Cheap Apartments for Rent in Island Park, ID from $700 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Island Park.

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.

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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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Pepperwood Village
Studio to 2 Bedroom Apartments

Pepperwood Village

1486 Curlew DrIdaho Falls, ID 83406
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The Strawberry
1 to 2 Bedroom Apartments

The Strawberry

457 S 4th WRexburg, ID 83440
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At Home Rexburg
1 to 2 Bedroom Apartments

At Home Rexburg

332 S 4th WRexburg, ID 83440
Student Housing
  • Utilities Included

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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Eden Apartments
1 to 2 Bedroom Apartments

Eden Apartments

555 W Mikan DrRexburg, ID 83440
Corporate Housing
  • Utilities Included
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Mesa Falls Apartments
1 to 3 Bedroom Apartments

Mesa Falls Apartments

940 S 5th WRexburg, ID 83440
Corporate Housing
  • Utilities Included
property at 311 E Lorene St

$1,230 - $1,300

2 Bedroom Rentals

Available Now

311 E Lorene St

RexburgID83440
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Sparrow Hill
1 to 3 Bedroom Apartments

Sparrow Hill

1764 Sparrow Hill CtIdaho Falls, ID 83404

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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Island Park, ID Local Guide

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 Rosewood Patio Homes priced from $895. University Courtyard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Island Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosewood Patio Homes1x11BR,1BA$895
University Courtyard1X1 Unfurnished1BR,1BA$925
Stone Brook ApartmentsTeton1BR,1BA$975
Chicane Apartments at the Riverwalk1 Bed 1 Bath1BR,1BA$995
Black Feather Apartments1 Bedrom1BR,1BA$998
Rexburg Centennial Townhomes LLC1B/1B1BR,1BA$1,099
boötes4X4TH4BR,4BA$1,099
Village at RexburgFremont - 2/1.002BR,1BA$1,125
Providence Square2x1-B2BR,1BA$1,165
Idaho Falls Skyline, LLC1B/1B1BR,1BA$1,199

Best Value Apartments for Rent in Island Park, ID and Nearby

As of May 30, 2026 the best value apartment in the Island Park area is the $1.30 price per square foot 2x2 TH Model at VALO at Olive Plaza in the starting from $1,699. The second greatest value Island Park apartment is the Freedom Model at Eagles Landing Apartments starting at $1,499 with a $1.40 price per square foot . Here is today’s list of the best values for Island Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
VALO at Olive Plaza2x2 TH2BR,2BA$1.30
Eagles Landing ApartmentsFreedom2BR,2BA$1.40
boötes2X22BR,2BA$1.34
Sage Point VillageThe Willow - 2x12BR,1BA$1.39
The Lofts on Broadway2 Bed 2 Bath2BR,2BA$1.45
Teton Oasis Apartments2 Bedroom/1 Bath2BR,1BA$1.42
Rexburg Centennial Townhomes LLC2B/1B2BR,1BA$1.50
Village at RexburgFremont - 2/1.002BR,1BA$1.32
Ammon Manchester, LLC1B/1B1BR,1BA$1.52
Stone Brook ApartmentsHenry's Lake1BR,1BA$1.52

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

Explore Island Park, ID Rentals by Map

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See the most popular apartments and homes in Island Park, ID

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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 $895 at Rosewood Patio Homes.

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 $1,125 at Village at Rexburg.

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.