Updated 19 Hours Ago
Location
703 W 2nd Ave, Chico, CA 95926, USA|The Avenues
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Property Overview
4 Lanterns Townhomes earns a strong overall impression with a 7.3 out of 10 expert rating, supported by standout amenities and a highly rated location. Key features include a dishwasher, granite countertops, laminate flooring, central heating and air conditioning, an on-site laundry room, and a dining area, with a solid trustworthiness rating adding to the appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Laundry available on site
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $550 /mo | 4 units available | Shared apartment. Room Available. Walking distance to CSU Chico. This downstairs apartment has a living room, dining area, laminate flooring, granite countertops, electric range, dishwasher, microwave, garbage disposal, central heating and air conditioning, on-site laundry room, and outdoor seating area. Located Sacramento Ave to Warner Ave, left onto 2nd Avenue. Landscape maintenance and pest control included. Water, sewer, and garbage paid. Residents pay pro-rated charge for gas and electricity. No pets. Rental per Room Addenda Required. One Year Lease Required. Renter's Insurance Required. Rental applications from Zillow or other third-party websites are not accepted. Please review our Leasing Guidelines. |
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Amenities for 4 Lanterns Townhomes
Apartment Amenities
| Water |
Appliances
| Dishwasher | Electric Range |
| Microwave | Range |
| Refrigerator |
Building
| Onsite Laundry | Sewer |
Services
| Garbage | Landscape Maintenance |
| Pest Control |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
About 4 Lanterns Townhomes
Shared apartment. Room Available. Walking distance to CSU Chico. This downstairs apartment has a living room, dining area, laminate flooring, granite countertops, electric range, dishwasher, microwave, garbage disposal, central heating and air conditioning, on-site laundry room, and outdoor seating area. Located Sacramento Ave to Warner Ave, left onto 2nd Avenue. Landscape maintenance and pest control included. Water, sewer, and garbage paid. Residents pay pro-rated charge for gas and electricity. No pets. Rental per Room Addenda Required. One Year Lease Required. Renter's Insurance Required. Rental applications from Zillow or other third-party websites are not accepted. Please review our Leasing Guidelines.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.3
/10
Very Good4 Lanterns Townhomes is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
4 Lanterns Townhomes is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
4 Lanterns Townhomes goes above and beyond to provide sought-after conveniences and desirable perks, including garbage. Renters looking for popular or luxurious features will find them here—and for that reason, 4 Lanterns Townhomes receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
4 Lanterns Townhomes is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 4 Lanterns Townhomes does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
4 Lanterns Townhomes provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
4 Lanterns Townhomes is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4 Lanterns Townhomes compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 miles away
- Laundry available on site
- Washers and dryers are available in-building
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in The Avenues
1-bedroom apartments at 4 Lanterns Townhomes cost about 49% less than the average rent price for 1-bedroom apartments in The Avenues.
Median rents as of Nov 7 2026.
The Avenues
Chico
| Month | Median Rent |
|---|---|
| November 2024 | $1,044 |
| December 2024 | $987 |
| January 2025 | $927 |
| February 2025 | $985 |
| March 2025 | $983 |
| April 2025 | $982 |
| May 2025 | $990 |
| June 2025 | $982 |
| July 2025 | $941 |
| August 2025 | $949 |
| September 2025 | $981 |
| October 2025 | $962 |
| November 2025 | $967 |
| December 2025 | $977 |
| January 2026 | $971 |
| February 2026 | $1,043 |
| March 2026 | $1,048 |
| April 2026 | $1,019 |
| May 2026 | $1,021 |
| June 2026 | $1,003 |
| July 2026 | $1,039 |
| August 2026 | $1,070 |
| September 2026 | $1,098 |
| October 2026 | $1,009 |
| November 2026 | $995 |
| Month | Median Rent |
|---|---|
| January 2025 | $895 |
| February 2025 | $985 |
| March 2025 | $995 |
| April 2025 | $995 |
| May 2025 | $995 |
| August 2025 | $950 |
| September 2025 | $983 |
| October 2025 | $995 |
| December 2025 | $1,032 |
| January 2026 | $1,029 |
| February 2026 | $1,026 |
| March 2026 | $1,047 |
| April 2026 | $1,041 |
| June 2026 | $995 |
| July 2026 | $995 |
| August 2026 | $990 |
| October 2026 | $1,021 |
| November 2026 | $1,025 |
Affordability calculator
Can I afford to live at 703 W 2nd Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$22,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $22,000 annually to afford this 1-bedroom monthly rent price of $550.
For more information on rent affordability, visit our rent calculator.
Schools near 4 Lanterns Townhomes
Citrus Avenue Elementary School
1350 citrus ave
chico, CA, 95926
K-5Public
B-
Butte County Community School - Lead
601 wall st
chico, CA, 95928
K-12Public
Hooker Oak Elementary School
1238 arbutus ave
chico, CA, 95926
K-5Public
B+
Oakdale
290 e ave
chico, CA, 95926
K-12Public
B
Oak Bridge Academy
1950 e 20th st ste 727
chico, CA, 95928
K-12Public
Neighborhood
The Avenues | Chico, CA
Getting around Chico near 703 W 2nd Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 703 W 2nd Ave, Chico
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 703 W 2nd Ave
Warner Street Grocery
1147 Warner St
Safeway
1016 W Sacramento Ave
Gojo
735 Nord Ave
Nord Avenue Market
409 Nord Ave
Asian Market
347 Nord Ave
Bootleg Buy Sell Trade
126 W 2nd Ave
Trifect Apparel
406 Nord Ave
Red Room Tattoo
231 Nord Ave
Alterations Plus
1925 Esplanade
Yesca Clothing
1145 W 2nd St
Early Bird Donuts Chico
1008 W Sacramento Ave
Mondo's Cafe
995 Nord Ave
Mondos Coffeehouse
995 Nord Ave
Cal Java Coffee Roasters
1601 Esplanade
Dutch Bros Coffee
1733 Esplanade
Red Tavern
1250 Esplanade
Nash's Restaurant
1717 Esplanade
Panighetti's Eatery Inc
1851 Esplanade
Oasis Bar & Grill
1007 W 1st St
Tres Hombres Long Bar & Grill
100 Broadway St
K Organics
2240 Citrus Ave
Denine's Cupcakes
116 Broadway St
Upper Crust Bakery
130 Main St
Blue Lotus Bakery
276 E 8th Ave
Joker's Bakery LLC
220 Broadway St
Recreation Ground
Playground
Game Field 6&7
Dog Park
Dog Park
Coco's Ramen
1008 W Sacramento Ave
Early Bird Donuts Chico
1008 W Sacramento Ave
I Fish Poke Bar
1008 W Sacramento Ave
La Familia Restaurant
1008 W Sacramento Ave
La Flor Michoacana Homemade
1008 W Sacramento Ave
W 1st Ave / Warner
Cedar Loop
Warner St / 2nd Ave
Cedar Loop
Warner / W 1st Ave
Cedar Loop
W 4th Ave / Cherry St
Cedar Loop
N Cedar St / 2nd Ave
Cedar Loop
Chico Amtrak
Coast Starlight
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