Cheap Apartments for Rent in Idaho Falls, ID from $400 (46 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

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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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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Pepperwood Village
Studio to 2 Bedroom Apartments

Pepperwood Village

1486 Curlew DrIdaho Falls, ID 83406
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3354 E Iona Rd
1 to 3 Bedroom Apartments

3354 E Iona Rd

3354 E Iona RdIdaho 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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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
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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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Meadow Wood Apartments
1 to 3 Bedroom Apartments

Meadow Wood Apartments

2775 Saint Clair RdIdaho Falls, ID 83404
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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.

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Parkwood Pointe
1 to 2 Bedroom Apartments

Parkwood Pointe

1900 Parkwood StIdaho Falls, ID 83401

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-46, Page 1 of 1

Idaho Falls, ID Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Idaho Falls, ID

Pricing Updated: 04/27/2026

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$1,862$1,0506

Cheapest Available Idaho Falls Apartments for Rent

 

The cheapest available apartment rental in Idaho Falls, ID is a Studio unit found at Fully furnished apartments in downtown Idaho Falls! (Idaho Falls) in the Downtown Idaho Falls neighborhood priced from $550. 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
Fully furnished apartments in downtown Idaho Falls! (Idaho Falls)King bed studioStudio,1BA$550
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 Skyline, LLC1B/1B1BR,1BA$1,199
Idaho Falls Canyon Land LLC1B/1B1BR,1BA$1,199
The Residences at First StreetThe Villa1BR,1BA$1,215
Eagles Landing ApartmentsTalon1BR,1BA$1,219

Best Value Apartments for Rent in Idaho Falls, ID

As of April 28, 2026 the best value apartment in the Idaho Falls area is the $1.16 price per square foot 3 Bed 2.5 Bath Model at Valo at Bellin Townhomes in the starting from $2,050. The second greatest value Idaho Falls apartment is the 3x2.5 C2 - 2 Car Garage (Colter Bay) Model at Southbridge Townhomes starting at $1,795 with a $1.08 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 Bellin Townhomes3 Bed 2.5 Bath3BR,2.5BA$1.16
Southbridge Townhomes3x2.5 C2 - 2 Car Garage (Colter Bay)3BR,2.5BA$1.08
Skyline Manor3 Beds, 2.5 Baths3BR,2.5BA$0.92
3250 Midway Ave, Unit 23250 Midway Ave2BR,1BA$0.90
Meadowcreek Townhomes3x2.53BR,2.5BA$1.08
VALO at Olive Plaza2x2 TH2BR,2BA$1.41
2068 E Olympic Ave, Unit 20682068 E Olympic Ave2BR,1BA$1.35
2140 Stace St, Unit 42140 Stace St3BR,1BA$1.25
Teton Oasis Apartments2 Bedroom/1 Bath2BR,1BA$1.42
590 N Woodruff Ave, Unit 63590 N Woodruff Ave2BR,1BA$0.97

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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

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 $1,397.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.