
Cheap Apartments for Rent in Island Park, ID from $700 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Island Park.


University Courtyard

University Gateway

Campus Courtyard

Chicane Apartments at the Riverwalk

Stone Brook Apartments

Black Feather Apartments

Riverwalk Apartments
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.

Rexburg Centennial Townhomes LLC

Madison Station

Providence Square

Teton Oasis Apartments

Idaho Falls Skyline, LLC

Idaho Falls Canyon Land LLC

Eagles Landing Apartments

The Residences at First Street
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.

Lincoln Crossing Apartments

Ammon Manchester, LLC

The Lofts on Broadway

The Ivory at Woodruff

134 W Main St

135 S 2nd E

Pepperwood Village

The Strawberry
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.

At Home Rexburg

255 E Main St

215 W Ctr St

The Brenchley Apartments

1580 N Stevens Dr

Eden Apartments

514 Laurel St

591 Turin Way
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.

246 S 2nd E

Mesa Falls Apartments

610 Sunflower Rd

Sparrow Hill

339 Main St

Sage Point Village

121 S 2nd W

4538 W 1000 N
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

765 Eve Dr

616 Trejo St
Island Park, ID Local Guide

How much does it cost to rent an apartment in Island Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Park Studio Apartments | $1,757 | $865 | $2,472 |
| Island Park 1 Bedroom Apartments | $1,676 | $925 | $3,025 |
| Island Park 2 Bedroom Apartments | $1,993 | $1,065 | $7,151 |
| Island Park 3 Bedroom Apartments | $2,889 | $1,114 | $4,250 |
| Island Park 4 Bedroom Apartments | $1,080 | $775 | $1,800 |
Browse Top Apartments in Island Park
See all Apartments in Island ParkExplore Island Park
Island Park, ID Local Guide
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Cheapest Available Island Park Apartments for Rent and Nearby
 The cheapest available apartment rental in Island Park, ID is a 1 Bed unit found at Chicane Apartments at the Riverwalk in the Downtown Idaho Falls neighborhood priced from $995. 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 Island Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chicane Apartments at the Riverwalk | 1 Bed 1 Bath | 1BR,1BA | $995 |
| Black Feather Apartments | 1 Bedrom | 1BR,1BA | $998 |
| Village at Rexburg | Cambridge - 1/1.00 | 1BR,1BA | $1,090 |
| Rexburg Centennial Townhomes LLC | 1B/1B | 1BR,1BA | $1,099 |
| boötes | 4X4TH | 4BR,4BA | $1,099 |
| Riverwalk Apartments | $1099 for 6 Months with year lease! (Clearwater... | 1BR,1BA | $1,099 |
| Providence Square | 2x1-B | 2BR,1BA | $1,165 |
| Idaho Falls Skyline, LLC | 1B/1B | 1BR,1BA | $1,199 |
| Idaho Falls Canyon Land LLC | 1B/1B | 1BR,1BA | $1,199 |
| Teton Oasis Apartments | 1 Bedroom/ 1 Bath Floorplan B | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Island Park, ID and Nearby
As of April 13, 2026 the best value apartment in the Island Park area is the $1.10 price per square foot 3x2.5 Model at Meadowcreek Townhomes in the starting from $1,615. The second greatest value Island Park apartment is the 2x2 TH Model at VALO at Olive Plaza starting at $1,850 with a $1.41 price per square foot . Here is today’s list of the best values for Island Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadowcreek Townhomes | 3x2.5 | 3BR,2.5BA | $1.10 |
| VALO at Olive Plaza | 2x2 TH | 2BR,2BA | $1.41 |
| Equinox on Lincoln | Lincoln 2 | 2BR,2BA | $1.53 |
| Eagles Landing Apartments | Freedom | 2BR,2BA | $1.40 |
| boötes | 2X2 | 2BR,2BA | $1.35 |
| Village at Rexburg | St. James 1B - 2/1.00 | 2BR,1BA | $1.28 |
| The Arrow Townhomes and Flats | 2BR/2BA - Hyalite | 2BR,2BA | $1.42 |
| Rexburg Centennial Townhomes LLC | 2B/1B | 2BR,1BA | $1.50 |
| Ammon Manchester, LLC | 1B/1B | 1BR,1BA | $1.52 |
| Chicane Apartments at the Riverwalk | 1 Bed 1 Bath | 1BR,1BA | $1.52 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Island Park, ID Rentals by Map
See the most popular apartments and homes in Island Park, ID
Frequently Asked Questions about Cheap Island Park Apartments
What is the Cheapest Studio apartment in Island Park?
Currently the most affordable Cheap Studio Apartment in Island Park is at Chicane Apartments at the Riverwalk listed at $1,295.
How much is rent for a Cheap One Bedroom Island Park Apartment?
The lowest price for a Cheap One Bedroom Island Park Apartment is $950 at Campus Courtyard.
What is the lowest price for a Cheap Two Bedroom Island Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Island Park is starting from $1,065 at University Gateway.
What is the most affordable Island Park Three Bedroom Apartment?
The best deal on a cheap Island Park Three Bedroom Apartment rental is at boötes and starts from $1,285.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.