
Cheap Homes for Rent near Lemhi, ID from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lemhi.


311 Adams St

515 James St

2015 Wall St

2869 E 664 N
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2 Cherry St

3 Bennett St

2037 Whitman Ave

1011 E 3rd St

1305 E 2nd St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Lemhi, ID Local Guide

How much does it cost to rent a home in Lemhi?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lemhi 2 Bedroom Homes for Rent | $1,945 | $1,350 | $3,000 |
| Lemhi 3 Bedroom Homes for Rent | $2,049 | $1,400 | $3,200 |
| Lemhi 4 Bedroom Homes for Rent | $4,066 | $1,500 | $8,500 |
| Lemhi 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Lemhi 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
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Lemhi, ID Local Guide
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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. Chicane Apartments at the Riverwalk in the Downtown Idaho Falls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Lemhi apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Courtyard | 1X1 Unfurnished | 1BR,1BA | $925 |
| Chicane Apartments at the Riverwalk | Studio | Studio,1BA | $950 |
| Rosewood Patio Homes | 1x1 | 1BR,1BA | $995 |
Best Value Apartments for Rent in Lemhi, ID and Nearby
As of August 09, 2026 the best value apartment in the Lemhi area is the $0.92 price per square foot 3 Beds, 2.5 Baths Model at Skyline Manor in the starting from $1,420. The second greatest value Lemhi apartment is the 3x2.5 Model at Cassiopeia Townhomes starting at $2,179 with a $1.41 price per square foot . Here is today’s list of the best values for Lemhi apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Skyline Manor | 3 Beds, 2.5 Baths | 3BR,2.5BA | $0.92 |
| Cassiopeia Townhomes | 3x2.5 | 3BR,2.5BA | $1.41 |
| VALO at Olive Plaza | 3x2.5 TH | 3BR,2.5BA | $1.17 |
| Equinox on Lincoln | Lincoln 3 | 2BR,2.5BA | $1.45 |
| Teton Oasis Apartments | 2 Bedroom/1 Bath | 2BR,1BA | $1.42 |
| Eagles Landing Apartments | Talon | 1BR,1BA | $1.37 |
| Rexburg Centennial Townhomes | 2B/1B | 2BR,1BA | $1.56 |
| Ammon Manchester | 1B/1B | 1BR,1BA | $1.55 |
| The Residences at Victory Ranch | 1x1 Cascade | 1BR,1BA | $1.48 |
| Stone Brook Apartments | Henry's Lake | 1BR,1BA | $1.60 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lemhi
What type of rentals are currently available in Lemhi?
There are currently 51 Apartments for Rent in Lemhi, ID with pricing that ranges from $865 to $12,000. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lemhi ranging from $550 to $8,500.
What is the current price range for Rental Homes in Lemhi?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lemhi ranges from $550 to $8,500 with an average monthly rent of $2,132.
How much are larger Three and Four Bedroom Rentals in Lemhi?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lemhi range from $1,350 to $3,710, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,800.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.