Cheap Apartments for Rent in Lima, MT from $700 (16 Rentals)

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

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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
  • Utilities Included
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The Sugar
2 Bedroom Apartments

The Sugar

347 S 400 WRexburg, ID 83440
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Eden Apartments
1 to 2 Bedroom Apartments

Eden Apartments

555 W Mikan DrRexburg, ID 83440
  • Utilities Included

Lima, MT Local Guide

Cheapest Available Lima Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lima, MT is a 1 Bed unit found at Black Feather Apartments priced from $998. Chicane Apartments at the Riverwalk in the Downtown Idaho Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Lima apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Black Feather Apartments1 Bedrom1BR,1BA$998
Chicane Apartments at the Riverwalk1 Bed 1 Bath1BR,1BA$1,095
Eagles LandingTalon1BR,1BA$1,178
The Residences at Victory Ranch1x1 Cascade1BR,1BA$1,199
Hitt Road Patio Home Apartments1 Bedroom, 1 Bathroom w/ Garage Included1BR,1BA$1,275

Best Value Apartments for Rent in Lima, MT and Nearby

As of September 18, 2025 the best value apartment in the Lima area is the $1.08 price per square foot 3x2.5 Model at Meadowcreek Townhomes in the starting from $1,575. The second greatest value Lima apartment is the 3 Bedroom x 2.5 Bathroom Townhome Model at Orchard Park Townhomes starting at $1,999 with a $1.42 price per square foot . Here is today’s list of the best values for Lima apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meadowcreek Townhomes3x2.53BR,2.5BA$1.08
Orchard Park Townhomes3 Bedroom x 2.5 Bathroom Townhome3BR,2.5BA$1.42
SouthBridge Townhomes2x2.5 B2 - 2 Car Garage (Marion)2BR,2.5BA$1.38
VALO at Olive Plaza2x2 TH2BR,2BA$1.37
Equinox on LincolnLincoln 22BR,2.5BA$1.53
Sparrow Hill2 bedroom 2 bath2BR,2BA$1.40
Teton Oasis Apartments2 Bedroom/ 2 Bath2BR,2BA$1.39
Manchester United1 Bed, 1 bath1BR,1BA$1.55
Eagles LandingTalon 21BR,1BA$1.45
Chicane Apartments at the Riverwalk1 Bed 1 Bath1BR,1BA$1.42

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Getting Around Lima, MT

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

21 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lima Apartments

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

The lowest price for a Cheap One Bedroom Lima Apartment is $998 at Black Feather Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lima is starting from $1,194 at Black Feather Apartments.

What is the most affordable Lima Three Bedroom Apartment?

The best deal on a cheap Lima Three Bedroom Apartment rental is at Black Feather Apartments and starts from $1,397.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.