Cheap Apartments for Rent near May, ID from $865 (44 Rentals)

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

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.

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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.

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Pepperwood Village
Studio to 2 Bedroom Apartments

Pepperwood Village

1486 Curlew DrIdaho Falls, ID 83406

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.

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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
1 to 2 Bedroom Apartments

At Home Rexburg

332 S 4th WRexburg, ID 83440
Student Housing
  • Utilities Included

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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Eden Apartments
1 to 2 Bedroom Apartments

Eden Apartments

555 W Mikan DrRexburg, ID 83440
Corporate Housing
  • Utilities Included
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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

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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Sparrow Hill
1 to 3 Bedroom Apartments

Sparrow Hill

1764 Sparrow Hill CtIdaho Falls, ID 83404
Showing Results 1-44, Page 1 of 1

May, ID Local Guide

Cheapest Available May Apartments for Rent and Nearby

 

The cheapest available apartment rental in May, 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 May apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Courtyard1X1 Unfurnished1BR,1BA$925
Chicane Apartments at the RiverwalkStudioStudio,1BA$950
Black Feather Apartments1 Bedrom1BR,1BA$998
The Reverie at Taylors CrossingSkylarkStudio,1BA$1,024
Stone Brook ApartmentsHenry's Lake1BR,1BA$1,025
The Residences at Victory Ranch1x1 Cascade1BR,1BA$1,099
Madison Station1x11BR,1BA$1,124
Village at RexburgFremont - 2/1.002BR,1BA$1,125
Providence Square2x1-B2BR,1BA$1,165
Pioneer CrossingA21BR,1BA$1,199

Best Value Apartments for Rent in May, ID and Nearby

As of September 11, 2026 the best value apartment in the May 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 May apartment is the 3x2.5 Model at Cassiopeia Townhomes starting at $2,075 with a $1.35 price per square foot . Here is today’s list of the best values for May apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Skyline Manor3 Beds, 2.5 Baths3BR,2.5BA$0.92
Cassiopeia Townhomes3x2.53BR,2.5BA$1.35
Valo at Bellin TownhomesSide Load Unit3BR,2.5BA$1.48
Meadowcreek Townhomes2x2.52BR,2.5BA$1.37
Equinox on LincolnLincoln 32BR,2.5BA$1.45
The Falls at Snake River LandingThe Terrace3BR,2BA$1.48
Sage Point VillageThe Juniper B - 2x22BR,2BA$1.41
Village at RexburgFremont - 2/1.002BR,1BA$1.32
Eagles Landing ApartmentsTalon 21BR,1BA$1.54
The Residences at Victory Ranch1x1 Cascade1BR,1BA$1.48

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 May, ID Rentals by Map

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Frequently Asked Questions about Cheap May Apartments

What is the Cheapest Studio apartment in May?

Currently the most affordable Cheap Studio Apartment in May is at Chicane Apartments at the Riverwalk listed at $950.

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in May is starting from $1,125 at Village at Rexburg.

What is the most affordable May Three Bedroom Apartment?

The best deal on a cheap May Three Bedroom Apartment rental is at Black Feather Apartments and starts from $1,350.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.