
Cheap Homes for Rent in Downtown Idaho Falls Neighborhood of Idaho Falls, ID from $600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Idaho Falls area of Idaho Falls.

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.

458 H 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.

520 H 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 | $1,356 | $875 | $2,000 |
| Downtown Idaho Falls 3 Bedroom Homes for Rent | $1,608 | $1,400 | $1,750 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Idaho Falls Neighborhood of Idaho Falls, ID.
Explore Idaho Falls
Best Value Apartments for Rent in Downtown Idaho Falls, ID
As of February 22, 2026 the best value apartment in the Downtown Idaho Falls area is the $2.23 price per square foot 1BR/1.0BA Model at Riverwalk Apartments in the in the Downtown Idaho Falls neighborhood starting from $1,650. The second greatest value Downtown Idaho Falls apartment is the 1 Bed 1 Bath Model at Chicane Apartments at the Riverwalk starting at $995 with a $1.52 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. |
|---|---|---|---|
| Riverwalk Apartments | 1BR/1.0BA | 1BR,1BA | $2.23 |
| Chicane Apartments at the Riverwalk | 1 Bed 1 Bath | 1BR,1BA | $1.52 |
| 1549 Idaho Ave | 1549 Idaho Ave | Studio ,1BA | $2.50 |
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 $302 to $2,516. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Idaho Falls ranging from $650 to $2,000.
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 $2,000 with an average monthly rent of $1,072.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.