Cheap Apartments for Rent in Lemhi, ID from $700 (32 Rentals)

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

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
Studio 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
property at 213 Locust St

$1,100 - $1,350

1 To 2 Bedroom Rentals

Available Now

213 Locust St

AnacondaMT59711
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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

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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Showing Results 1-32, Page 1 of 1

Lemhi, ID Local Guide

Cheapest Available Lemhi Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lemhi, ID is a 1 Bed unit found at University Courtyard priced from $925. Stone Brook Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Lemhi apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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
University Gateway2X12BR,1BA$1,065
Rexburg Centennial Townhomes LLC1B/1B1BR,1BA$1,099
The Residences at Victory Ranch1x1 Cascade1BR,1BA$1,099
Village at RexburgFremont - 2/1.002BR,1BA$1,125
The Reverie at Taylors CrossingSkylarkStudio,1BA$1,150
Providence Square2x1-B2BR,1BA$1,165

Best Value Apartments for Rent in Lemhi, ID and Nearby

As of May 09, 2026 the best value apartment in the Lemhi area is the $1.08 price per square foot 3x2.5 C2 - 2 Car Garage (Colter Bay) Model at Southbridge Townhomes in the starting from $1,795. The second greatest value Lemhi apartment is the 3 Beds, 2.5 Baths Model at Skyline Manor starting at $1,420 with a $0.92 price per square foot . Here is today’s list of the best values for Lemhi apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southbridge Townhomes3x2.5 C2 - 2 Car Garage (Colter Bay)3BR,2.5BA$1.08
Skyline Manor3 Beds, 2.5 Baths3BR,2.5BA$0.92
Valo at Bellin Townhomes3 Bed 2.5 Bath3BR,2.5BA$1.36
VALO at Olive Plaza2x2 TH2BR,2BA$1.30
Eagles Landing ApartmentsFreedom2BR,2BA$1.40
Sage Point VillageThe Juniper A - 2x22BR,2BA$1.46
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

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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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 Lemhi, ID Rentals by Map

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Frequently Asked Questions about Cheap Lemhi Apartments

What is the Cheapest Studio apartment in Lemhi?

Currently the most affordable Cheap Studio Apartment in Lemhi is at The Reverie at Taylors Crossing listed at $1,150.

How much is rent for a Cheap One Bedroom Lemhi Apartment?

The lowest price for a Cheap One Bedroom Lemhi Apartment is $925 at University Courtyard.

What is the lowest price for a Cheap Two Bedroom Lemhi Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lemhi is starting from $1,065 at University Gateway.

What is the most affordable Lemhi Three Bedroom Apartment?

The best deal on a cheap Lemhi Three Bedroom Apartment rental is at Black Feather Apartments and starts from $1,225.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.