Cheap Apartments for Rent in Idaho Falls, ID from $400 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in Idaho Falls.

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.

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Bluth Apartments
1 to 3 Bedroom Apartments

Bluth Apartments

348 E 14th StIdaho Falls, ID 83404
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Summerhill Apartments
2 to 3 Bedroom Apartments

Summerhill Apartments

965 Hoopes AveIdaho Falls, ID 83404
  • Utilities Included
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Bandon River
1 to 2 Bedroom Apartments

Bandon River

1755 White Sands Creek WayIdaho Falls, ID 83402
Senior Living
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Teton Lofts
Studio to 1 Bedroom Apartments

Teton Lofts

255 E StIdaho Falls, ID 83402
  • Utilities Included

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.

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3372 E Iona Rd
Studio to 1 Bedroom Apartments

3372 E Iona Rd

3372 E Iona RdIdaho Falls, ID 83401
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3354 E Iona Rd
1 to 3 Bedroom Apartments

3354 E Iona Rd

3354 E Iona RdIdaho Falls, ID 83401
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Pepperwood Village
Studio to 2 Bedroom Apartments

Pepperwood Village

1486 Curlew DrIdaho Falls, ID 83406
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Wellington Manor
Studio to 1 Bedroom Apartments

Wellington Manor

350 E StIdaho Falls, ID 83402

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.

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1916 Henryanna Ave
1 Bedroom Apartments

1916 Henryanna Ave

1916 Henryanna AveIdaho Falls, ID 83404
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Chelsea Court
Studio to 3 Bedroom Apartments

Chelsea Court

2235 12th StIdaho Falls, ID 83404
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Garfield Apartments
1 to 3 Bedroom Apartments

Garfield Apartments

530 N Fanning AveIdaho Falls, ID 83401
  • Utilities Included
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Parkwood Pointe
1 to 2 Bedroom Apartments

Parkwood Pointe

1900 Parkwood StIdaho Falls, ID 83401

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Meadowood Apartments
1 to 3 Bedroom Apartments

Meadowood Apartments

2775 Saint Clair RdIdaho Falls, ID 83404
  • Utilities Included

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.

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Idaho Falls, ID Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Idaho Falls, ID

Pricing Updated: 06/12/2026

Current apartment rentals in the Idaho Falls, ID area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Idaho Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Idaho Falls$1,187$7006

Cheapest Available Idaho Falls Apartments for Rent

 

The cheapest available apartment rental in Idaho Falls, ID is a 1 Bed unit found at 3372 E Iona Rd priced from $650. 3354 E Iona Rd has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Idaho Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
3372 E Iona Rd1 Beds, 1 Baths1BR,1BA$650
3354 E Iona Rd2 Beds, 1 Baths2BR,1BA$700
Chicane Apartments at the Riverwalk1 Bed 1 Bath1BR,1BA$995
Black Feather Apartments1 Bedrom1BR,1BA$998
The Residences at Victory Ranch1x1 Cascade1BR,1BA$1,099
Idaho Falls Canyon Land LLC1B/1B1BR,1BA$1,199
Idaho Falls Hitt Road, LLC1B/1B1BR,1BA$1,199
The Residences at First StreetThe Villa1BR,1BA$1,215

Best Value Apartments for Rent in Idaho Falls, ID

As of June 12, 2026 the best value apartment in the Idaho Falls area is the $0.92 price per square foot 3 Beds, 2.5 Baths Model at Skyline Manor in the starting from $1,420. The second greatest value Idaho Falls apartment is the 3x2.5 Model at Meadowcreek Townhomes starting at $1,800 with a $1.23 price per square foot . Here is today’s list of the best values for Idaho Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Skyline Manor3 Beds, 2.5 Baths3BR,2.5BA$0.92
Meadowcreek Townhomes3x2.53BR,2.5BA$1.23
Valo at Bellin Townhomes3 Bed 2.5 Bath3BR,2.5BA$1.36
VALO at Olive Plaza2x2 TH2BR,2BA$1.30
Teton Oasis Apartments2 Bedroom/1 Bath2BR,1BA$1.42
590 N Woodruff Ave, Unit 71590 N Woodruff Ave2BR,1BA$0.97
896 Raymond Dr, Unit 896 Raymond Drive Unit #2896 Raymond Dr2BR,1BA$1.48
3354 E Iona Rd2 Beds, 1 Baths2BR,1BA$0.92
1952 Henryanna Ave, Unit 19581952 Henryanna Ave1BR,1BA$1.29
3372 E Iona Rd1 Beds, 1 Baths1BR,1BA$1.02

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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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.

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Idaho Falls Overview

If you are looking for apartments in Idaho Falls, ID, then you know how beautiful this area is. There is nothing like the natural landscapes that are found everywhere in the local area. Given the friendly people who live here, the plentiful job opportunities, and the gorgeous weather, it is easy to see why so many people are looking for Idaho Falls apartments that they can call their own. Anyone who is looking for apartments in Idaho Falls, ID should keep a few important points in mind.

Why live in Idaho Falls, ID?

There are several reasons why people flock to Idaho Falls, ID to call this place home. First, the weather is absolutely beautiful. The air is clean and the skies are blue. Second, there is next to no traffic. The commutes are short. Finally, the food in the Idaho Falls, ID region is delicious. There is always something new to try.

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Idaho Falls, ID

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

Explore Idaho Falls, ID Rentals by Map

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See the most popular apartments and homes in Idaho Falls, ID

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Frequently Asked Questions about Cheap Idaho Falls Apartments

What is the Cheapest Studio apartment in Idaho Falls?

Currently the most affordable Cheap Studio Apartment in Idaho Falls is at The Reverie at Taylors Crossing listed at $1,289.

How much is rent for a Cheap One Bedroom Idaho Falls Apartment?

The lowest price for a Cheap One Bedroom Idaho Falls Apartment is $650 at 3372 E Iona Rd.

What is the lowest price for a Cheap Two Bedroom Idaho Falls Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Idaho Falls is starting from $750 at 3354 E Iona Rd.

What is the most affordable Idaho Falls Three Bedroom Apartment?

The best deal on a cheap Idaho Falls Three Bedroom Apartment rental is at Black Feather Apartments and starts from $1,194.

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

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.