Cheap Apartments for Rent in Chico, TX from $500 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in 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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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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Avondale Farms Seniors
1 to 2 Bedroom Apartments

Avondale Farms Seniors

13145 Avondale Farms DrHaslet, TX 76052
Senior Living

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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Azle Creek Apartments
Studio to 3 Bedroom Apartments

Azle Creek Apartments

514-527 W Main StAzle, TX 76020
  • Utilities Included
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Reserve at Decatur
1 to 2 Bedroom Apartments

Reserve at Decatur

217 N Chico AveDecatur, TX 76234
Senior Living
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Alvord Hills Apartments
1 to 2 Bedroom Apartments

Alvord Hills Apartments

195 Private Road 2386Alvord, TX 76225
  • Utilities Included
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Rise Creekside
1 to 3 Bedroom Apartments

Rise Creekside

8299 Small Block RdNorthlake, TX 76262

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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Showing Results 1-31, Page 1 of 1

Chico, TX Local Guide

Cheapest Available Chico Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chico, TX is a 1 Bed unit found at Legacy Trails of Decatur - 55 Plus Apartments priced from $532. Country Club Estates in the Downtown Mineral Wells neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Chico apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Legacy Trails of Decatur - 55 Plus Apartments1 Bedroom 1 Bath1BR,1BA$532
Country Club Estates1br duplex1BR,1BA$699
Reata West ApartmentsA11BR,1BA$919
Eagle's Point ApartmentsStudio OneStudio,1BA$945
Highland Terrace Apartments2 Bed 1 Bath2BR,1BA$995
Crestwood ApartmentsLoft1BR,1BA$1,020
Chisholm Trail DecaturA11BR,1BA$1,080
The LaredoA31BR,1BA$1,093
32hundred Windsor1 Bed, 1 Bath1BR,1BA$1,110
Stafford PlaceA2 L1BR,1BA$1,145

Best Value Apartments for Rent in Chico, TX and Nearby

As of April 27, 2026 the best value apartment in the Chico area is the $1.34 price per square foot Lavender Model at Covey Homes Azle in the starting from $2,317. The second greatest value Chico apartment is the Plan 1 Model at Tricon Rancho Canyon starting at $2,079 with a $1.43 price per square foot in the Sendera Ranch neighborhood. 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.
Covey Homes AzleLavender4BR,2BA$1.34
Tricon Rancho CanyonPlan 13BR,2BA$1.43
Northpark Townhomes3 Bed 2 Bath Townhome3BR,2BA$1.50
Reata West ApartmentsB22BR,2BA$1.37
Westwind Manor2 Bed / 2 Bath2BR,2BA$1.08
Crestwood Apartments2 Bedroom2BR,1BA$1.49
32hundred Windsor1 Bed, 1 Bath1BR,1BA$1.37
Legacy Trails of Decatur - 55 Plus Apartments1 Bedroom 1 Bath1BR,1BA$0.71
The LaredoA41BR,1BA$1.57
Country Club Estates1br duplex1BR,1BA$0.98

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.

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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, TX

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Chico Apartments

What is the Cheapest Studio apartment in Chico?

Currently the most affordable Cheap Studio Apartment in Chico is at Eagle's Point Apartments listed at $945.

How much is rent for a Cheap One Bedroom Chico Apartment?

The lowest price for a Cheap One Bedroom Chico Apartment is $532 at Legacy Trails of Decatur - 55 Plus Apartments.

What is the lowest price for a Cheap Two Bedroom Chico Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chico is starting from $631 at Legacy Trails of Decatur - 55 Plus Apartments.

What is the most affordable Chico Three Bedroom Apartment?

The best deal on a cheap Chico Three Bedroom Apartment rental is at Country Club Estates and starts from $889.

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.

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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.