
Cheap Apartments for Rent in Montpelier, ID from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Montpelier.


Fargo Apartments
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.

838 West Center Street

421 N Hooper Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

536 N 600 E

677 E 600 N

456 N 600 E

626 E 800 N
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

675 E 600 N
Montpelier, ID Local Guide

How much does it cost to rent an apartment in Montpelier?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montpelier Studio Apartments | $1,102 | $575 | $1,810 |
| Montpelier 1 Bedroom Apartments | $1,332 | $745 | $1,984 |
| Montpelier 2 Bedroom Apartments | $1,508 | $900 | $2,265 |
| Montpelier 3 Bedroom Apartments | $1,853 | $500 | $2,299 |
| Montpelier 4 Bedroom Apartments | $695 | $695 | $695 |
Browse Top Apartments in Montpelier
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Montpelier, ID Local Guide
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Cheapest Available Montpelier Apartments for Rent and Nearby
 The cheapest available apartment rental in Montpelier, ID is a Studio unit found at Scenic View Apartment Homes priced from $575. 538 N. Main Street has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Montpelier apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Scenic View Apartment Homes | 1 Beds, 1 Baths | Studio,1BA | $575 |
| 538 N. Main Street | 0BR/1.0BA | Studio,1BA | $625 |
| Fargo Apartments | Studio small | Studio,1BA | $680 |
| The Fremont | Studio Unit 6 | Studio,1BA | $750 |
| Providence Pointe | 3 Bedroom | 3BR,2BA | $764 |
Best Value Apartments for Rent in Montpelier, ID and Nearby
As of December 30, 2025 the best value apartment in the Montpelier area is the $0.90 price per square foot 3 Beds, 2.5 baths Model at Jasper Loop in the starting from $1,875. The second greatest value Montpelier apartment is the 3 Bedroom 2.5 Bathroom Model at Smithfield Station Townhomes starting at $1,900 with a $1.23 price per square foot . Here is today’s list of the best values for Montpelier apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jasper Loop | 3 Beds, 2.5 baths | 3BR,2.5BA | $0.90 |
| Smithfield Station Townhomes | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.23 |
| Nibley Towns | 3 bedroom/2.5 ba | 3BR,2.5BA | $1.30 |
| Canyon Cove Apartments | 3 Bedroom | 3BR,2BA | $1.15 |
| Maple Valley | Phase 1 - 3 Bed 2 Bath 2nd Level | 3BR,2BA | $1.13 |
| The Factory (new) | Manhattan | 3BR,3BA | $0.40 |
| Homestead Collection Apartments | Magnolia 2X2 | 2BR,2BA | $1.11 |
| The Orchard on Oneida | 239-3 rooms | 3BR,2BA | $1.18 |
| Kirkwood Meadows | 2 Bed 1 Bath | 2BR,1BA | $1.22 |
| Scenic View Apartment Homes | 1 Beds, 1 Baths | Studio ,1BA | $0.88 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Best Local Schools in Montpelier, ID
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montpelier, ID Rentals by Map
See the most popular apartments and homes in Montpelier, ID
Frequently Asked Questions about Cheap Montpelier Apartments
What is the Cheapest Studio apartment in Montpelier?
Currently the most affordable Cheap Studio Apartment in Montpelier is at Scenic View Apartment Homes listed at $575.
How much is rent for a Cheap One Bedroom Montpelier Apartment?
The lowest price for a Cheap One Bedroom Montpelier Apartment is $810 at Fargo Apartments.
What is the lowest price for a Cheap Two Bedroom Montpelier Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montpelier is starting from $900 at Fargo Apartments.
What is the most affordable Montpelier Three Bedroom Apartment?
The best deal on a cheap Montpelier Three Bedroom Apartment rental is at Providence Pointe and starts from $764.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!







