
Cheap Homes for Rent in Downtown Idaho Falls Neighborhood of Idaho Falls, ID from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Idaho Falls area of Idaho Falls.


560 Oneida Ave

450 H St
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.

422 W 18th St

126 Whittier St

1680 Calkins Ave
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.

112 4th St
Downtown Idaho Falls, Idaho Falls, ID Local Guide

How much does it cost to rent a home in Downtown Idaho Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Idaho Falls 2 Bedroom Homes for Rent | $1,283 | $725 | $2,450 |
| Downtown Idaho Falls 3 Bedroom Homes for Rent | $2,025 | $1,700 | $2,350 |
| Downtown Idaho Falls 4 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
| Downtown Idaho Falls 5 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Idaho Falls Neighborhood of Idaho Falls, ID.
Explore Idaho Falls
Cheapest Available Downtown Idaho Falls Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chicane Apartments at the Riverwalk | 1 Bed 1 Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in Downtown Idaho Falls, ID
As of July 08, 2026 the best value apartment in the Downtown Idaho Falls area is the $1.81 price per square foot 1 Bed 1 Bath Model at Chicane Apartments at the Riverwalk in the in the Downtown Idaho Falls neighborhood starting from $995. The second greatest value Downtown Idaho Falls apartment is the 380 L St Model at 380 L St, Unit 380 starting at $850 with a $8.50 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 | 1 Bed 1 Bath | 1BR,1BA | $1.81 |
| 380 L St, Unit 380 | 380 L St | 1BR,1BA | $8.50 |
| 509 N Water Ave, Unit 3 | 509 N Water Ave | 1BR,1BA | $6.95 |
Frequently Asked Questions about Downtown Idaho Falls
What type of rentals are currently available in Downtown Idaho Falls?
There are currently 29 Apartments for Rent in Downtown Idaho Falls, ID with pricing that ranges from $695 to $1,550. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Idaho Falls ranging from $650 to $2,495.
What is the current price range for Rental Homes in Downtown Idaho Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Idaho Falls ranges from $650 to $2,495 with an average monthly rent of $1,710.
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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.