Cheap Apartments for Rent in Magalia, CA from $695 (60 Rentals)

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

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.

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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.

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Eaglepointe
1 to 3 Bedroom Apartments

Eaglepointe

5975 Maxwell DrParadise, CA 95969

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.

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Bar Triangle
1 to 3 Bedroom Apartments

Bar Triangle

2225 Bar Triangle StChico, CA 95928
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7th Street Manor
1 to 2 Bedroom Apartments

7th Street Manor

1043 W 7th StChico, CA 95928
  • Utilities Included
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1287 Citrus Ave
1 Bedroom Apartments

1287 Citrus Ave

1287 Citrus AveChico, CA 95926
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Humboldt Park
1 to 2 Bedroom Apartments

Humboldt Park

1850 Humboldt RdChico, CA 95928
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Walnut Tree Manor
1 to 2 Bedroom Apartments

Walnut Tree Manor

1161 Citrus AveChico, CA 95926
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626 W 1st Ave
2 Bedroom Apartments

626 W 1st Ave

626 W 1st AveChico, CA 95926
Student Housing
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Hazel Student Living
3 Bedroom Apartments

Hazel Student Living

717 Hazel StChico, CA 95928
Student Housing
  • Utilities Included

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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Glenbrook Apartments
1 to 2 Bedroom Apartments

Glenbrook Apartments

1550 Springfield DrChico, CA 95928
Corporate Housing
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La Vista Apartments
2 to 3 Bedroom Apartments

La Vista Apartments

632 W 2nd AveChico, CA 95926
Student Housing
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Rio Townhouses
2 Bedroom Apartments

Rio Townhouses

279 Rio Lindo AveChico, CA 95926
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Avery Oaks Apartments
1 to 3 Bedroom Apartments

Avery Oaks Apartments

1991 Humboldt RdChico, CA 95928
Student Housing
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Regency Townhomes
3 to 5 Bedroom Apartments

Regency Townhomes

647-701 W 4th AveChico, CA 95926
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Enclave Apartments
1 to 2 Bedroom Apartments

Enclave Apartments

1270 East AveChico, CA 95926
  • Utilities Included

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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Magalia, CA Local Guide

Cheapest Available Magalia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magalia, CA is a 3 Beds unit found at 0632 - The Boardwalk Townhomes in the Downtown Chico neighborhood priced from $695. Senior Apartments at B20 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,090. Here is today’s list of the most affordable Magalia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
0632 - The Boardwalk TownhomesBedroom A3BR,3BA$695
Senior Apartments at B20Two Bedroom2BR,2BA$1,090
Phoenix Apartments1 Bed 1 Bath1BR,1BA$1,145
Riverside Apartments1 Bedroom 1 Bathroom1BR,1BA$1,150
Summer Village ApartmentsStudioStudio,1BA$1,175
Walnut Tree ManorUpper Park2BR,1BA$1,195
Warner Street Apartments1x11BR,1BA$1,200
Bidwell Manor1 Bed, 1 bath1BR,1BA$1,200
Burnap Gardens ApartmentsWestside Cottage1BR,1BA$1,245
Woodside Gardens Apartments2 Bedroom2BR,1BA$1,250

Best Value Apartments for Rent in Magalia, CA and Nearby

As of September 07, 2026 the best value apartment in the Magalia area is the $1.14 price per square foot 4 Bedroom 2 Bath Model at Regency Townhomes in the in the Downtown Chico neighborhood starting from $1,650. The second greatest value Magalia apartment is the **Available NOW - $500 MI Special** Renovated T... Model at 2nd Avenue Square starting at $2,100 with a $1.45 price per square foot in the Downtown Chico neighborhood. Here is today’s list of the best values for Magalia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Regency Townhomes4 Bedroom 2 Bath4BR,2BA$1.14
2nd Avenue Square**Available NOW - $500 MI Special** Renovated T...4BR,2BA$1.45
Cedar Park Apartments4 Bed 2 Bath Townhome Cedar Park IV4BR,2BA$1.44
Madison Townhomes3 Bed 2 Bath3BR,2BA$1.42
Foothill Manor TownhomesThree Bedroom Two ½ Bathroom Townhome3BR,2.5BA$1.43
Redwood Glen ApartmentsHouse2BR,1BA$1.36
Phoenix Apartments1 Bed 1 Bath1BR,1BA$1.15
Paradise Boutique Apartments2BR/2.0BA2BR,2BA$1.43
Campus WalkB32BR,2BA$0.76
Senior Apartments at B20Two Bedroom2BR,2BA$1.22

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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

Explore Magalia, CA Rentals by Map

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See the most popular apartments and homes in Magalia, CA

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Frequently Asked Questions about Cheap Magalia Apartments

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

The lowest price for a Cheap One Bedroom Magalia Apartment is $1,145 at Phoenix Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Magalia is starting from $1,090 at Senior Apartments at B20.

What is the most affordable Magalia Three Bedroom Apartment?

The best deal on a cheap Magalia Three Bedroom Apartment rental is at 0632 - The Boardwalk Townhomes and starts from $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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.