
Cheap Apartments for Rent in Challis, ID from $600 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Challis.


The Riverside

310 Thatcher

Welcome Way Apartments

The B Side

Jefferson West

Ascent BoDo

The Owyhee Apartments
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.

Ascent East End

Vanguard

Cambridge Dorchester

Clearwater Apartments

Carriage Crossing Apartments

Highland Springs

Gibson | 5th & Idaho

Arbor Crossing
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.

Jules on 3rd

Broadstone Saratoga

Huntington

Riverline

River Quarry Apartments

The Timbers at Harris Ranch

Arboretum at Barber Station

The Mill at Loggers Creek
Cash 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.

Columbia Village

Lido Apartment Homes @ Hailey, ID

803 S Washington St

216 S California St

Creek Bend

The 951

890 2nd St

27th Street Crossing
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.

701 W Pennsylvania St

The Martha

Catalpa Residences

Cortland on the River

2141 S Stephen Ave

3519 N Woody Ln

776 W Pennsylvania St

323 W Jefferson St
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.

3558 E Grand Forest Dr

3566 E Grand Forest Dr

2085 Brittany Ln

3688 S Durham Way
Challis, ID Local Guide

How much does it cost to rent an apartment in Challis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Challis Studio Apartments | $1,684 | $1,029 | $2,331 |
| Challis 1 Bedroom Apartments | $2,164 | $1,095 | $3,683 |
| Challis 2 Bedroom Apartments | $2,686 | $1,195 | $6,620 |
| Challis 3 Bedroom Apartments | $2,756 | $605 | $9,482 |
Browse Top Apartments in Challis
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Challis, ID Local Guide
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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. Jefferson West in the Veterans Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here is today’s list of the most affordable Challis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Welcome Way Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,198 |
| Jefferson West | 1 Bed 1 Bath Medium | 1BR,1BA | $1,230 |
| Clearwater Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,395 |
| Highland Springs | The Waterside | 2BR,1BA | $1,510 |
| Broadstone Saratoga | Franklin | Studio,1BA | $1,577 |
| River Quarry Apartments | Plan A1 | 1BR,1BA | $1,720 |
| Lido Apartment Homes @ Hailey, ID | 1 Bed 1 Bath | 1BR,1BA | $1,875 |
| The District at Parkcenter | A1 | 1BR,1BA | $1,940 |
| Arthur | S2 | Studio,1BA | $1,995 |
| Saddle Lofts Apartments | 1x1 w/ Den 702sf Type B | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Challis, ID and Nearby
As of June 13, 2026 the best value apartment in the Challis area is the $2.07 price per square foot 3x3B Model at Ash & River in the in the Downtown Boise neighborhood starting from $2,475. The second greatest value Challis apartment is the 2x2C Model at Riverline starting at $2,350 with a $2.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ash & River | 3x3B | 3BR,3BA | $2.07 |
| Riverline | 2x2C | 2BR,2BA | $2.35 |
| Highland Springs | The Waterside | 2BR,1BA | $1.72 |
| Clearwater Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.86 |
| Columbia Village | 1BR x 1BA Classic | 1BR,1BA | $2.27 |
| Saddle Lofts Apartments | 1x1 w/ Den 702sf Type B | 1BR,1BA | $2.84 |
| Lido Apartment Homes @ Hailey, ID | 1 Bed 1 Bath | 1BR,1BA | $2.70 |
| The District at Parkcenter | A1 | 1BR,1BA | $2.85 |
| River Quarry Apartments | Plan A1 | 1BR,1BA | $3.13 |
| Jefferson West | 1 Bed 1 Bath Medium | 1BR,1BA | $2.56 |
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.
Read ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Challis, ID Rentals by Map
See the most popular apartments and homes in Challis, ID
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 Broadstone Saratoga listed at $1,822.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.