
Cheap Apartments for Rent in Grace, ID from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Grace.


538 N. Main Street

Rosewood

1706 N Hayes

Fargo Apartments
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.

Center Street

The Fremont

629 Main

421 N Hooper Ave

723 W. Lewis Street
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.

838 West Center Street

536 W Bonneville St

1333 N. Main Street

University

207 S Hayes
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1160 South 4th Avenue

925 Wilson Ave
Grace, ID Local Guide

How much does it cost to rent an apartment in Grace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grace Studio Apartments | $811 | $500 | $2,301 |
| Grace 1 Bedroom Apartments | $1,313 | $795 | $2,879 |
| Grace 2 Bedroom Apartments | $1,514 | $895 | $2,836 |
| Grace 3 Bedroom Apartments | $1,642 | $500 | $2,500 |
| Grace 4 Bedroom Apartments | $535 | $445 | $695 |
Browse Top Apartments in Grace
See all Apartments in GraceExplore Grace
Grace, ID Local Guide
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Cheapest Available Grace Apartments for Rent and Nearby
 The cheapest available apartment rental in Grace, ID is a Studio unit found at Gate City Apartments priced from $500. Rosewood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Grace apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gate City Apartments | 0BR/1.0BA | Studio,1BA | $500 |
| Rosewood | 0BR/1.0BA | Studio,1BA | $645 |
| Fargo Apartments | Studio small | Studio,1BA | $680 |
| Center Street | 0BR/1.0BA | Studio,1BA | $695 |
| 207 S Hayes | 2BR/1.0BA | 2BR,1BA | $795 |
Best Value Apartments for Rent in Grace, ID and Nearby
As of May 21, 2026 the best value apartment in the Grace 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 Grace apartment is the Phase 2 - 3 Bed 2 Bath 2nd Level Granite & Upda... Model at Maple Valley starting at $1,460 with a $1.08 price per square foot in the Woodruff neighborhood. Here is today’s list of the best values for Grace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jasper Loop | 3 Beds, 2.5 baths | 3BR,2.5BA | $0.90 |
| Maple Valley | Phase 2 - 3 Bed 2 Bath 2nd Level Granite & Upda... | 3BR,2BA | $1.08 |
| The Factory | Manhattan | 3BR,3BA | $0.40 |
| Homestead Collection Apartments | Magnolia 2X2 | 2BR,2BA | $1.11 |
| The Orchard on Oneida | 239-3 rooms | 3BR,2BA | $1.18 |
| Brooklane Apartments | Annex | 6BR,6BA | $0.90 |
| 629 Main | 2BR/1.0BA | 2BR,1BA | $0.99 |
| 5033 Hawthorne Rd | 2-Bed | 2BR,1BA | $1.06 |
| 207 S Hayes | 2BR/1.0BA | 2BR,1BA | $1.14 |
| Gate City Apartments | 0BR/1.0BA | Studio ,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.
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 Grace, ID Rentals by Map
See the most popular apartments and homes in Grace, ID
Frequently Asked Questions about Cheap Grace Apartments
What is the Cheapest Studio apartment in Grace?
Currently the most affordable Cheap Studio Apartment in Grace is at Gate City Apartments listed at $500.
How much is rent for a Cheap One Bedroom Grace Apartment?
The lowest price for a Cheap One Bedroom Grace Apartment is $795 at 207 S Hayes.
What is the lowest price for a Cheap Two Bedroom Grace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grace is starting from $795 at 207 S Hayes.
What is the most affordable Grace Three Bedroom Apartment?
The best deal on a cheap Grace Three Bedroom Apartment rental is at The Orchard on Oneida and starts from $1,295.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.