326 Lost River Ave
ArcoID83213
Cheap Homes for Rent in Lima, MT from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lima.
520 W 7th S
RexburgID83440
311 E Lorene St
RexburgID83440
564 Caribou St
RigbyID83442
908 Roosevelt Ave
SalmonID83467
264 N 3rd E
RexburgID83440
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Lima, MT Local Guide
Couple in canola field by Ryan McKee is licensed under CC BY 2.0
How much does it cost to rent a home in Lima?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lima 2 Bedroom Homes for Rent | $2,002 | $950 | $4,500 |
| Lima 3 Bedroom Homes for Rent | $1,865 | $1,150 | $2,500 |
| Lima 4 Bedroom Homes for Rent | $2,686 | $2,295 | $2,900 |
| Lima 5 Bedroom Homes for Rent | $2,200 | $1,900 | $2,500 |
| Lima 6 Bedroom Homes for Rent | $2,780 | $2,695 | $2,950 |
Browse Top Homes for Rent in Lima
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Lima, MT Local Guide
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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. The Atlas Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,017. Here is today’s list of the most affordable Lima apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Black Feather Apartments | 1 Bedrom | 1BR,1BA | $998 |
| The Atlas Apartments | 1 X 1 | 1BR,1BA | $1,017 |
| Centennial Patio Home Apartments | 1 Bedroom, 1 Bathroom w/ Garage Included | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Lima, MT and Nearby
As of July 31, 2025 the best value apartment in the Lima area is the $0.73 price per square foot Live/Work Model at Chicane Apartments at the Riverwalk in the in the Downtown Idaho Falls neighborhood starting from $1,750. The second greatest value Lima apartment is the 3x2.5 Model at Meadowcreek Townhomes starting at $1,575 with a $1.08 price per square foot . Here is today’s list of the best values for Lima apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chicane Apartments at the Riverwalk | Live/Work | Studio ,1BA | $0.73 |
| Meadowcreek Townhomes | 3x2.5 | 3BR,2.5BA | $1.08 |
| Orchard Park Townhomes | 3 Bedroom x 2.5 Bathroom Townhome | 3BR,2.5BA | $1.49 |
| VALO at Olive Plaza | 2x2 TH | 2BR,2BA | $1.37 |
| Equinox on Lincoln | Lincoln 2 | 2BR,2.5BA | $1.53 |
| Sparrow Hill | 2 bedroom 2 bath | 2BR,2BA | $1.30 |
| Sage Point Village | 2x2 - 3rd Floor - $1,375 | 2BR,2BA | $1.29 |
| Teton Oasis Apartments | 2 Bedroom/ 2 Bath | 2BR,2BA | $1.39 |
| Canyon Land | 2 Beds, 1 bath | 2BR,1BA | $1.59 |
| Manchester United | 1 Bed, 1 bath | 1BR,1BA | $1.55 |
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Frequently Asked Questions about Lima
What type of rentals are currently available in Lima?
There are currently 44 Apartments for Rent in Lima, MT with pricing that ranges from $860 to $7,086. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lima ranging from $700 to $4,500.
What is the current price range for Rental Homes in Lima?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lima ranges from $700 to $4,500 with an average monthly rent of $2,040.
How much are larger Three and Four Bedroom Rentals in Lima?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lima range from $1,397 to $3,917, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,350.
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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.