Cheap Homes for Rent near Downey, ID from $300 (11 Rentals)

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property at 421 N Hooper Ave

$375 - $1,329

Studio To 3 Bedroom Rentals

Available Now

421 N Hooper Ave

Soda SpringsID83276

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.

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.

Downey, ID Local Guide

Cheapest Available Downey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Downey, ID is a Studio unit found at Gate City Apartments priced from $500. 538 N. Main Street has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Downey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gate City Apartments0BR/1.0BAStudio,1BA$500
538 N. Main Street0BR/1.0BAStudio,1BA$675
1333 N Main St0BR/1.0BAStudio,1BA$675
Station Square1 Bed, 1 bath1BR,1BA$695
Center Street0BR/1.0BAStudio,1BA$695

Best Value Apartments for Rent in Downey, ID and Nearby

As of July 10, 2026 the best value apartment in the Downey area is the $0.90 price per square foot 3 Beds, 2.5 baths Model at Jasper Loop in the starting from $1,875. The second greatest value Downey apartment is the Meadow Model at Oak Meadows starting at $1,625 with a $1.19 price per square foot in the Bridger neighborhood. Here is today’s list of the best values for Downey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jasper Loop3 Beds, 2.5 baths3BR,2.5BA$0.90
Oak MeadowsMeadow3BR,2BA$1.19
Maple ValleyPhase 2 - 3 Bed 2 Bath 1st/3rd Level Granite & ...3BR,2BA$1.11
The FactoryBerkeley5BR,2BA$0.39
Canyon Cove Apartments2 Bedroom2BR,2BA$1.18
The Orchard on Oneida239-3 rooms3BR,2BA$1.18
Brooklane ApartmentsAnnex6BR,6BA$0.90
Railyard Apartments2-BD2BR,1BA$1.21
Katsilometes Courts1-BD1BR,1BA$1.06
Gate City Apartments0BR/1.0BAStudio ,1BA$1.00

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.

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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.

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

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Frequently Asked Questions about Downey

What type of rentals are currently available in Downey?

There are currently 60 Apartments for Rent in Downey, ID with pricing that ranges from $325 to $2,666. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downey ranging from $375 to $2,599.

What is the current price range for Rental Homes in Downey?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downey ranges from $375 to $2,599 with an average monthly rent of $1,573.

How much are larger Three and Four Bedroom Rentals in Downey?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downey range from $440 to $2,666, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $445.

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 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.

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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.

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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.

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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.