Cheap Apartments for Rent in Idaho Falls, ID from $400 (62 Rentals)

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

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 133 E 21st St

$1,200 - $1,400

2 To 3 Bedroom Rentals

Available Now

133 E 21st St

Idaho FallsID83404

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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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

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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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
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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

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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Garfield Apartments
1 to 3 Bedroom Apartments

Garfield Apartments

530 N Fanning AveIdaho Falls, ID 83401
  • Utilities Included
property at 337 E 15th St

$1,050

2 Bedroom Rentals

Available Now

337 E 15th St

Idaho FallsID83404
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Parkwood Pointe
1 to 2 Bedroom Apartments

Parkwood Pointe

1900 Parkwood StIdaho Falls, ID 83401
property at 1201 N Skyline Dr

$1,100 - $1,200

1 To 2 Bedroom Rentals

Available Aug 12

1201 N Skyline Dr

Idaho FallsID83402
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Meadowood Apartments
1 to 3 Bedroom Apartments

Meadowood Apartments

2775 Saint Clair RdIdaho Falls, ID 83404
  • 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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Idaho Falls, ID Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Idaho Falls, ID

Pricing Updated: 07/28/2026

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$1,250$65014

Cheapest Available Idaho Falls Apartments for Rent

 

The cheapest available apartment rental in Idaho Falls, ID is a Studio unit found at Chicane Apartments at the Riverwalk in the Downtown Idaho Falls neighborhood priced from $950. Black Feather Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $998. Here is today’s list of the most affordable Idaho Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chicane Apartments at the RiverwalkStudioStudio,1BA$950
Black Feather Apartments1 Bedrom1BR,1BA$998
The Residences at Victory Ranch1x1 Cascade1BR,1BA$1,099

Best Value Apartments for Rent in Idaho Falls, ID

As of July 29, 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 2x2 TH Model at VALO at Olive Plaza starting at $1,675 with a $1.28 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
VALO at Olive Plaza2x2 TH2BR,2BA$1.28
Sage Point VillageThe Aspen - 3x23BR,2BA$1.23
2140 Stace St, Unit 42140 Stace St3BR,1BA$1.41
2122 Meppen Dr, Unit 21222122 Meppen Dr3BR,1BA$1.21
Teton Oasis Apartments2 Bedroom/1 Bath2BR,1BA$1.42
Eagles Landing ApartmentsTalon1BR,1BA$1.28
205 N Freeman Ave, Unit 225205 N Freeman Ave2BR,1BA$1.35
1420 Jefferson Ave, Unit 11420 Jefferson Ave2BR,1BA$1.27
1430 Cambridge Dr, Unit 11430 Cambridge Dr2BR,1BA$1.28

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.

Best Local Schools in
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 $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 $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 $1,350.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.