
Cheap Apartments for Rent near Fernan Lake Village, ID from $950 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Fernan Lake Village.


1017 N 12th St

118 15th St

1411 E Sherman Ave

The Lake

The Grove
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.

1920-1926 E Front Ave

1121 E Mullan Ave

1909 N 13th St

1212 E Sherman Ave

1410 E Ash Ave

718 N 10th St
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.

518 S 10th Pl

Lake Villa Apartments

2585 Lilly Dr

824 N 15th St

219 E Coeur D'Alene Lake Dr

Royal Arms
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.

403 S 11th St

3558 N 15th St

1023 & 1025

The Lofts

801 E Harrison Ave

1410 Cherrywood Dr
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.

208 E Harrison Ave

6670 N Spurwing Loop
Fernan Lake Village, ID Local Guide

How much does it cost to rent an apartment in Fernan Lake Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fernan Lake Village Studio Apartments | $1,248 | $950 | $1,595 |
| Fernan Lake Village 1 Bedroom Apartments | $1,764 | $1,295 | $3,319 |
| Fernan Lake Village 2 Bedroom Apartments | $1,756 | $1,550 | $2,195 |
| Fernan Lake Village 3 Bedroom Apartments | $2,410 | $1,750 | $3,395 |
| Fernan Lake Village 4 Bedroom Apartments | $3,436 | $2,695 | $4,177 |
Browse Top Apartments in Fernan Lake Village
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Fernan Lake Village, ID Local Guide
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Cheapest Available Fernan Lake Village Apartments for Rent and Nearby
 The cheapest available apartment rental in Fernan Lake Village, ID is a 1 Bed unit found at 1023 & 1025 in the Riverstone neighborhood priced from $1,450. The Lofts in the Riverstone neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Fernan Lake Village apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1023 & 1025 | 1BR/1.0BA | 1BR,1BA | $1,450 |
| The Lofts | 1BR/1.0BA | 1BR,1BA | $1,450 |
| The Grove | 3 Bedroom | 3BR,2BA | $1,500 |
| The Lake | 2 Bedroom 1 Bath | 2BR,1BA | $1,895 |
| The Foundry | Three Bedroom 2.5 Bathroom | 3BR,2BA | $2,495 |
Best Value Apartments for Rent in Fernan Lake Village, ID and Nearby
As of September 07, 2026 the best value apartment in the Fernan Lake Village area is the $1.78 price per square foot 3 Bed 2.5 Bath Model at The Foundry in the in the Riverstone neighborhood starting from $2,495. The second greatest value Fernan Lake Village apartment is the 2 Bedroom 1 Bath Model at The Lake starting at $1,895 with a $2.00 price per square foot in the Riverstone neighborhood. Here is today’s list of the best values for Fernan Lake Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Foundry | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.78 |
| The Lake | 2 Bedroom 1 Bath | 2BR,1BA | $2.00 |
| The Grove | 1 Bedroom | 1BR,1BA | $2.00 |
| 1023 & 1025 | 1BR/1.0BA | 1BR,1BA | $2.07 |
| The Lofts | 1BR/1.0BA | 1BR,1BA | $2.69 |
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 Fernan Lake Village, ID Rentals by Map
See the most popular apartments and homes in Fernan Lake Village, ID
Frequently Asked Questions about Cheap Fernan Lake Village Apartments
How much is rent for a Cheap One Bedroom Fernan Lake Village Apartment?
The lowest price for a Cheap One Bedroom Fernan Lake Village Apartment is $1,450 at 1023 & 1025.
What is the lowest price for a Cheap Two Bedroom Fernan Lake Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fernan Lake Village is starting from $1,500 at The Grove.
What is the most affordable Fernan Lake Village Three Bedroom Apartment?
The best deal on a cheap Fernan Lake Village Three Bedroom Apartment rental is at The Grove and starts from $1,500.
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.