
Cheap Homes for Rent in American Falls, ID from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in American Falls.


605 N Hayes Ave

1414 N Garfield Ave
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.

143 Parrish Ln

182 Adams St

322 Fredregill Rd
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.
American Falls, ID Local Guide

How much does it cost to rent a home in American Falls?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
American Falls 2 Bedroom Homes for Rent | $1,114 | $895 | $1,425 |
American Falls 3 Bedroom Homes for Rent | $1,733 | $1,200 | $2,450 |
American Falls 4 Bedroom Homes for Rent | $2,145 | $1,899 | $2,499 |
American Falls 5 Bedroom Homes for Rent | $2,366 | $2,099 | $2,800 |
American Falls 6 Bedroom Homes for Rent | $2,599 | $2,599 | $2,599 |
Browse Top Homes for Rent 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 Gate City Apartments priced from $450. 538 N. Main Street 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 |
---|---|---|---|
Gate City Apartments | 0BR/1.0BA | Studio,1BA | $450 |
538 N. Main Street | 0BR/1.0BA | Studio,1BA | $625 |
723 W. Lewis Street | 0BR/1.0BA | Studio,1BA | $625 |
Best Value Apartments for Rent in American Falls, ID and Nearby
As of July 30, 2025 the best value apartment in the American Falls area is the $0.73 price per square foot Live/Work Model at Chicane Apartments at the Riverwalk in the in the Downtown Idaho Falls neighborhood starting from $1,750. The second greatest value American Falls apartment is the 2x2 TH Model at VALO at Olive Plaza starting at $1,799 with a $1.37 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. |
---|---|---|---|
Chicane Apartments at the Riverwalk | Live/Work | Studio ,1BA | $0.73 |
VALO at Olive Plaza | 2x2 TH | 2BR,2BA | $1.37 |
Sparrow Hill | 2 bedroom 2 bath | 2BR,2BA | $1.30 |
Sage Point Village | 2x2 - 3rd Floor - $1,375 | 2BR,2BA | $1.29 |
Teton Oasis Apartments | 2 Bedroom/ 2 Bath | 2BR,2BA | $1.39 |
Manchester United | 1 Bed, 1 bath | 1BR,1BA | $1.55 |
1160 South 4th Avenue | 1BR/1.0BA | 1BR,1BA | $1.38 |
Gate City Apartments | 0BR/1.0BA | Studio ,1BA | $0.90 |
723 W. Lewis Street | 0BR/1.0BA | Studio ,1BA | $1.25 |
Rosewood | 0BR/1.0BA | Studio ,1BA | $1.39 |
Quick Rent Budget Calculator
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Frequently Asked Questions about American Falls
What type of rentals are currently available in American Falls?
There are currently 54 Apartments for Rent in American Falls, ID with pricing that ranges from $450 to $7,086. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in American Falls ranging from $525 to $2,800.
What is the current price range for Rental Homes in American Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in American Falls ranges from $525 to $2,800 with an average monthly rent of $1,600.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.