Cheap Apartments for Rent near Cobalt, ID from $800 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
The 951
1 to 2 Bedroom Apartments

The 951

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

27th Street Crossing

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

The Martha

1721 W Idaho StBoise, ID 83702

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.

Read Article
close
View Me
Catalpa Residences
1 to 2 Bedroom Apartments

Catalpa Residences

4623 W Catalpa DrBoise, ID 83703
Corporate Housing
close
View Me
Summerwinds Townhomes
2 to 3 Bedroom Apartments

Summerwinds Townhomes

7327 N Lucy Rose LnBoise, ID 83714
  • Utilities Included

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.

Read Article
Showing Results 1-42, Page 1 of 1

Cobalt, ID Local Guide

Cheapest Available Cobalt Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cobalt, ID is a 1 Bed unit found at Welcome Way Apartments priced from $1,198. Silver Bay Apartments in the West Bench neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,378. Here is today’s list of the most affordable Cobalt apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Welcome Way Apartments1 Bed, 1 bath1BR,1BA$1,198
Silver Bay ApartmentsCoastal1BR,1BA$1,378
Clearwater Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,395
Kensington ApartmentsAsh1BR,1BA$1,455
Highland SpringsThe Waterside2BR,1BA$1,510
Edgewater Apartments1BR X 1BA Renovated1BR,1BA$1,553
The Owyhee Apartments1B1BR,1BA$1,575
Gibson | 5th & IdahoStudioStudio,1BA$1,699
Broadstone SaratogaFranklinStudio,1BA$1,842
Retreat at SilvercloudSawtooth3BR,2BA$1,865

Best Value Apartments for Rent in Cobalt, ID and Nearby

As of July 29, 2026 the best value apartment in the Cobalt area is the $1.57 price per square foot Sawtooth Model at Retreat at Silvercloud in the in the Northwest Garden City neighborhood starting from $1,865. The second greatest value Cobalt apartment is the Plan C Model at River Quarry Apartments starting at $2,275 with a $2.19 price per square foot in the Southeast Boise neighborhood. Here is today’s list of the best values for Cobalt apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Retreat at SilvercloudSawtooth3BR,2BA$1.57
River Quarry ApartmentsPlan C2BR,2BA$2.19
Highland SpringsThe Waterside2BR,1BA$1.72
Arboretum at Barber Station1B - One Bedroom1BR,1BA$2.43
Kensington ApartmentsAlder1BR,1BA$2.44
Edgewater Apartments1BR X 1BA Renovated1BR,1BA$2.07
Clearwater Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.86
Silver Bay ApartmentsCoastal1BR,1BA$1.98
The Owyhee Apartments1B1BR,1BA$2.31
Gibson | 5th & IdahoStudioStudio ,1BA$3.09

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Cobalt, ID Rentals by Map

Decorative image of map

See the most popular apartments and homes in Cobalt, ID

View Map
Cobalt, ID Apartments Map
View Map
Cobalt, ID Rental Homes Map

Frequently Asked Questions about Cheap Cobalt Apartments

What is the Cheapest Studio apartment in Cobalt?

Currently the most affordable Cheap Studio Apartment in Cobalt is at Gibson | 5th & Idaho listed at $1,699.

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Cobalt 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.