Cheap Homes for Rent in Idaho Falls, ID from $400 (17 Rentals)

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

property at 1265 Canal Ave

$700 - $1,400

Studio To 3 Bedroom Rentals

Available Jan 7, 2026

1265 Canal Ave

Idaho FallsID83402

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.

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property at 1288 Lake Ave

$895 - $1,095

2 Bedroom Rentals

Available Now

1288 Lake Ave

Idaho FallsID83402

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-17, Page 1 of 1

Idaho Falls, ID Local Guide

Cheapest Neighborhoods for Apartments in Idaho Falls, ID

Pricing Updated: 12/25/2025

Current apartment rentals in the Idaho Falls, ID area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Idaho Falls Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Idaho Falls$2,109$3025

Cheapest Available Idaho Falls Apartments for Rent

 

The cheapest available apartment rental in Idaho Falls, ID is a Studio unit found at Fully furnished apartments in downtown Idaho Falls! (Idaho Falls) in the Downtown Idaho Falls neighborhood priced from $450. Black Feather Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $998. Here is today’s list of the most affordable Idaho Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fully furnished apartments in downtown Idaho Falls! (Idaho Falls)King bed studioStudio,1BA$450
Black Feather Apartments1 Bedrom1BR,1BA$998
The Residences at Victory Ranch1x1 Cascade1BR,1BA$1,099
Teton Oasis Apartments1 Bedroom/ 1 Bath Floorplan B1BR,1BA$1,175

Best Value Apartments for Rent in Idaho Falls, ID

As of December 26, 2025 the best value apartment in the 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 Idaho Falls apartment is the 3x2.5 TH Model at VALO at Olive Plaza starting at $1,899 with a $1.24 price per square foot . Here is today’s list of the best values for 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
VALO at Olive Plaza3x2.5 TH3BR,2.5BA$1.24
Meadowcreek Townhomes3x2.53BR,2.5BA$1.16
SouthBridge Townhomes2x2.5 B2 - 2 Car Garage (Marion)2BR,2.5BA$1.31
1602 N Stevens Dr, Unit A1602 N Stevens Dr2BR,2.5BA$1.24
Sage Point VillageThe Willow - 2x12BR,1BA$1.43
1646 Grandview Dr, Unit #21646 Grandview Dr2BR,1BA$1.35
2114 Meppen Dr, Unit 21142114 Meppen Dr3BR,1BA$1.15
1079 S Woodruff Ave, Unit 11079 S Woodruff Ave1BR,1BA$1.29
1296 Blaine Ave, Unit 21296 Blaine Ave2BR,1BA$1.38

Don'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.

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The 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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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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.

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Idaho Falls, ID
Population: 61,535

Ranked #611

in US Census Population by City

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Best Local Schools in
Idaho Falls, ID

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Idaho Falls, ID Rentals by Map

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See the most popular apartments and homes in Idaho Falls, ID

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Frequently Asked Questions about Idaho Falls

What type of rentals are currently available in Idaho Falls?

There are currently 175 Apartments for Rent in Idaho Falls, ID with pricing that ranges from $302 to $3,710. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Idaho Falls ranging from $475 to $3,800.

What is the current price range for Rental Homes in Idaho Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Idaho Falls ranges from $475 to $3,800 with an average monthly rent of $1,641.

How much are larger Three and Four Bedroom Rentals in Idaho Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Idaho Falls range from $1,060 to $3,710, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $2,300.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!