the best value apartment in the Downtown Chico area is the $1.36 price per square foot 5 Bed 2.5 Bath Model at 720 W 2nd Ave in the in the Downtown Chico neighborhood starting from $2,450. The second greatest value Downtown Chico apartment is the **NOW Leasing** - 2nd Ave Square Model at 2nd Avenue Square starting at $2,125 with a $1.47 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.
720 W 2nd Ave5 Bed 2.5 Bath5BR,2.5BA$1.36
2nd Avenue Square**NOW Leasing** - 2nd Ave Square4BR,2BA$1.47
1119 West Sacramento Avenue4BR/2.0BA4BR,2BA$1.15
The Loft Apartments3 X 1.53BR,1.5BA$1.16
747 W 4th Ave4 Bed 2 Bath4BR,2BA$1.40
The Four Seasons2BR/2.0BA2BR,2BA$1.25
Phoenix Apartments1 Bed 1 Bath1BR,1BA$1.15
Summer Village ApartmentsTwo Bedroom One Bath2BR,1BA$1.47
Campus Place Apartments2 Bedroom2BR,2BA$1.36
Bidwell Manor1 Bed, 1 bath1BR,1BA$1.50

Frequently Asked Questions about Downtown Chico

What type of rentals are currently available in Downtown Chico?

There are currently 369 Apartments for Rent in Downtown Chico, CA with pricing that ranges from $599 to $4,300. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Chico ranging from $765 to $3,200.

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 $3,200 with an average monthly rent of $1,918.

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 $665 to $2,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $765 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $599.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.