Cheap Apartments for Rent near Challis, ID from $1,000 (44 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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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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Creek Bend
Studio to 2 Bedroom Apartments

Creek Bend

1140-1161 S Colorado LnBoise, ID 83706
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The 951
1 to 2 Bedroom Apartments

The 951

951 E Front StBoise, ID 83712
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27th Street Crossing
1 to 2 Bedroom Apartments

27th Street Crossing

901 N 27th StBoise, ID 83702
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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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
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Ash & River
1 to 3 Bedroom Apartments

Ash & River

503-505 Ash StBoise, ID 83702
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Cortland on the River
Studio to 2 Bedroom Apartments

Cortland on the River

749 E Park BlvdBoise, ID 83712
Corporate Housing

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.

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Showing Results 1-44, 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 Welcome Way Apartments priced from $1,198. Clearwater Apartments in the Southeast Boise neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Challis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Welcome Way Apartments1 Bed, 1 bath1BR,1BA$1,198
Clearwater Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,395
Highland SpringsThe Waterside2BR,1BA$1,510
Gibson | 5th & IdahoStudioStudio,1BA$1,699
Broadstone SaratogaFranklinStudio,1BA$1,842
Arboretum at Barber Station1B - One Bedroom1BR,1BA$1,935
The District at ParkcenterA11BR,1BA$2,020
Saddle Lofts Apartments2x1 872sf2BR,1BA$2,134
ArthurS2Studio,1BA$2,165
River Quarry ApartmentsPlan C2BR,2BA$2,275

Best Value Apartments for Rent in Challis, ID and Nearby

As of July 28, 2026 the best value apartment in the Challis area is the $2.19 price per square foot Plan C Model at River Quarry Apartments in the in the Southeast Boise neighborhood starting from $2,275. The second greatest value Challis apartment is the A9d Model at Arthur starting at $5,142 with a $5.13 price per square foot in the Downtown 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.
River Quarry ApartmentsPlan C2BR,2BA$2.19
ArthurA9d2BR,1BA$5.13
Lido Apartment Homes @ Hailey, ID2 Bed 2 Bath2BR,2BA$2.64
Highland SpringsThe Waterside2BR,1BA$1.72
Saddle Lofts Apartments2x1 872sf2BR,1BA$2.45
Arboretum at Barber Station1B - One Bedroom1BR,1BA$2.43
Clearwater Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.86
The District at ParkcenterA11BR,1BA$2.97
Gibson | 5th & IdahoStudioStudio ,1BA$3.09
Broadstone SaratogaFranklinStudio ,1BA$3.72

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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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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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 Gibson | 5th & Idaho listed at $1,699.

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

The lowest price for a Cheap One Bedroom Challis Apartment is $1,198 at Welcome Way Apartments.

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 $1,498 at Welcome Way Apartments.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.