Quavo Huncho received generally mixed reviews from music critics. In one review, Neil Yeung of AllMusic believed Quavo Huncho "struggles to maintain momentum. Like many contemporaries, the album is overly bloated – designed for high streaming counts – and could use some trimming. With a mostly forgettable first half and a strong second half, sharper attention to editing could have made this a stronger album. Otherwise, Quavo Huncho is enjoyable but unmemorable. It's not quite a Migos album, but it comes close enough to tide fans over until album number four." Paul Thompson of Pitchfork concluded that Quavo Huncho is "flat and nearly anonymous", consisting of "passable, professional songs that are barely moving and pale when compared to nearly any full-length Migos record." Thompson added that the album is "so ordinary, so uniquely uninspiring that it makes it difficult to imagine a solo work from Quavo that would truly grip our attention." Kassandra Guagliardi of Exclaim! concluded that "By the end of the project, Quavo Huncho begins to feel more like a mixtape, with Quavo popping out to add a few unenergetic verses and repetitive adlibs rather than a strong solo debut. Quavo Huncho's individual features provide more of a draw than every solo track combined, proving that Quavo still needs some time to grow and develop as a solo artist." Thomas Hobbs of Highsnobiety complimented the album's production and guest appearances but criticised Quavo's performance and lyricism: "The reality could be that we're starting to suffer from Migos fatigue; the group's reliance on trap beats and repetitive, catchy, hooks is starting to feel more and more one note. Quavo Huncho serves as a warning that the group must start to show more development in their sound or risk alienating rap fans, who might be getting bored with their sole formula."
Quavo Huncho initially debuted at number 66 on the US Billboard 200 with sales from less than a day of activity; it ascended to number two the following week after a full week of tracking, which included 99,000 album-equivalent units (of which 6,000 came from pure album sales). The album dropped to the number 11 in its next week, earning an additional 40,000 album-equivalent units. In the third week the album dropped down to number #16, selling another 27,400 copies (streams and sales).