Cheap Apartments for Rent in Idaho Falls, ID from $650 (88 Rentals)

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

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1952 Henryanna Ave, Unit 1954
$876

Total Monthly Price

Base Rent$876
Total Monthly Price$876
1 Bedroom Apartment Available Sep 20

1952 Henryanna Ave, Unit 1954

1952 Henryanna AveIdaho Falls, ID 83404
Affordability
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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.

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property at 978 I St
$950

Total Monthly Price

Base Rent$950
Total Monthly Price$950
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

978 I St, Unit 978

978 I St
Idaho FallsID83402
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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.

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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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property at 6066 Silver Cir
$1,195 - $1,795
1 To 3 Bedroom Rentals
Available Nov 15
Affordability

6066 Silver Cir

Idaho FallsID83401
property at 220 N Fanning Way
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Affordability

220 N Fanning Way, Unit #21

220 N Fanning Way
Idaho FallsID83401
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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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Teton Lofts
Studio to 1 Bedroom Apartments

Teton Lofts

255 E StIdaho Falls, ID 83402
  • Utilities Included
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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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3372 E Iona Rd
Studio to 1 Bedroom Apartments

3372 E Iona Rd

3372 E Iona RdIdaho Falls, ID 83401

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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Idaho Falls, ID Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Idaho Falls, ID

Pricing Updated: 09/12/2026

Current apartment rentals in the Idaho Falls, ID area range in price from $650 to $1,200 with an overall median price of $995. Here is today’s list neighborhoods with the lowest median pricing for Idaho Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Idaho Falls$995$65016

Cheapest Available Idaho Falls Apartments for Rent

 

The cheapest available apartment rental in Idaho Falls, ID is a 1 Bed unit found at 3354 E Iona Rd priced from $675. D1420AV in the Downtown Idaho Falls neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Idaho Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
3354 E Iona Rd1 Beds, 1 Baths1BR,1BA$675
D1420AV2BR/1.0BA2BR,1BA$950
Chicane Apartments at the RiverwalkStudioStudio,1BA$950
Black Feather Apartments1 Bedrom1BR,1BA$998
The Reverie at Taylors CrossingSkylarkStudio,1BA$1,024

Best Value Apartments for Rent in Idaho Falls, ID

As of September 12, 2026 the best value apartment in the Idaho Falls area is the $0.42 price per square foot 1153 Idaho Ave Model at 1153 Idaho Ave, Unit B in the in the Downtown Idaho Falls neighborhood starting from $850. The second greatest value Idaho Falls apartment is the 3 Beds, 2.5 Baths Model at Skyline Manor starting at $1,420 with a $0.92 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.
1153 Idaho Ave, Unit B1153 Idaho Ave1BR,1BA$0.42
Skyline Manor3 Beds, 2.5 Baths3BR,2.5BA$0.92
Cassiopeia Townhomes3x2.53BR,2.5BA$1.35
Meadowcreek Townhomes2x2.52BR,2.5BA$1.37
2100 E Olympic Ave, Unit 21002100 E Olympic Ave2BR,1BA$1.40
Sage Point VillageThe Juniper B - 2x22BR,2BA$1.41
624 Lomax St, Unit 624 lomax624 Lomax St2BR,1BA$1.29
2122 Meppen Dr, Unit 21222122 Meppen Dr3BR,1BA$1.15
1420 Jefferson Ave, Unit 21420 Jefferson Ave2BR,1BA$1.33
3354 E Iona Rd1 Beds, 1 Baths1BR,1BA$1.05

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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Navigating 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.

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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 Chicane Apartments at the Riverwalk listed at $950.

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

The lowest price for a Cheap One Bedroom Idaho Falls Apartment is $675 at 3354 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 $950 at D1420AV.

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 $1,350.

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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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.

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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.

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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.

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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.