Cheap Homes for Rent in Downtown Idaho Falls Neighborhood of Idaho Falls, ID from $700 (7 Rentals)

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

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Downtown Idaho Falls, Idaho Falls, ID Local Guide

Cheapest Available Downtown Idaho Falls Apartments for Rent

 

The cheapest available apartment rental in the Downtown Idaho Falls area of Idaho Falls, ID is a Studio unit found at Fully furnished apartments in downtown priced from $600. Riverwalk Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here are the most affordable Downtown Idaho Falls apartments for rent in Idaho Falls, ID:

Apartment ListingModel NameBed/BathPriced From
Fully furnished apartments in downtownQueen bed studioStudio,1BA$600
Riverwalk ApartmentsClearwater1BR,1BA$1,299
Chicane Apartments at the RiverwalkLive/WorkStudio,1BA$1,750

Best Value Apartments for Rent in Downtown Idaho Falls, ID

As of August 30, 2025 the best value apartment in the Downtown Idaho Falls area is the $0.73 price per square foot Live/Work Model at Chicane Apartments at the Riverwalk in the in the Downtown Idaho Falls neighborhood starting from $1,750. The second greatest value Downtown Idaho Falls apartment is the 376 Alice Ave Model at 376 Alice Ave, Unit #376 starting at $1,050 with a $1.21 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 RiverwalkLive/WorkStudio ,1BA$0.73
376 Alice Ave, Unit #376376 Alice Ave2BR,1BA$1.21
Riverwalk ApartmentsBear1BR,1BA$1.76
393 S Eastern Ave, Unit 1393 S Eastern Ave1BR,1BA$1.75
1549 Idaho Ave, Unit Studio Apartment1549 Idaho AveStudio ,1BA$1.56
Fully furnished apartments in downtownQueen bed studioStudio ,1BA$2.08
327 Cottage Pl, Unit 327327 Cottage Pl2BR,1BA$9.25

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Pet Friendly Lifestyle
Downtown Idaho Falls, Idaho Falls, ID

Ranked #1

Among cities in Idaho for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Downtown Idaho Falls

What type of rentals are currently available in Downtown Idaho Falls?

There are currently 30 Apartments for Rent in Downtown Idaho Falls, ID with pricing that ranges from $700 to $2,270. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Idaho Falls ranging from $750 to $2,500.

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 $750 to $2,500 with an average monthly rent of $1,439.

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.

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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.