Cheap Homes for Rent in Montpelier, ID from $400 (14 Rentals)

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property at 764 N 700 E

764 N 700 E

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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.

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.

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 $650. Rosewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. 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$650
Rosewood1BR/1.0BA1BR,1BA$695
416 W Lewis StStudioStudio,1BA$790
The FremontStudio Unit 8Studio,1BA$795
Arbor Court ApartmentsStudioStudio,1BA$800

Best Value Apartments for Rent in Montpelier, ID and Nearby

As of June 13, 2025 the best value apartment in the Montpelier area is the $1.13 price per square foot Phase 1 - 3 Bed 2 Bath 2nd Level Model at Maple Valley in the in the Woodruff neighborhood starting from $1,415. The second greatest value Montpelier apartment is the Magnolia 2X2 Model at Homestead Collection Apartments starting at $1,335 with a $1.11 price per square foot in the Blackhawk neighborhood. 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.
Maple ValleyPhase 1 - 3 Bed 2 Bath 2nd Level3BR,2BA$1.13
Homestead Collection ApartmentsMagnolia 2X22BR,2BA$1.11
Scenic View Apartment Homes2 Beds, 1 Baths2BR,1BA$1.20
Legacy Village ApartmentsPHASE 1: Legacy Village 2 Bed 2 Bath (Updated ...2BR,2BA$1.38
Cambridge Court Apartments2 Bed2BR,1.5BA$1.24
Providence Pointe2 Bedroom2BR,2BA$1.37
Kirkwood Meadows2 Bed 1 Bath2BR,1BA$1.36
Summit2 Bed 1 Bath2BR,1BA$1.29
1160 South 4th Avenue1BR/1.0BA1BR,1BA$1.38
723 W. Lewis Street0BR/1.0BAStudio ,1BA$1.30

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Frequently Asked Questions about Montpelier

What type of rentals are currently available in Montpelier?

There are currently 49 Apartments for Rent in Montpelier, ID with pricing that ranges from $625 to $5,171. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montpelier ranging from $475 to $3,750.

What is the current price range for Rental Homes in Montpelier?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Montpelier ranges from $475 to $3,750 with an average monthly rent of $1,612.

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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.