
Cheap Apartments for Rent near Lincoln, ID from $865 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Lincoln.


University Courtyard

Campus Courtyard

Chicane Apartments at the Riverwalk

University Gateway

Stone Brook Apartments

Black Feather Apartments
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.

The Residences at Victory Ranch

Madison Station

Providence Square

Total Monthly Price
Rosewood Patio Homes

Pioneer Crossing

Teton Oasis Apartments

3354 E Iona Rd
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.

157 E Elva St

1474 Benton St

3156 Chasewood Dr

411 Gladstone St

2137 Meppen Dr

2139 Meppen Dr

672 Foster Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

2348 Stace St

1512 N Stevens Dr
Lincoln, ID Local Guide

How much does it cost to rent an apartment in Lincoln?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln Studio Apartments | $1,153 | $865 | $1,324 |
| Lincoln 1 Bedroom Apartments | $1,281 | $925 | $2,245 |
| Lincoln 2 Bedroom Apartments | $1,598 | $1,065 | $3,318 |
| Lincoln 3 Bedroom Apartments | $2,053 | $1,350 | $3,710 |
| Lincoln 4 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Top Apartments in Lincoln
See all Apartments in LincolnExplore Lincoln
Lincoln, ID Local Guide
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Cheapest Available Lincoln Apartments for Rent and Nearby
 The cheapest available apartment rental in Lincoln, ID is a Studio unit found at Chicane Apartments at the Riverwalk in the Downtown Idaho Falls neighborhood priced from $950. Stone Brook Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Lincoln apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chicane Apartments at the Riverwalk | Studio | Studio,1BA | $950 |
| Stone Brook Apartments | Henry's Lake | 1BR,1BA | $1,025 |
| The Residences at Victory Ranch | 1x1 Cascade | 1BR,1BA | $1,099 |
| Madison Station | 1x1 | 1BR,1BA | $1,124 |
| Providence Square | 2x1-B | 2BR,1BA | $1,165 |
Best Value Apartments for Rent in Lincoln, ID and Nearby
As of August 23, 2026 the best value apartment in the Lincoln 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 Lincoln apartment is the 3 Bed 2.5 Bath Model at Valo at Bellin Townhomes starting at $2,050 with a $1.36 price per square foot . Here is today’s list of the best values for Lincoln 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 |
| Valo at Bellin Townhomes | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.36 |
| Meadowcreek Townhomes | 3x2.5 | 3BR,2.5BA | $1.26 |
| Eagles Landing Apartments | Majestic | 2BR,1.5BA | $1.25 |
| The Falls at Snake River Landing | The Ravine | 2BR,2BA | $1.65 |
| The Ivory at Woodruff | B1 | 2BR,2BA | $1.65 |
| Ammon Manchester | 1B/1B | 1BR,1BA | $1.55 |
| The Residences at Victory Ranch | 1x1 Cascade | 1BR,1BA | $1.48 |
| Teton Oasis Apartments | 1 Bedroom/ 1 Bath Floorplan B | 1BR,1BA | $1.63 |
| 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lincoln, ID Rentals by Map
See the most popular apartments and homes in Lincoln, ID
Frequently Asked Questions about Cheap Lincoln Apartments
What is the Cheapest Studio apartment in Lincoln?
Currently the most affordable Cheap Studio Apartment in Lincoln is at Chicane Apartments at the Riverwalk listed at $950.
How much is rent for a Cheap One Bedroom Lincoln Apartment?
The lowest price for a Cheap One Bedroom Lincoln Apartment is $995 at Chicane Apartments at the Riverwalk.
What is the lowest price for a Cheap Two Bedroom Lincoln Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lincoln is starting from $1,165 at Providence Square.
What is the most affordable Lincoln Three Bedroom Apartment?
The best deal on a cheap Lincoln Three Bedroom Apartment rental is at Skyline Manor and starts from $1,420.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.