Cheap Homes for Rent in Chico, CA from $700 (19 Rentals)

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

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

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.

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

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.

property at 475 E 7th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

475 E 7th St

ChicoCA95928
property at 1114 Nord Ave

$1,495 - $1,595

3 Bedroom Rentals

Available Jul 23

1114 Nord Ave

ChicoCA95926

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.

Chico, CA Local Guide

Cheapest Neighborhoods for Apartments in Chico, CA

Pricing Updated: 04/29/2026

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$76512

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
Compass Point ApartmentsOne Bed2BR,1BA$1,045

Best Value Apartments for Rent in Chico, CA

As of April 29, 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
Parkside TerraceThe Cedar3BR,2BA$0.94
Glenbrook ApartmentsStandard Two Bed Two Bath2BR,2BA$1.36
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.

Read Article
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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, CA
Population: 94,776

Ranked #337

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Chico

What type of rentals are currently available in Chico?

There are currently 536 Apartments for Rent in Chico, CA with pricing that ranges from $650 to $4,500. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chico ranging from $765 to $3,250.

What is the current price range for Rental Homes in Chico?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chico ranges from $765 to $3,250 with an average monthly rent of $1,986.

How much are larger Three and Four Bedroom Rentals in Chico?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chico range from $719 to $2,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $765 to $2,750. 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

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.