
Cheap Apartments for Rent near Fernwood, ID from $400 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Fernwood.


College Crest

NORTHWOOD MANOR

The Queen Aprtments

Total Monthly Price
The Empire

Creekside Apartments

Silver Leaf Apartments

The Meadows On Lauder
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.

Cougar Ridge Apartments

Total Monthly Price
Cedar Wood Estates I & II

Asbury 2

Fairwood

Riverstone Place Apartments

The Landing at Clearwater

North Star

849 N 4th 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.

Timber Place by the Lake - Fully Renovated

Trails End Apartments

Baker Square Apartments

The Landmark

The Lake

Styner Apartments

718 N 10th St

Hill Rental Properties
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.

Cedar Ridge

The Asbury Flats

319 E 6th St

520 NE Maple St

The Flats at Terre View

2585 Lilly Dr

1645 NE Merman Dr

2707 N 6th Pl
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.

2893 N Julie Ann Ct

623 E Whispering Pines Ln

318 E 6th St

The Crimson Meadows

1232 E 3rd St

219 E Coeur D'Alene Lake Dr

1206 E 3rd St

Trail Lodge
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.

507 S Division St

801 E Harrison Ave
Fernwood, ID Local Guide

How much does it cost to rent an apartment in Fernwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fernwood Studio Apartments | $1,167 | $799 | $2,002 |
| Fernwood 1 Bedroom Apartments | $1,750 | $745 | $3,075 |
| Fernwood 2 Bedroom Apartments | $1,555 | $599 | $4,300 |
| Fernwood 3 Bedroom Apartments | $1,498 | $485 | $3,395 |
| Fernwood 4 Bedroom Apartments | $1,275 | $455 | $2,795 |
Browse Top Apartments in Fernwood
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Fernwood, ID Local Guide
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Cheapest Available Fernwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Fernwood, ID is a 4 Beds unit found at Timberline on the Green priced from $455. NORTHWOOD MANOR has the second lowest priced unit, which is a 2 Beds apartment currently listed from $599. Here is today’s list of the most affordable Fernwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Timberline on the Green | 4BR/2BA | 4BR,2BA | $455 |
| NORTHWOOD MANOR | Two Bedroom One Bath | 2BR,1BA | $599 |
| The Queen Aprtments | 1BR/1.0BA | 1BR,1BA | $745 |
| The Empire | Studio | Studio,1BA | $799 |
| Creekside Apartments | 1 Bedroom | 1BR,1BA | $800 |
| Boulder Creek Apartments | Entire Unit | 2BR,1BA | $885 |
| The Meadows On Lauder | 2bd/1bath | 2BR,1BA | $1,015 |
| Cougar Ridge Apartments | Tacoma | 1BR,1BA | $1,030 |
| Riverstone Place Apartments | 2 Bedroom | 2BR,1BA | $1,280 |
| The Crimson Meadows | 2bd/1bath - Renovated | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Fernwood, ID and Nearby
As of July 27, 2026 the best value apartment in the Fernwood area is the $1.26 price per square foot 3bd/3bath Townhouse Model at Heron Court in the in the Latah neighborhood starting from $1,845. The second greatest value Fernwood apartment is the 3 Beds, 2 baths Model at Cougar Crest Apartments starting at $460 with a $0.37 price per square foot . Here is today’s list of the best values for Fernwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Heron Court | 3bd/3bath Townhouse | 3BR,2.5BA | $1.26 |
| Cougar Crest Apartments | 3 Beds, 2 baths | 3BR,2BA | $0.37 |
| Silver Leaf Apartments | Three Bedroom Two Bayj | 3BR,2BA | $1.14 |
| Courtyard Heights | 4 Bedroom | 4BR,2BA | $0.50 |
| Riverstone Place Apartments | 2 Bedroom | 2BR,1.5BA | $1.26 |
| The Grove at Pullman | 2BR/2BA | 2BR,2BA | $0.86 |
| Boulder Creek Apartments | Entire Unit | 3BR,2BA | $1.30 |
| Timberline on the Green | 2BR/2BA - Suite | 2BR,2BA | $0.85 |
| NORTHWOOD MANOR | Two Bedroom One Bath | 2BR,1BA | $0.72 |
| The Queen Aprtments | 1BR/1.0BA | 1BR,1BA | $1.35 |
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!
Explore Fernwood, ID Rentals by Map
See the most popular apartments and homes in Fernwood, ID
Frequently Asked Questions about Cheap Fernwood Apartments
What is the Cheapest Studio apartment in Fernwood?
Currently the most affordable Cheap Studio Apartment in Fernwood is at The Empire listed at $799.
How much is rent for a Cheap One Bedroom Fernwood Apartment?
The lowest price for a Cheap One Bedroom Fernwood Apartment is $745 at The Queen Aprtments.
What is the lowest price for a Cheap Two Bedroom Fernwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fernwood is starting from $599 at NORTHWOOD MANOR.
What is the most affordable Fernwood Three Bedroom Apartment?
The best deal on a cheap Fernwood Three Bedroom Apartment rental is at Timberline on the Green and starts from $515.
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.

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.