Logo Chico Fair Market Rent FY 2019 Chico, CA MSA Rental Data

Fair Market Rent Prices in Chico, CA :
$808 $894 $1,144 $1,654 $1,921
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 50th Percentile Metro Area

Fair Market Rent prices in Chico are very high compared to the national average. This FMR area is more expensive than 95% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Chico is $1,144 per month.

The previous year, rent for a two-bedroom home was $992 per month. This is a 15.32% increase year-over-year.

This FMR rate applies to Nelson, CA, Clipper Mills, CA, Stirling City, CA, Feather Falls, CA, Forbestown, CA, Richvale, CA, Bangor, CA, Berry Creek, CA, Forest Ranch, CA, Palermo, CA and other cities within the region. The Metro Code or CBSA code for this region is METRO17020M17020.

Additionally, This Fair Market Rent (FMR) area Chico, CA MSA spans one county or city in California which is listed in the table below. Estimated population of Chico, CA MSA FMR area is 220,000 people based on latest Census data.

Compared to the rest of California, the Chico FMR area is more expensive than 57% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Chico. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Chico

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 859
1-BR 1-Bedroom $ 951
2-BR 2-Bedroom $ 1216
3-BR 3-Bedroom $ 1758
4-BR 4-Bedroom $ 2042
Change Year:

There is just one county (listed below) within the Chico, CA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Sacramnto - Stktn - Modesto and Chico - Redding.

County / Region Est. Population
Chico, CA Metro 220,000
Zip Codes in Chico, CA MSA

There are 25 unique zip codes in this Fair Market Rent (FMR) area:

95901, 95914, 95916, 95917, 95926, 95927, 95928, 95929, 95930, 95938, 95940, 95941, 95942, 95948, 95954, 95958, 95965, 95966, 95967, 95968, 95969, 95973, 95974, 95976 and 95978

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