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modified
13 Hours Ago

Location

703 Salem St, Chico, CA 95928, USA|Downtown Chico
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Contact

Management

Equity Portfolio Trust Chico Properties

Leasing office

(530) 924-5604 ext. 2

Property Overview

703 Salem Street is a highly rated rental option, earning a 7.4/10 overall with standout scores of 9/10 for both amenities and location, and 8/10 for trustworthiness thanks to its detailed, transparent listing. Residents benefit from strong nearby school options and exceptional convenience to restaurants, cultural venues, coworking spaces, and everyday services, all within a walkable area. The property is also well-suited to pet owners and people working from home, with pet-friendly features, high-speed internet, and a generally quiet environment.

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.

Zumper Expert Rating

7.4
Very Good
703 Salem Street 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.

Things you’ll love

  • High school nearby
  • Middle school nearby

Great for

  • Social life
  • Work-from-home
  • Pet owners

Floor plans

0BR/2.0BAStudio2 bath200 sqft$575 /mo1 unit availableCheck out this beautiful studio apartment that is more affordable than renting a single bedroom! This adorable and clean studio apartment is a stone's throw to Chico State and downtown, ideal for a student! This top floor apartment is located in a historic building on the outskirts of downtown but still close to it all. - Plank hardwood flooring - 12 foot ceilings for a loft-like feel - Fully-contained kitchenette with gas range and refrigerator - Ceiling fan and air conditioner, central heating - Apartment shares two marble-tiled bathrooms with other studios. The bathrooms are cleaned weekly. - On-site laundry - Plenty of free street parking available! Due to our shared bathrooms, we do prefer FEMALE Applicants. Monthly rent is $500 + $20 for water. Heat, garbage and sewer are included. You are responsible for PG&E and internet for your studio. No indoor smoking, one cat considered with a pet fee. Please don't hesitate to contact us for a showing or if you have any questions!

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Amenities for 703 Salem Street

Apartment Amenities

Ceiling Fan

Appliances

FridgeOven
RangeRefrigerator
Stove/Oven

Building

Cats OK
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

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units11
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About 703 Salem Street

HomeApartments in ChicoDowntown Chico 703 Salem Street

Check out this beautiful studio apartment that is more affordable than renting a single bedroom! This adorable and clean studio apartment is a stone's throw to Chico State and downtown, ideal for a student! This top floor apartment is located in a historic building on the outskirts of downtown but still close to it all. - Plank hardwood flooring - 12 foot ceilings for a loft-like feel - Fully-contained kitchenette with gas range and refrigerator - Ceiling fan and air conditioner, central heating - Apartment shares two marble-tiled bathrooms with other studios. The bathrooms are cleaned weekly. - On-site laundry - Plenty of free street parking available! Due to our shared bathrooms, we do prefer FEMALE Applicants. Monthly rent is $500 + $20 for water. Heat, garbage and sewer are included. You are responsible for PG&E and internet for your studio. No indoor smoking, one cat considered with a pet fee. Please don't hesitate to contact us for a showing or if you have any questions!


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.
7.4
/10
Very Good
703 Salem Street 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.
How we rated 703 Salem Street
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.
703 Salem Street 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.
703 Salem Street goes above and beyond to provide sought-after conveniences and desirable perks, including cats allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 703 Salem Street 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.
703 Salem Street 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 703 Salem Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.

703 Salem Street is great for:

Social life

  • 156 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • 64 museums, art galleries, or cultural centers within 1 mile
  • 27 local event hubs within 1 mile

Work-from-home

  • High speed internet is an amenity
  • Quiet environment with little noise pollution
  • 3 office supply stores within 1 mile
  • 1 coworking space or cafe within 1 mile

Pet owners

  • Pet deposit required
  • Tile, vinyl or hardwood floors
  • 1 dog park within 1 mile
  • 6 pet supply stores near the property

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 703 Salem Street compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Downtown Chico

studio apartments at 703 Salem Street cost about 4% less than the average rent price for studio apartments in Downtown Chico.

Median rents as of May 16 2026.
Downtown Chico
Chico
A table of studio rental data trends in Chico
MonthMedian Rent
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$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$1,022
A table of studio rental data trends in Downtown Chico
MonthMedian Rent
December 2025$600
January 2026$600

Affordability calculator

Can I afford to live at 703 Salem St?

Bedrooms

Studio

Rent-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

$23,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $23,000 annually to afford this studio monthly rent price of $575.
For more information on rent affordability, visit our rent calculator.

Schools near 703 Salem Street

Butte County Community School - Lead

601 wall st

chico, CA, 95928

K-12Public

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+

Oak Bridge Academy

1950 e 20th st ste 727

chico, CA, 95928

K-12Public

Oakdale

290 e ave

chico, CA, 95926

K-12Public
B
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Internet available near 703 Salem Street

Getting around Chico near 703 Salem St

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.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 703 Salem St, Chico

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Nightlife

5/10
Some bars within a few minutes’ walk

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