
Cheap Apartments for Rent in Shelley, ID from $300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelley.


Carnoustie I

Village at Rexburg

University Courtyard

Campus Courtyard

University Gateway

Chicane Apartments at the Riverwalk

Stone Brook Apartments

Rosewood Patio Homes
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.

Black Feather Apartments

The Residences at Victory Ranch

Madison Station

Pioneer Crossing

Rexburg Centennial Townhomes

Providence Square

Teton Oasis Apartments

157 E Elva St

1474 Benton St
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.

418 18th St

Pepperwood Village

The Strawberry

At Home Rexburg

1680 Calkins Ave

1489 Mountain View Ln

5033 Hawthorne Rd

411 Gladstone St

337 E 15th St
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.

1491 Mountain View Ln

The Brenchley Apartments

301 E 18th St

3570 Colt Cir

Mesa Falls Apartments

Eden Apartments

2348 Stace St

Idaho Falls Skyline

907 J 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.
Shelley, ID Local Guide

How much does it cost to rent an apartment in Shelley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelley Studio Apartments | $1,153 | $865 | $1,324 |
| Shelley 1 Bedroom Apartments | $1,311 | $925 | $2,245 |
| Shelley 2 Bedroom Apartments | $1,624 | $995 | $3,318 |
| Shelley 3 Bedroom Apartments | $2,070 | $1,350 | $3,710 |
| Shelley 4 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Top Apartments in Shelley
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Shelley, ID Local Guide
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Cheapest Available Shelley Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelley, ID is a 1 Bed unit found at University Courtyard priced from $925. Chicane Apartments at the Riverwalk in the Downtown Idaho Falls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Shelley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Courtyard | 1X1 Unfurnished | 1BR,1BA | $925 |
| Chicane Apartments at the Riverwalk | Studio | Studio,1BA | $950 |
| Rosewood Patio Homes | 1x1 | 1BR,1BA | $995 |
| The Residences at Victory Ranch | 1x1 Cascade | 1BR,1BA | $1,099 |
| Madison Station | 1x1 | 1BR,1BA | $1,124 |
| Pioneer Crossing | A1 | 1BR,1BA | $1,145 |
| Rexburg Centennial Townhomes | 1B/1B | 1BR,1BA | $1,150 |
| Providence Square | 2x1-B | 2BR,1BA | $1,165 |
| Stone Brook Apartments | Island | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in Shelley, ID and Nearby
As of August 19, 2026 the best value apartment in the Shelley area is the $0.92 price per square foot 3 Beds, 2.5 Baths Model at Skyline Manor in the starting from $1,420. The second greatest value Shelley apartment is the 3x2.5 Model at Cassiopeia Townhomes starting at $2,100 with a $1.36 price per square foot . Here is today’s list of the best values for Shelley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Skyline Manor | 3 Beds, 2.5 Baths | 3BR,2.5BA | $0.92 |
| Cassiopeia Townhomes | 3x2.5 | 3BR,2.5BA | $1.36 |
| Valo at Bellin Townhomes | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.43 |
| Eagles Landing Apartments | Majestic | 2BR,1.5BA | $1.32 |
| Equinox on Lincoln | Lincoln 2 | 2BR,2BA | $1.57 |
| Rexburg Centennial Townhomes | 2B/1B | 2BR,1BA | $1.56 |
| Ammon Manchester | 1B/1B | 1BR,1BA | $1.55 |
| Stone Brook Apartments | Island | 2BR,1BA | $1.46 |
| The Residences at Victory Ranch | 1x1 Cascade | 1BR,1BA | $1.48 |
| Teton Oasis Apartments | 1 Bedroom/ 1 Bath Floorplan B | 1BR,1BA | $1.63 |
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.
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.
Best Local Schools in Shelley, ID
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shelley, ID Rentals by Map
See the most popular apartments and homes in Shelley, ID
Frequently Asked Questions about Cheap Shelley Apartments
What is the Cheapest Studio apartment in Shelley?
Currently the most affordable Cheap Studio Apartment in Shelley is at Chicane Apartments at the Riverwalk listed at $950.
How much is rent for a Cheap One Bedroom Shelley Apartment?
The lowest price for a Cheap One Bedroom Shelley Apartment is $925 at University Courtyard.
What is the lowest price for a Cheap Two Bedroom Shelley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Shelley is starting from $1,165 at Providence Square.
What is the most affordable Shelley Three Bedroom Apartment?
The best deal on a cheap Shelley Three Bedroom Apartment rental is at Skyline Manor and starts from $1,420.
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.