
Cheap Homes for Rent in Montpelier, ID from $400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Montpelier.


53 S Main St

626 E 800 N

126 S 100 E

144 W 1575 N

341 E 2700 N

1760 N 400 E
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.

320 Ashland Dr

571 E Hooper Ave

421 N Hooper Ave

551 E Hooper Ave
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.

351 S 1st St E

1263 N 400 E

812 N 700 E
Montpelier, ID Local Guide

How much does it cost to rent a home in Montpelier?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Montpelier 2 Bedroom Homes for Rent | $1,013 | $475 | $1,425 |
Montpelier 3 Bedroom Homes for Rent | $1,580 | $700 | $1,900 |
Montpelier 4 Bedroom Homes for Rent | $675 | $675 | $675 |
Montpelier 5 Bedroom Homes for Rent | $3,122 | $2,495 | $3,750 |
Montpelier 6 Bedroom Homes for Rent | $2,800 | $2,500 | $3,100 |
Browse Top Homes for Rent 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
723 W. Lewis Street | 0BR/1.0BA | Studio,1BA | $650 |
Rosewood | 1BR/1.0BA | 1BR,1BA | $695 |
416 W Lewis St | Studio | Studio,1BA | $790 |
The Fremont | Studio Unit 8 | Studio,1BA | $795 |
Arbor Court Apartments | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Maple Valley | Phase 1 - 3 Bed 2 Bath 2nd Level | 3BR,2BA | $1.13 |
Homestead Collection Apartments | Magnolia 2X2 | 2BR,2BA | $1.11 |
Scenic View Apartment Homes | 2 Beds, 1 Baths | 2BR,1BA | $1.20 |
Legacy Village Apartments | PHASE 1: Legacy Village 2 Bed 2 Bath (Updated ... | 2BR,2BA | $1.38 |
Cambridge Court Apartments | 2 Bed | 2BR,1.5BA | $1.24 |
Providence Pointe | 2 Bedroom | 2BR,2BA | $1.37 |
Kirkwood Meadows | 2 Bed 1 Bath | 2BR,1BA | $1.36 |
Summit | 2 Bed 1 Bath | 2BR,1BA | $1.29 |
1160 South 4th Avenue | 1BR/1.0BA | 1BR,1BA | $1.38 |
723 W. Lewis Street | 0BR/1.0BA | Studio ,1BA | $1.30 |
Quick Rent Budget Calculator
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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.

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.

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.

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.

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.