Cheap Apartments for Rent in Montpelier, ID from $500 (15 Rentals)

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

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property at 644 E 600 N

644 E 600 N

LoganUT84321
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723 W. Lewis Street
Studio to 1 Bedroom Apartments

723 W. Lewis Street

723 W Lewis StPocatello, ID 83204
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Providence Pointe
2 to 3 Bedroom Apartments

Providence Pointe

1320 N 200 EastLogan, UT 84341

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Fargo Apartments
Studio to 2 Bedroom Apartments

Fargo Apartments

340 S Arthur AvePocatello, ID 83204
  • Utilities Included
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629 Main
Studio to 2 Bedroom Apartments

629 Main

629 S Main StPocatello, ID 83204

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1160 South 4th Avenue
Studio to 1 Bedroom Apartments

1160 South 4th Avenue

1160 S 4th AvePocatello, ID 83201
  • Utilities Included

Montpelier, ID Local Guide

Cheapest Available Montpelier Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montpelier, ID is a Studio unit found at 723 W. Lewis Street priced from $625. 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 ListingModel NameBed/BathPriced From
723 W. Lewis Street0BR/1.0BAStudio,1BA$625
538 N. Main Street0BR/1.0BAStudio,1BA$625
Rosewood0BR/1.0BAStudio,1BA$695
629 Main1BR/1.0BA1BR,1BA$695
The FremontStudio Unit 6Studio,1BA$750

Best Value Apartments for Rent in Montpelier, ID and Nearby

As of September 07, 2025 the best value apartment in the Montpelier area is the $0.43 price per square foot Denali Model at The Factory (new) in the in the Blackhawk neighborhood starting from $695. The second greatest value Montpelier apartment is the 3 Bedroom 2.5 Bathroom Model at Smithfield Station Townhomes starting at $1,829 with a $1.19 price per square foot . Here is today’s list of the best values for Montpelier apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Factory (new)Denali4BR,3BA$0.43
Smithfield Station Townhomes3 Bedroom 2.5 Bathroom3BR,2.5BA$1.19
Oak MeadowsMeadow3BR,2BA$1.08
Maple ValleyPhase 1 - 3 Bed 2 Bath 2nd Level3BR,2BA$1.15
Homestead Collection ApartmentsMagnolia 2X22BR,2BA$1.11
Providence Pointe3 Bedroom3BR,2BA$1.20
Cambridge Court Apartments2 Bed2BR,1.5BA$1.16
Scenic View Apartment Homes2 Beds, 1 Baths2BR,1BA$1.28
629 Main1BR/1.0BA1BR,1BA$1.16
723 W. Lewis Street0BR/1.0BAStudio ,1BA$1.25

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Montpelier, ID

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 723 W. Lewis Street listed at $625.

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

The lowest price for a Cheap One Bedroom Montpelier Apartment is $695 at 629 Main.

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 $895 at Scenic View Apartment Homes.

What is the most affordable Montpelier Three Bedroom Apartment?

The best deal on a cheap Montpelier Three Bedroom Apartment rental is at The Orchard on Oneida and starts from $1,295.

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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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.

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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.

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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.