
Cheap Homes for Rent near Cobalt, ID from $550 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Cobalt.


531 W River Rd

165 Martin St

820 N Montana St

213 Locust St

311 Adams St

721 Birch St

202 Fern Ln
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.

1528 A St

515 James St

143 Ward Rd

957 N Shoshone Loop

2205 Locust St

105 Owsley Ln

112 S Main St

2014 Reynolds 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.

175 Old Corvallis Rd

308 S 4th St

1133 Delaware Ave

221 Chestnut St

201 Hobson Ave

643 Grantsdale Rd

500 E Commercial Ave

1110 Smith 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.
Cobalt, ID Local Guide

How much does it cost to rent a home in Cobalt?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cobalt 2 Bedroom Homes for Rent | $1,601 | $850 | $2,900 |
| Cobalt 3 Bedroom Homes for Rent | $2,833 | $1,450 | $7,800 |
| Cobalt 4 Bedroom Homes for Rent | $9,500 | $9,500 | $9,500 |
| Cobalt 6 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
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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 |
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!
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Frequently Asked Questions about Cobalt
What type of rentals are currently available in Cobalt?
There are currently 41 Apartments for Rent in Cobalt, ID with pricing that ranges from $1,029 to $12,000. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cobalt ranging from $550 to $9,500.
What is the current price range for Rental Homes in Cobalt?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cobalt ranges from $550 to $9,500 with an average monthly rent of $1,808.
How much are larger Three and Four Bedroom Rentals in Cobalt?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cobalt range from $1,960 to $9,482, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $7,800. Four Bedroom Single-Family rentals are also available starting from $9,500 and Four Bedroom Apartments start at $2,747.
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.