
Cheap Apartments for Rent near Cobalt, ID from $1,029 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Cobalt.


310 Thatcher

Ascent BoDo

Jefferson West

The Owyhee Apartments

Vanguard

Silver Bay Apartments

The B Side

105 Owsley Ln

Haven on State
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.

Ascent East End

Limelight Village

Highland Springs

Jules on 3rd

Gibson | 5th & Idaho

The Edge at State | Apartments & Townhomes

Retreat at Silvercloud

Broadstone Saratoga

1133 Delaware Ave
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.

Total Monthly Price
Kensington Apartments

Arbor Crossing

803 S Washington St

531 W River Rd

165 Martin St

820 N Montana St

Meadowlark Senior Apartments

213 Locust St

311 Adams St

721 Birch 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.

Welcome Way Apartments

202 Fern Ln

1528 A St

515 James St

143 Ward Rd

27th Street Crossing

Clearwater Apartments

957 N Shoshone Loop

2205 Locust St

112 S Main St
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.

The Martha

2014 Reynolds Ave

175 Old Corvallis Rd

Cambridge Dorchester Apartment Homes

Catalpa Residences

Summerwinds Townhomes

643 Grantsdale Rd

500 E Commercial Ave

201 Hobson Ave

308 S 4th St
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.
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 | $1,888 | $1,029 | $10,000+ |
| Cobalt 1 Bedroom Apartments | $2,032 | $1,225 | $3,683 |
| Cobalt 2 Bedroom Apartments | $2,609 | $1,370 | $10,000+ |
| Cobalt 3 Bedroom Apartments | $2,844 | $1,960 | $9,482 |
| Cobalt 4 Bedroom Apartments | $2,893 | $2,747 | $3,187 |
Browse Top Apartments in Cobalt
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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 2 Beds unit found at Highland Springs in the Harrison Blvd neighborhood priced from $1,510. Kensington Apartments in the Northwest Garden City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,611. Here is today’s list of the most affordable Cobalt apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Springs | The Waterside | 2BR,1BA | $1,510 |
| Kensington Apartments | Ash | 1BR,1BA | $1,611 |
| Edgewater Apartments | 2BR x 2BA Renovated | 2BR,2BA | $1,727 |
| Arbor Crossing | 2x1 B | 2BR,1BA | $1,754 |
| Cambridge Dorchester Apartment Homes | Beaumont | 2BR,1BA | $1,795 |
| Broadstone Saratoga | Empire | 1BR,1BA | $2,135 |
| Arthur | S2 | Studio,1BA | $2,165 |
| Arboretum at Barber Station | 2B - Two Bedroom | 2BR,2BA | $2,250 |
Best Value Apartments for Rent in Cobalt, ID and Nearby
As of September 13, 2026 the best value apartment in the Cobalt area is the $2.14 price per square foot 2B - Two Bedroom Model at Arboretum at Barber Station in the in the Southeast Boise neighborhood starting from $2,250. The second greatest value Cobalt 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 Cobalt apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arboretum at Barber Station | 2B - Two Bedroom | 2BR,2BA | $2.14 |
| Arthur | A9d | 2BR,1BA | $5.13 |
| Cambridge Dorchester Apartment Homes | Beaumont | 2BR,1.5BA | $1.81 |
| Edgewater Apartments | 2BR X 1BA Renovated | 2BR,1BA | $2.01 |
| Highland Springs | The Waterside | 2BR,1BA | $1.72 |
| Arbor Crossing | 2x1 B | 2BR,1BA | $2.29 |
| Kensington Apartments | Alder | 1BR,1BA | $2.64 |
| Broadstone Saratoga | Patterson | 1BR,1BA | $3.88 |
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 ArticleNavigating 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.
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 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 Arthur listed at $2,165.
How much is rent for a Cheap One Bedroom Cobalt Apartment?
The lowest price for a Cheap One Bedroom Cobalt Apartment is $1,230 at Jefferson West.
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 $1,510 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 $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

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.

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.

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.

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.
