Cheap Apartments for Rent near Challis, ID from $1,029 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Challis.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Creek Bend
Studio to 2 Bedroom Apartments

Creek Bend

1140-1161 S Colorado LnBoise, ID 83706

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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27th Street Crossing
1 to 2 Bedroom Apartments

27th Street Crossing

901 N 27th StBoise, ID 83702
Corporate Housing
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The Martha
Studio to 2 Bedroom Apartments

The Martha

1721 W Idaho StBoise, ID 83702
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Catalpa Residences
1 to 2 Bedroom Apartments

Catalpa Residences

4623 W Catalpa DrBoise, ID 83703
Corporate Housing

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.

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Showing Results 1-34, Page 1 of 1

Challis, ID Local Guide

Cheapest Available Challis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Challis, ID is a 1 Bed unit found at Jefferson West in the Veterans Park neighborhood priced from $1,230. Highland Springs in the Harrison Blvd neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,510. Here is today’s list of the most affordable Challis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jefferson West1 Bed 1 Bath Medium1BR,1BA$1,230
Highland SpringsThe Waterside2BR,1BA$1,510
Arbor Crossing2x1 B2BR,1BA$1,754
Cambridge Dorchester Apartment HomesBeaumont2BR,1BA$1,795
Lido Apartment Homes @ Hailey, ID1 Bed 1 Bath1BR,1BA$1,860
The District at ParkcenterA21BR,1BA$2,045
Broadstone SaratogaPatterson1BR,1BA$2,050
ArthurS2Studio,1BA$2,165

Best Value Apartments for Rent in Challis, ID and Nearby

As of September 11, 2026 the best value apartment in the Challis area is the $5.13 price per square foot A9d Model at Arthur in the in the Downtown Boise neighborhood starting from $5,142. The second greatest value Challis apartment is the Beaumont Model at Cambridge Dorchester Apartment Homes starting at $1,795 with a $1.81 price per square foot in the Southeast Boise neighborhood. Here is today’s list of the best values for Challis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ArthurA9d2BR,1BA$5.13
Cambridge Dorchester Apartment HomesBeaumont2BR,1.5BA$1.81
Highland SpringsThe Waterside2BR,1BA$1.72
The District at ParkcenterA21BR,1BA$2.64
Arbor Crossing2x1 B2BR,1BA$2.29
Lido Apartment Homes @ Hailey, ID1 Bed 1 Bath1BR,1BA$2.68
Broadstone SaratogaPatterson1BR,1BA$3.41
Jefferson West1 Bed 1 Bath Medium1BR,1BA$2.56
Iconic Village1X1s1BR,1BA$2.98

Don'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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Challis, ID Rentals by Map

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See the most popular apartments and homes in Challis, ID

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Frequently Asked Questions about Cheap Challis Apartments

What is the Cheapest Studio apartment in Challis?

Currently the most affordable Cheap Studio Apartment in Challis is at Arthur listed at $2,165.

How much is rent for a Cheap One Bedroom Challis Apartment?

The lowest price for a Cheap One Bedroom Challis Apartment is $1,230 at Jefferson West.

What is the lowest price for a Cheap Two Bedroom Challis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Challis is starting from $1,510 at Highland Springs.

What is the most affordable Challis Three Bedroom Apartment?

The best deal on a cheap Challis Three Bedroom Apartment rental is at Arbor Crossing and starts from $2,160.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.