
Cheap Apartments for Rent in American Falls, ID from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in American Falls.


Westport Apartments

538 N. Main Street

723 W. Lewis Street

Fargo Apartments

Rosewood

Center Street

The Fremont

629 Main
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Chicane Apartments at the Riverwalk

Black Feather Apartments

The Residences at Victory Ranch

420 S 6th Ave

Gate City Apartments

838 West Center Street

Pepperwood Village

609 J St

457 N Johnson Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1640 16th St

1160 South 4th Avenue

207 S Hayes

217 E 5th St

176 Willard Ave

925 Wilson Ave

217 W Sherman St

209 W 24th St

5033 Hawthorne Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Arbor Court Apartments

Pocatello Heights

394 Warren Ave

114 Teakwood St

1522 Bench Rd

906 B St

The Grove Apartments

245 W 20th St

640 Old Hwy 30 W
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

414 Pheasant Ridge Dr
American Falls, ID Local Guide

How much does it cost to rent an apartment in American Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| American Falls Studio Apartments | $867 | $625 | $1,314 |
| American Falls 1 Bedroom Apartments | $1,290 | $845 | $1,515 |
| American Falls 2 Bedroom Apartments | $1,602 | $900 | $1,895 |
| American Falls 3 Bedroom Apartments | $1,976 | $1,397 | $3,710 |
| American Falls 4 Bedroom Apartments | $1,295 | $1,295 | $1,295 |
Browse Top Apartments in American Falls
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American Falls, ID Local Guide
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Cheapest Available American Falls Apartments for Rent and Nearby
 The cheapest available apartment rental in American Falls, ID is a Studio unit found at 538 N. Main Street priced from $625. Gate City Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable American Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 538 N. Main Street | 0BR/1.0BA | Studio,1BA | $625 |
| Gate City Apartments | 0BR/1.0BA | Studio,1BA | $625 |
| 723 W. Lewis Street | 0BR/1.0BA | Studio,1BA | $650 |
| Fargo Apartments | Studio small | Studio,1BA | $680 |
| Rosewood | 0BR/1.0BA | Studio,1BA | $695 |
| Center Street | 0BR/1.0BA | Studio,1BA | $745 |
| 1160 South 4th Avenue | 1BR/1.0BA | 1BR,1BA | $825 |
| 207 S Hayes | 2BR/1.0BA | 2BR,1BA | $845 |
| 629 Main | 1BR/1.0BA | 1BR,1BA | $845 |
| Chicane Apartments at the Riverwalk | 1 Bed 1 Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in American Falls, ID and Nearby
As of April 23, 2026 the best value apartment in the American Falls area is the $0.90 price per square foot 3 Beds, 2.5 baths Model at Jasper Loop in the starting from $1,875. The second greatest value American Falls apartment is the 3 Bed 2.5 Bath Model at Valo at Bellin Townhomes starting at $2,050 with a $1.16 price per square foot . Here is today’s list of the best values for American Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jasper Loop | 3 Beds, 2.5 baths | 3BR,2.5BA | $0.90 |
| Valo at Bellin Townhomes | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.16 |
| Skyline Manor | 3 Beds, 2.5 Baths | 3BR,2.5BA | $0.92 |
| Southbridge Townhomes | 2x2.5 B2 - 2 Car Garage (Marion) | 2BR,2.5BA | $1.17 |
| Kirkwood Meadows | 2 Bed 1 Bath | 2BR,1BA | $1.30 |
| 207 S Hayes | 2BR/1.0BA | 2BR,1BA | $1.21 |
| 1160 South 4th Avenue | 1BR/1.0BA | 1BR,1BA | $1.38 |
| Gate City Apartments | 0BR/1.0BA | Studio ,1BA | $1.25 |
| Rosewood | 0BR/1.0BA | Studio ,1BA | $1.39 |
| 723 W. Lewis Street | 0BR/1.0BA | Studio ,1BA | $1.30 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in American Falls, ID
Hillcrest Elementary School
William Thomas Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore American Falls, ID Rentals by Map
See the most popular apartments and homes in American Falls, ID
Frequently Asked Questions about Cheap American Falls Apartments
What is the Cheapest Studio apartment in American Falls?
Currently the most affordable Cheap Studio Apartment in American Falls is at 538 N. Main Street listed at $625.
How much is rent for a Cheap One Bedroom American Falls Apartment?
The lowest price for a Cheap One Bedroom American Falls Apartment is $810 at Fargo Apartments.
What is the lowest price for a Cheap Two Bedroom American Falls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in American Falls is starting from $845 at 207 S Hayes.
What is the most affordable American Falls Three Bedroom Apartment?
The best deal on a cheap American Falls Three Bedroom Apartment rental is at Black Feather Apartments and starts from $1,397.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.