1

Chico, TX Home for Rent

Section Image
  • /21

    $2,500 Per Month

    • 4 Beds
    • 3.5 Baths
    • 1,950 Sq Ft
    • House for Rent

    158 Private Road 1758, Chico, TX 76431

    Daniel Serna Elite Real Estate Texas

    158 Private Road 1758, Chico, TX 76431

Why Live in Chico

Chico is a small, close-knit community with fewer than 1,000 people in rural Wise County. This agricultural town is situated between Decatur and Lake Bridgeport and is historically known for growing peanuts, cotton and cantaloupes. The area features a mix of older 20th-century homes, including traditional and ranch-style houses, many of which sit on large lots ranging from a quarter-acre to an acre. There are also several cabins, cottages and lakefront homes with boat docks around Lake Bridgeport. Recreational amenities such as Wise County Park, Tucker Park, Robinson Park and Jewel Park have many playgrounds and sports facilities. Lake Bridgeport itself spans over 12,000 acres and is a popular spot for boating, swimming and fishing. The highly rated Chico Independent School District offers over 600 students a four-day school week and a college career and military readiness program. While retail is relatively limited, there are a few small businesses along the main highway, such as Chico Florist & Gift Shop, Wiley Hardware & Supply, Julio's Mexican Restaurant and Perry's Diner. More extensive dining options can be found in Bridgeport and Decatur nearby. Major highways like Texas State Highway 101 and U.S. Route 287 provide access to the Dallas-Fort Worth Metroplex, with both Fort Worth and the Dallas-Fort Worth International Airport being more than 50 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Chico, TX?
The median rent for a home in Chico, TX is $2,500 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Chico, TX?
To comfortably afford the median rent in Chico, TX, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Chico, TX, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Chico, TX?
In Chico, TX, the price-to-rent ratio is 12.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Chico, TX

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,500
Median Single Family Home Rent
$2,200
How to Rent a Home