
Cheap Homes for Rent near Elk River, ID from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Elk River.


102 N 3rd 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.

1645 NE Merman Dr

219 E Coeur D'Alene Lake Dr
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.

1 Kellys Aly
Elk River, ID Local Guide

How much does it cost to rent a home in Elk River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elk River 2 Bedroom Homes for Rent | $1,549 | $1,000 | $2,150 |
| Elk River 3 Bedroom Homes for Rent | $2,360 | $1,800 | $4,000 |
| Elk River 4 Bedroom Homes for Rent | $2,426 | $1,975 | $3,150 |
Browse Top Homes for Rent in Elk River
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Elk River, ID Local Guide
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Cheapest Available Elk River Apartments for Rent and Nearby
 The cheapest available apartment rental in Elk River, ID is a 5 Beds unit found at Coug Housing priced from $399. Timberline on the Green has the second lowest priced unit, which is a 4 Beds apartment currently listed from $455. Here is today’s list of the most affordable Elk River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Coug Housing | Oak Street - 5X2 | 5BR,2BA | $399 |
| Timberline on the Green | 4BR/2BA | 4BR,2BA | $455 |
| NORTHWOOD MANOR | Two Bedroom One Bath | 2BR,1BA | $599 |
Best Value Apartments for Rent in Elk River, ID and Nearby
As of July 15, 2026 the best value apartment in the Elk River area is the $0.37 price per square foot 3 Beds, 2 baths Model at Cougar Crest Apartments in the starting from $460. The second greatest value Elk River apartment is the 2bed/1.5 Bath Model at REANEY PARK starting at $1,298 with a $1.18 price per square foot . Here is today’s list of the best values for Elk River apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cougar Crest Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.37 |
| REANEY PARK | 2bed/1.5 Bath | 2BR,1.5BA | $1.18 |
| Courtyard Heights | 4 Bedroom | 4BR,2BA | $0.50 |
| Riverstone Place Apartments | 2 Bedroom | 2BR,1.5BA | $1.26 |
| Silver Leaf Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.18 |
| The Grove at Pullman | 2BR/2BA | 2BR,2BA | $0.86 |
| Timberline on the Green | 2BR/2BA - Suite | 2BR,2BA | $0.85 |
| NORTHWOOD MANOR | Two Bedroom One Bath | 2BR,1BA | $0.72 |
| 340 S Grand Ave | 1BR/1BA | 1BR,1BA | $1.25 |
| OUTLOOK | Two Bedroom One Bath | 2BR,1BA | $1.06 |
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 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 Elk River
What type of rentals are currently available in Elk River?
There are currently 71 Apartments for Rent in Elk River, ID with pricing that ranges from $455 to $4,250. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk River ranging from $1,000 to $4,000.
What is the current price range for Rental Homes in Elk River?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elk River ranges from $1,000 to $4,000 with an average monthly rent of $1,964.
How much are larger Three and Four Bedroom Rentals in Elk River?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elk River range from $485 to $3,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,975 and Four Bedroom Apartments start at $455.
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

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.

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.

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.

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.