
Cheap Apartments for Rent in Cobalt, ID from $800 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Cobalt.


310 Thatcher

Welcome Way Apartments

The B Side

The Owyhee Apartments

Ascent East End

Vanguard

Haven on State
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.

Jules on 3rd

Silver Bay Apartments

Cambridge Dorchester Apartment Homes

The Edge at State | Apartments & Townhomes

Clearwater Apartments

Highland Springs

Limelight Village

Gibson | 5th & Idaho
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.

Edgewater Apartments

Total Monthly Price
Kensington Apartments

Retreat at Silvercloud

Arboretum at Barber Station

Broadstone Saratoga

River Quarry Apartments

803 S Washington St

326 Lost River 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.

Meadowlark Senior Apartments

617 N San Felipe Dr

201 Hobson Ave

The 951

675 S Main St

280 Salmonfly Dr

1612 N 30th St N

27th Street Crossing
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.

318 Doran Ln

The Martha

Catalpa Residences

973 N Main St

Summerwinds Townhomes

Saddle Lofts Apartments

3519 N Woody Ln

3950 Cambria Way
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Cobalt, ID Local Guide

How much does it cost to rent an apartment in Cobalt?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cobalt Studio Apartments | $1,755 | $1,029 | $10,000+ |
| Cobalt 1 Bedroom Apartments | $2,207 | $1,198 | $3,683 |
| Cobalt 2 Bedroom Apartments | $2,650 | $1,335 | $10,000+ |
| Cobalt 3 Bedroom Apartments | $3,194 | $1,875 | $9,482 |
| Cobalt 4 Bedroom Apartments | $2,052 | $1,235 | $3,004 |
Browse Top Apartments in Cobalt
See all Apartments in CobaltExplore Cobalt
Cobalt, ID Local Guide
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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. Vanguard in the Downtown Boise neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Cobalt apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Welcome Way Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,198 |
| Vanguard | 0x1A | Studio,1BA | $1,300 |
| Cambridge Dorchester Apartment Homes | Dorchester Up | 1BR,1BA | $1,340 |
| The Edge at State | Apartments & Townhomes | Agate | 1BR,1BA | $1,385 |
| Clearwater Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,395 |
| Highland Springs | The Creekview | 1BR,1BA | $1,445 |
| Ascent East End | 2 Bed 1 Bath | 2BR,1BA | $1,545 |
| Broadstone Saratoga | Franklin | Studio,1BA | $1,592 |
| Kensington Apartments | Ash Select | 1BR,1BA | $1,602 |
| Edgewater Apartments | 2BR X 1BA Renovated | 2BR,1BA | $1,611 |
Best Value Apartments for Rent in Cobalt, ID and Nearby
As of April 29, 2026 the best value apartment in the Cobalt area is the $1.82 price per square foot 2BR x 2BA Renovated Model at Edgewater Apartments in the in the West Bench neighborhood starting from $1,913. The second greatest value Cobalt apartment is the 3x2 B Model at Arbor Crossing starting at $1,875 with a $1.97 price per square foot in the West Bench neighborhood. Here is today’s list of the best values for Cobalt apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Edgewater Apartments | 2BR x 2BA Renovated | 2BR,2BA | $1.82 |
| Arbor Crossing | 3x2 B | 3BR,2BA | $1.97 |
| Haven on State | Two Bedroom | 2BR,2BA | $1.61 |
| Silver Bay Apartments | Baja | 1BR,1BA | $1.84 |
| Clearwater Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.86 |
| The Edge at State | Apartments & Townhomes | Agate | 1BR,1BA | $1.89 |
| Kensington Apartments | Ash Select | 1BR,1BA | $2.24 |
| Highland Springs | The Creekview | 1BR,1BA | $2.06 |
| Cambridge Dorchester Apartment Homes | Dorchester Up | 1BR,1BA | $1.98 |
| Broadstone Saratoga | Patterson | 1BR,1BA | $3.43 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 Cobalt, ID Rentals by Map
See the most popular apartments and homes in Cobalt, ID
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 Vanguard listed at $1,300.
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 $1,490 at Highland Springs.
What is the most affordable Cobalt Three Bedroom Apartment?
The best deal on a cheap Cobalt Three Bedroom Apartment rental is at Arbor Crossing and starts from $1,875.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.