Cheap Apartments for Rent in Idaho Falls, ID from $400 (17 Rentals)

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property at 760 S Lee Ave

760 S Lee Ave

Idaho FallsID83401
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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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3354 E Iona Rd
1 to 3 Bedroom Apartments

3354 E Iona Rd

3354 E Iona RdIdaho Falls, ID 83401

Idaho Falls, ID Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Idaho Falls, ID

Pricing Updated: 11/01/2025

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$2,867$7009

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. Chicane Apartments at the Riverwalk in the Downtown Idaho Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. 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
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
Midwest Patio Home ApartmentsSingle Level Patio Home w/ Garage Included1BR,1BA$1,199

Best Value Apartments for Rent in Idaho Falls, ID

As of November 01, 2025 the best value apartment in the Idaho Falls area is the $1.24 price per square foot 3x2.5 TH Model at VALO at Olive Plaza in the starting from $1,899. The second greatest value Idaho Falls apartment is the 3x2.5 Model at Meadowcreek Townhomes starting at $1,550 with a $1.06 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.
VALO at Olive Plaza3x2.5 TH3BR,2.5BA$1.24
Meadowcreek Townhomes3x2.53BR,2.5BA$1.06
Orchard Park Townhomes3 Bedroom x 2.5 Bathroom Townhome3BR,2.5BA$1.48
SouthBridge Townhomes2x2.5 B2 - 2 Car Garage (Marion)2BR,2.5BA$1.31
2124 E Olympic Ave, Unit 21242124 E Olympic Ave2BR,1BA$1.40
Sparrow Hill2 bedroom 2 bath2BR,2BA$1.26
2140 Stace St, Unit 42140 Stace St3BR,1BA$1.45
Teton Oasis Apartments2 Bedroom/1 Bath2BR,1BA$1.39
Chicane Apartments at the Riverwalk1 Bed 1 Bath1BR,1BA$1.29
3354 E Iona Rd1 Beds, 1 Baths1BR,1BA$1.05

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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.

Idaho Falls, ID
Population: 61,535

Ranked #611

in US Census Population by City

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

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Getting Around Idaho Falls, ID

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Idaho Falls Apartments

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 $1,194 at Black Feather Apartments.

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 $1,397.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.