5+ Days Ago
Location
703 W 2nd Ave, Chico, CA 95926, USA|The Avenues
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Property Overview
4 Lanterns receives a strong overall Zumper expert rating of 8.2, highlighting its attractiveness to renters. The property excels with a perfect amenities rating of 10 and a location rating of 9, ensuring residents have access to valuable resources and services. Additionally, it maintains high quality and trustworthiness ratings, underscoring its commitment to transparency and an exceptional living experience, while being conveniently located near a top-rated high school.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Laundry available on site
Floor plans
| Available NOW! - Room/Individual Lease | 1 bed | 0 bath | $525 /mo | 1 unit available |
Let's explore this property.
Amenities for 4 Lanterns
Apartment Amenities
| Air Conditioning | Ceiling Fan |
| Central Heat | Luxury Vinyl Plank Flooring |
Appliances
| Central Heat & Air | Dishwasher |
| Garbage Disposal | Range |
| Refrigerator | Stainless Steel Appliances |
| Stove |
Building
| Onsite Laundry |
Grounds
| Off-Street Parking | Park Like Setting |
Services
| Landscaping Service | Trash Service |
| Water & Sewer Service |
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
Contact for more information on pet policy.
Building details
Property details
| Units | 4 |
|---|
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About 4 Lanterns
4 Lanterns cost $525 per month. A couple amenities for this apartment building include but are not limited to: on-site laundry. Located at 703 W 2nd Ave, Chico, CA 95926, USA, 4 Lanterns has 1 bedroom units available. Based on the average rent price of 1 bedroom in Chico, renting an apartment at 4 Lanterns is 59% cheaper per month.
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.
8.2
/10
Very GoodWith a solid 8.2 out of 10 overall, 4 Lanterns is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, 4 Lanterns has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
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 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·10A 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 stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
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 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·9A 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.
4 Lanterns has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
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Rent trends in The Avenues
1-bedroom apartments at 4 Lanterns cost about 49% less than the average rent price for 1-bedroom apartments in The Avenues.
Median rents as of Sep 27 2025.
The Avenues
Chico
| Month | Median Rent |
|---|---|
| October 2023 | $1,013 |
| November 2023 | $960 |
| December 2023 | $993 |
| January 2024 | $995 |
| February 2024 | $995 |
| March 2024 | $995 |
| April 2024 | $995 |
| May 2024 | $995 |
| June 2024 | $995 |
| July 2024 | $963 |
| August 2024 | $995 |
| September 2024 | $1,008 |
| October 2024 | $998 |
| November 2024 | $1,037 |
| 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 | $980 |
| Month | Median Rent |
|---|---|
| February 2024 | $995 |
| March 2024 | $995 |
| April 2024 | $995 |
| May 2024 | $983 |
| June 2024 | $995 |
| July 2024 | $995 |
| August 2024 | $967 |
| September 2024 | $995 |
| October 2024 | $995 |
| January 2025 | $895 |
| February 2025 | $985 |
| March 2025 | $995 |
| April 2025 | $995 |
| May 2025 | $995 |
| August 2025 | $950 |
| September 2025 | $983 |
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
$21,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $21,000 annually to afford this 1-bedroom monthly rent price of $525.
For more information on rent affordability, visit our rent calculator.
Schools near 4 Lanterns
Citrus Avenue Elementary School
1350 citrus ave
chico, CA, 95926
K-5Public
B-
Hooker Oak Elementary School
1238 arbutus ave
chico, CA, 95926
K-5Public
B+
Oakdale
290 e ave
chico, CA, 95926
K-12Public
B
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Internet available near 4 Lanterns
Neighborhood
The Avenues | Chico, CA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Chico near 703 W 2nd Ave
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Points of interest for 703 W 2nd Ave, Chico
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
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