Cheap Apartments for Rent in Idaho Falls, ID from $300 (16 Rentals)

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348 S Lee Ave, Unit 348
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800
1 Bedroom Apartment Available Apr 1

348 S Lee Ave, Unit 348

348 S Lee AveIdaho Falls, ID 83401
Affordability
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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

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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3354 E Iona Rd
1 to 3 Bedroom Apartments

3354 E Iona Rd

3354 E Iona RdIdaho Falls, ID 83401

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Idaho Falls, ID Local Guide

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Cheapest Neighborhoods for Apartments in Idaho Falls, ID

Pricing Updated: 03/13/2026

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$1,100$7005

Cheapest Available Idaho Falls Apartments for Rent

 

The cheapest available apartment rental in Idaho Falls, ID is a 2 Beds unit found at 3354 E Iona Rd priced from $795. 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 Rd2 Beds, 1 Baths2BR,1BA$795
Chicane Apartments at the Riverwalk1 Bed 1 Bath1BR,1BA$995
Black Feather Apartments1 Bedrom1BR,1BA$998
Riverwalk Apartments$1099 for 6 Months with year lease! (Clearwater...1BR,1BA$1,099
The Residences at Victory Ranch1x1 Cascade1BR,1BA$1,099

Best Value Apartments for Rent in Idaho Falls, ID

As of March 13, 2026 the best value apartment in the Idaho Falls area is the $1.17 price per square foot 3x2.5 TH Model at VALO at Olive Plaza in the starting from $1,799. The second greatest value Idaho Falls apartment is the 920 9th St Model at 920 9th St, Unit 1 starting at $1,550 with a $1.03 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$1.17
920 9th St, Unit 1920 9th St2BR,1BA$1.03
3250 Midway Ave, Unit 23250 Midway Ave2BR,1BA$1.03
Meadowcreek Townhomes3x2.53BR,2.5BA$1.20
SouthBridge Townhomes3x2.5 C1 - 1 Car Garage (Teton Crest)3BR,2.5BA$1.32
Eagles Landing ApartmentsFreedom2BR,2BA$1.39
2140 Stace St, Unit 42140 Stace St3BR,1BA$1.45
590 N Woodruff Ave, Unit 63590 N Woodruff Ave2BR,1BA$1.03
1079 S Woodruff Ave, Unit 11079 S Woodruff Ave1BR,1BA$1.29
3354 E Iona Rd2 Beds, 1 Baths2BR,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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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.

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

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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 $1,150.

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

The lowest price for a Cheap One Bedroom Idaho Falls Apartment is $995 at Chicane Apartments at the Riverwalk.

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 $795 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 $1,397.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.