Cheap Apartments for Rent in the Downtown Idaho Falls Neighborhood of Idaho Falls, ID from $400 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Done

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

close
View Me
220 Gladstone St
Studio Apartments

220 Gladstone St

220 Gladstone StIdaho Falls, ID 83401
close
View Me
104 12th St
1 Bedroom Apartments

104 12th St

104 12th StIdaho Falls, ID 83404
close
View Me
218 S Water St
5 Bedroom Apartments

218 S Water St

218 S Water StIdaho Falls, ID 83402

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.

close
View Me
1085 Idaho Ave
2 Bedroom Apartments

1085 Idaho Ave

1085 Idaho AveIdaho Falls, ID 83402
close
View Me
Wellington Manor
Studio to 1 Bedroom Apartments

Wellington Manor

350 E StIdaho Falls, ID 83402
close
View Me
Teton Lofts
Studio to 1 Bedroom Apartments

Teton Lofts

255 E StIdaho Falls, ID 83402
  • Utilities Included
close
View Me
433 Maple St
1 Bedroom Apartments

433 Maple St

433 Maple StIdaho Falls, ID 83402

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.

close
View Me
125 N Water Ave
1 to 2 Bedroom Apartments

125 N Water Ave

125 N Water AveIdaho Falls, ID 83402

Cheapest Available Downtown Idaho Falls Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Chicane Apartments at the RiverwalkStudioStudio,1BA$950

Best Value Apartments for Rent in Downtown Idaho Falls, ID

As of August 03, 2026 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 2 starting at $950 with a $1.90 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Chicane Apartments at the RiverwalkStudioStudio ,1BA$1.90
219 H St, Unit 2219 H St1BR,1BA$1.90
Teton LoftsKing bed studioStudio ,1BA$2.20
1499 Mound Ave, Unit 14971499 Mound Ave1BR,1BA$8.50
674 N Water Ave, Unit 674 N Water Ave674 N Water Ave2BR,1BA$10.25

Frequently Asked Questions about Cheap Downtown Idaho Falls Apartments

What is the Cheapest Studio apartment in Downtown Idaho Falls?

Currently the most affordable Cheap Studio Apartment in Downtown Idaho Falls is at Teton Lofts listed at $550.

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

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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 First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.