What HUD offices serve Chico, California?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Chico.
How many renters live in Chico, California?
The City of Chico has people living in households.
There are renters living in renter households in this City. Renters make up 48.83 percent of the population living in Chico.
What is the rental market like in Chico, California?
There are an estimated housing units in the Chico area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Chico, California, there are 1.08 rental units.
What is the vacancy rate for rentals in Chico?
The rental vacancy rate in Chico is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Chico for each bedroom size?
Occupied Rental Units by Size in Chico
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 1,215 | 5,023 | 10,025 | 4,487 | 2,781 |
Occupied Rental Units by Size in Chico
A large number of apartments in Chico have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Chico
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,049 to $2,423. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,049 |
| One BR | $1,091 |
| Two BR | $1,428 |
| Three BR | $2,012 |
| Four BR | $2,423 |
2024 Fair Market Rents in Chico, California
How many units are rented at Fair Market Rent (FMR) in Chico?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 778 | 64 percent |
| One BR | 2,127 | 42 percent |
| Two BR | 4,869 | 49 percent |
Rental Units Below FMR in Chico, California
How many affordable rental units are in Chico?
There are a variety of federal affordable housing programs serving households in Chico, California including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly | |
| Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Chico, California
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Chico, California
Chico features 615 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Chico, California
There are 1,324 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chico.
Housing Choice Vouchers in Chico, California
On average, Section 8 Housing Choice vouchers pay Chico landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Chico.
The maximum amount a voucher would pay on behalf of a low-income tenant in Chico, California for a two-bedroom apartment is between $1,285 and $1,571.
Sourced from federal housing data and AffordableHousingOnline.com research.
