
Cheap Homes for Rent near Ponderay, ID from $995 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Ponderay.


563 Terry Trl

468800 US-95
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.

801 1st St

106 S 1st Ave

10646 N Lakeview Dr
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.

60 Short Dr
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 | $1,767 | $995 | $2,520 |
| Ponderay 3 Bedroom Homes for Rent | $2,245 | $1,550 | $3,150 |
| Ponderay 4 Bedroom Homes for Rent | $3,332 | $2,200 | $5,000 |
Browse Top Homes for Rent in Ponderay
Explore Ponderay
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 2 Beds unit found at Tullamore Commons in the Kootenai County neighborhood priced from $1,000. 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 |
|---|---|---|---|
| Tullamore Commons | 2 Bedroom | 2BR,1BA | $1,000 |
| Cedar Wood Estates I & II | 1 Bedroom | 1BR,1BA | $1,040 |
| Tullamore Place Apartments | 1 Bedroom | 1BR,1BA | $1,080 |
Best Value Apartments for Rent in Ponderay, ID and Nearby
As of August 25, 2026 the best value apartment in the Ponderay area is the $1.40 price per square foot 3x2 Model at Crown Pointe Apartments in the in the Kootenai County neighborhood starting from $1,800. The second greatest value Ponderay apartment is the 2 Bedroom 2.5 Bath Townhome Model at Avery Estates Townhomes starting at $1,895 with a $1.50 price per square foot in the Kootenai County 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. |
|---|---|---|---|
| Crown Pointe Apartments | 3x2 | 3BR,2BA | $1.40 |
| Avery Estates Townhomes | 2 Bedroom 2.5 Bath Townhome | 2BR,2.5BA | $1.50 |
| Ponderay Lodge | Three Bedroom | 3BR,2BA | $1.41 |
| Silver Lake I & II | 3 Bedroom FMV | 3BR,1.5BA | $1.42 |
| Timberline Lodge Apartments | 3x2 | 3BR,2BA | $1.52 |
| The Northern at Coeur dAlene Place | 2x2 | 2BR,2BA | $1.60 |
| Tullamore Place Apartments | 2 Bedroom | 2BR,2BA | $1.23 |
| Tullamore Commons | 2 Bedroom | 2BR,1BA | $1.10 |
| Hayden Country Ridge | 2 Bedroom | 2BR,1BA | $1.22 |
| Cedar Wood Estates I & II | 1 Bedroom | 1BR,1BA | $1.58 |
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.
Read ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 59 Apartments for Rent in Ponderay, ID with pricing that ranges from $1,000 to $2,895. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ponderay ranging from $995 to $5,000.
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 $995 to $5,000 with an average monthly rent of $2,077.
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 $1,700 to $2,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,150. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,395.
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

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.

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.