Cheap Apartments for Rent in Chico, TX from $500 (16 Rentals)

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

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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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Alvord Hills Apartments
1 to 2 Bedroom Apartments

Alvord Hills Apartments

195 Private Road 2386Alvord, TX 76225
  • Utilities Included

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Azle Creek Apartments
Studio to 3 Bedroom Apartments

Azle Creek Apartments

514-527 W Main StAzle, TX 76020
  • Utilities Included

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$999
Eagle's Point ApartmentsOne BedroomStudio,1BA$1,015
Crestview Place Apartments1 Bedroom / 1 Bath1BR,1BA$1,200

Best Value Apartments for Rent in Chico, TX and Nearby

As of September 08, 2025 the best value apartment in the Chico area is the $1.31 price per square foot Pimento Model at Covey Homes Azle in the starting from $2,411. The second greatest value Chico apartment is the TH2 w/ a den Model at The Palo Townhomes starting at $2,299 with a $1.51 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Covey Homes AzlePimento4BR,2BA$1.31
The Palo TownhomesTH2 w/ a den3BR,2.5BA$1.51
Reata West ApartmentsC13BR,2BA$1.48
Westwind Manor2 Bed / 2 Bath2BR,2BA$1.08
32hundred Windsor2 Bed, 2 Bath2BR,2BA$1.27
Bexley Champions CircleFlint2BR,2BA$1.39
The OpalA3 AFF1BR,1BA$1.68
Legacy Trails of Decatur - 55 Plus Apartments1 Bedroom 1 Bath1BR,1BA$0.71
Country Club Estates1br duplex1BR,1BA$0.98
Crestview Place Apartments1 Bedroom / 1 Bath1BR,1BA$1.73

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Pet Friendly Lifestyle
Chico, TX

Ranked #448

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Chico, TX Rentals by Map

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Getting Around Chico, TX

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,015.

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 $869.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.