
Cheap Homes for Rent in Downtown Idaho Falls Neighborhood of Idaho Falls, ID from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Idaho Falls area of Idaho Falls.


440 Walnut St
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.

420 W 18th St

461 1/2 I St
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.

1288 Lake Ave
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 | $1,508 | $1,000 | $2,500 |
| Downtown Idaho Falls 3 Bedroom Homes for Rent | $1,485 | $1,395 | $1,575 |
| Downtown Idaho Falls 4 Bedroom Homes for Rent | $2,199 | $1,899 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Idaho Falls Neighborhood of Idaho Falls, ID.
Explore 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 |
|---|---|---|---|
| Fully furnished apartments in downtown | King bed studio | Studio,1BA | $550 |
| Chicane Apartments at the Riverwalk | Studio | Studio,1BA | $950 |
Best Value Apartments for Rent in Downtown Idaho Falls, ID
As of November 11, 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 393 S Eastern Ave Model at 393 S Eastern Ave, Unit 1 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chicane Apartments at the Riverwalk | Studio | Studio ,1BA | $1.90 |
| 393 S Eastern Ave, Unit 1 | 393 S Eastern Ave | 1BR,1BA | $1.90 |
| 219 H St, Unit #4 | 219 H St | 1BR,1BA | $1.80 |
| Fully furnished apartments in downtown | King bed studio | Studio ,1BA | $2.20 |
| 561 N Water Ave | 561 N Water Ave | 1BR,1BA | $7.75 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick 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
4.0Pet Friendly
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 $302 to $2,894. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Idaho Falls ranging from $650 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 $650 to $2,500 with an average monthly rent of $1,361.
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.