Cheap Apartments for Rent near Murphy, ID from $1,125 (43 Rentals)

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

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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Yellowstone Apartments
$1,487 - $1,517

Total Monthly Price

Base Rent$1,487 - $1,517
Total Monthly Price$1,487 - $1,517
1 Bedroom Apartments Available Nov 14

Yellowstone Apartments

3500 West Pine AvenueMeridian, ID 83642
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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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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 Core
1 to 3 Bedroom Apartments

The Core

203 E Florida AveNampa, ID 83686
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Orchard Lofts
1 to 2 Bedroom Apartments

Orchard Lofts

337-341 W Orchard AveNampa, ID 83651
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Silver Ridge
1 to 2 Bedroom Apartments

Silver Ridge

4107 E Overland RdMeridian, ID 83642

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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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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Cortland South Meridian
Studio to 3 Bedroom Apartments

Cortland South Meridian

1871 S Spanish Fork WayMeridian, ID 83642
Corporate Housing
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Murphy, ID Local Guide

Cheapest Available Murphy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Murphy, ID is a 1 Bed unit found at Juniper Court Apartments in the Downtown Nampa neighborhood priced from $1,125. White Pines in the Downtown Nampa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,146. Here is today’s list of the most affordable Murphy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Juniper Court Apartments1BR/1BA1BR,1BA$1,125
White Pines1 x 11BR,1BA$1,146
Asher ApartmentsWilderStudio,1BA$1,425
The Station Apartments at GatewayAlbany1BR,1BA$1,444
Brownstone Flats ApartmentsStacked Flat2BR,2BA$1,475
Gramercy VillasGramercy_1x1_800sqft1BR,1BA$1,475
Ridgecrest CommonsA1A1BR,1BA$1,494
Quail Point Apartments2 Bedroom 2 Bath2BR,2BA$1,495
Farmstead ApartmentsDixie - 1x1 + Den1BR,1BA$1,499
Kuna Commons1 Bedroom1BR,1BA$1,500

Best Value Apartments for Rent in Murphy, ID and Nearby

As of September 11, 2026 the best value apartment in the Murphy area is the $1.26 price per square foot 2 Car Garage Model at Bellevue Heights in the in the Nampa neighborhood starting from $2,095. The second greatest value Murphy apartment is the 2 Bedroom 2 Bath Model at Crimson Point Apartments starting at $1,808 with a $1.73 price per square foot . Here is today’s list of the best values for Murphy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bellevue Heights2 Car Garage3BR,2.5BA$1.26
Crimson Point Apartments2 Bedroom 2 Bath2BR,2BA$1.73
Broadstone Townhomes2 Bedroom 2.5 Bath Townhome2BR,2.5BA$1.75
Brownstone Flats ApartmentsStacked Flat2BR,2BA$1.51
Quail Point Apartments2 Bedroom 2 Bath2BR,2BA$1.56
Red Tail by Baron (new)One Bedroom1BR,1BA$1.89
Farmstead ApartmentsDixie - 1x1 + Den1BR,1BA$1.74
Gramercy VillasGramercy_1x1_800sqft1BR,1BA$1.84
White Pines1 x 11BR,1BA$1.50
Juniper Court Apartments1BR/1BA1BR,1BA$1.79

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 Murphy, ID Rentals by Map

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Frequently Asked Questions about Cheap Murphy Apartments

What is the Cheapest Studio apartment in Murphy?

Currently the most affordable Cheap Studio Apartment in Murphy is at Asher Apartments listed at $1,425.

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

The lowest price for a Cheap One Bedroom Murphy Apartment is $1,125 at Juniper Court Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Murphy is starting from $1,376 at White Pines.

What is the most affordable Murphy Three Bedroom Apartment?

The best deal on a cheap Murphy Three Bedroom Apartment rental is at White Pines and starts from $1,592.

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.