
Cheap Apartments for Rent in the Downtown Idaho Falls Neighborhood of Idaho Falls, ID from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Idaho Falls area of Idaho Falls.

Downtown Idaho Falls, Idaho Falls, ID Local Guide

How much does it cost to rent an apartment in Downtown Idaho Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Idaho Falls Studio Apartments | $1,350 | $950 | $1,750 |
| Downtown Idaho Falls 1 Bedroom Apartments | $923 | $695 | $1,195 |
| Downtown Idaho Falls 3 Bedroom Apartments | $2,932 | $2,932 | $2,932 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Idaho Falls Neighborhood of Idaho Falls, ID.
See all Apartments in Idaho FallsExplore Idaho Falls
Downtown Idaho Falls, Idaho Falls, ID Local Guide
- Nearby Idaho Falls neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Idaho Falls Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chicane Apartments at the Riverwalk | Studio | Studio,1BA | $950 |
Best Value Apartments for Rent in Downtown Idaho Falls, ID
As of November 06, 2025 the best value apartment in the Downtown Idaho Falls area is the $1.90 price per square foot Studio Model at Chicane Apartments at the Riverwalk in the in the Downtown Idaho Falls neighborhood starting from $950. The second greatest value Downtown Idaho Falls apartment is the 219 H St Model at 219 H St, Unit #4 starting at $900 with a $1.80 price per square foot in the Downtown Idaho Falls neighborhood. Here is today’s list of the best values for Downtown Idaho Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chicane Apartments at the Riverwalk | Studio | Studio ,1BA | $1.90 |
| 219 H St, Unit #4 | 219 H St | 1BR,1BA | $1.80 |
| 561 N Water Ave | 561 N Water Ave | 1BR,1BA | $7.75 |
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.
Pet Friendly LifestyleDowntown Idaho Falls, Idaho Falls, ID
Ranked #1
Among cities in Idaho for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Downtown Idaho Falls Neighborhood in Idaho Falls, ID
Walk Score®
87 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Idaho Falls Apartments
How much is rent for a Cheap One Bedroom Downtown Idaho Falls Apartment?
The lowest price for a Cheap One Bedroom Downtown Idaho Falls Apartment is $995 at Chicane Apartments at the Riverwalk.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.








