
Cheap Apartments for Rent near Chico, TX from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Chico.


Churchill at Champions Circle

Country Club Estates

Eagle's Point Apartments

Crestwood Apartments

35 West at Champions Circle Apartments

Estate Villas at Krum Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Bexley Champions Circle

Birchstone Northlake

Reata West Apartments

Crestview Place Apartments

Reatta Ranch Apartments

The Ruby at Chadwick Commons

Stafford Place
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.

The Laredo

Total Monthly Price
Birchway Sanger

Total Monthly Price
The Opal

Westwind Manor

Avondale Farms Seniors

307 E Cates St

309 E Nelson St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Grove at Brushy Creek

104 Harbor Dr

Knoll Creek Apartments

Azle Creek Apartments

Reserve at Decatur

Highland Terrace Apartments

Alvord Hills 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.

210 E Cates St

32hundred Windsor

134 Private Rd 3228
Chico, TX Local Guide

How much does it cost to rent an apartment in Chico?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chico Studio Apartments | $1,409 | $945 | $1,796 |
| Chico 1 Bedroom Apartments | $1,620 | $532 | $3,105 |
| Chico 2 Bedroom Apartments | $2,121 | $631 | $3,092 |
| Chico 3 Bedroom Apartments | $2,548 | $824 | $4,610 |
| Chico 4 Bedroom Apartments | $2,964 | $1,119 | $3,976 |
Browse Top Apartments in Chico
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Chico, TX Local Guide
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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 in the Wise County neighborhood priced from $532. Eagle's Point Apartments in the North Fort Worth neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here is today’s list of the most affordable Chico apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy Trails of Decatur - 55 Plus Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $532 |
| Eagle's Point Apartments | Studio One | Studio,1BA | $945 |
| Crestwood Apartments | Loft | 1BR,1BA | $1,020 |
| Estate Villas at Krum Apartments | Mesa | 1BR,1BA | $1,135 |
| 35 West at Champions Circle Apartments | A2 | 1BR,1BA | $1,144 |
| Reata West Apartments | A1 | 1BR,1BA | $1,170 |
| 32hundred Windsor | 1 Bed, 1 Bath | 1BR,1BA | $1,175 |
| Reatta Ranch Apartments | Benbrook | 1BR,1BA | $1,265 |
| The Ruby at Chadwick Commons | A1 | 1BR,1BA | $1,269 |
| Westwind Manor | 2 Bed / 2 Bath | 2BR,2BA | $1,295 |
Best Value Apartments for Rent in Chico, TX and Nearby
As of July 27, 2026 the best value apartment in the Chico area is the $1.40 price per square foot Coriander Model at Covey Homes Azle in the starting from $2,306. The second greatest value Chico apartment is the TH2 w/ a den Model at The Palo Townhomes starting at $2,318 with a $1.52 price per square foot in the Lakes Of Lost Creek neighborhood. Here is today’s list of the best values for Chico apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Covey Homes Azle | Coriander | 4BR,2BA | $1.40 |
| The Palo Townhomes | TH2 w/ a den | 3BR,2.5BA | $1.52 |
| Tricon Rancho Canyon | Plan 2 | 3BR,2BA | $1.49 |
| Westwind Manor | 2 Bed / 2 Bath | 2BR,2BA | $1.00 |
| The Laredo | B2 | 2BR,2BA | $1.43 |
| Estate Villas at Krum Apartments | Sierra | 2BR,2BA | $1.40 |
| Stafford Place | B1 L | 2BR,2BA | $1.45 |
| Crestwood Apartments | 2 Bedroom | 2BR,1BA | $1.49 |
| 32hundred Windsor | 1 Bed, 1 Bath | 1BR,1BA | $1.45 |
| Legacy Trails of Decatur - 55 Plus Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.71 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in Chico, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chico, TX Rentals by Map
See the most popular apartments and homes in Chico, TX
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 Estate Villas at Krum Apartments and starts from $1,290.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.