
Cheap Homes for Rent in Ponderay, ID from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Ponderay.


226 Mogul Hill Rd

290 E Mid Town Ln

5415 Grove Ave

1120 N 6th St
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.

140 Cedar Hill

8205 N Ridgewood Dr

34498 N Lyvel Ave

8870 W Mdw Brk

8233 N Ridgewood Dr
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.
Ponderay, ID Local Guide

How much does it cost to rent a home in Ponderay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ponderay 2 Bedroom Homes for Rent | $1,797 | $1,350 | $2,750 |
| Ponderay 3 Bedroom Homes for Rent | $2,343 | $1,500 | $3,250 |
| Ponderay 4 Bedroom Homes for Rent | $3,011 | $2,275 | $4,200 |
| Ponderay 5 Bedroom Homes for Rent | $2,940 | $2,875 | $2,995 |
Browse Top Homes for Rent in Ponderay
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Ponderay, ID Local Guide
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Cheapest Available Ponderay Apartments for Rent and Nearby
 The cheapest available apartment rental in Ponderay, ID is a 6 Beds unit found at 9725 N Gleason Rd priced from $700. Cedar Wood Estates I & II in the Riverstone neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,040. Here is today’s list of the most affordable Ponderay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 9725 N Gleason Rd | Rent by Room | 6BR,4BA | $700 |
| Cedar Wood Estates I & II | 1 Bedroom | 1BR,1BA | $1,040 |
| Samuelson Place Apartments | 3b 2b | 3BR,2BA | $1,244 |
Best Value Apartments for Rent in Ponderay, ID and Nearby
As of April 10, 2026 the best value apartment in the Ponderay area is the $0.19 price per square foot Rent by Room Model at 9725 N Gleason Rd in the starting from $700. The second greatest value Ponderay apartment is the 5 BED 2.5 BATH D.2 Model at Cottages at Tullamore starting at $2,895 with a $1.53 price per square foot in the Black Bay Park neighborhood. Here is today’s list of the best values for Ponderay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 9725 N Gleason Rd | Rent by Room | 6BR,4BA | $0.19 |
| Cottages at Tullamore | 5 BED 2.5 BATH D.2 | 5BR,2.5BA | $1.53 |
| Samuelson Place Apartments | 3b 2b | 3BR,2BA | $0.98 |
| Ponderay Lodge | Three Bedroom | 3BR,2BA | $1.31 |
| Heritage Villas | 2x2 Aspen | 2BR,2BA | $1.44 |
| Timberline Lodge Apartments | 3x2 | 3BR,2BA | $1.51 |
| The Residence at Corbin Crossing | 2x2.1 | 2BR,2BA | $1.53 |
| Villas at Tullamore | B2 | 2BR,2BA | $1.61 |
| Homestead Village Apartments | 2x1 | 2BR,1BA | $1.68 |
| Cedar Wood Estates I & II | 1 Bedroom | 1BR,1BA | $1.58 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ponderay, ID Rentals by Map
See the most popular apartments and homes in Ponderay, ID
Frequently Asked Questions about Ponderay
What type of rentals are currently available in Ponderay?
There are currently 55 Apartments for Rent in Ponderay, ID with pricing that ranges from $700 to $2,895. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ponderay ranging from $1,295 to $4,200.
What is the current price range for Rental Homes in Ponderay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ponderay ranges from $1,295 to $4,200 with an average monthly rent of $2,312.
How much are larger Three and Four Bedroom Rentals in Ponderay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ponderay range from $1,244 to $2,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,275 and Four Bedroom Apartments start at $2,495.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.