
Cheap Apartments for Rent in Swanlake, ID from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Swanlake.


538 N. Main Street

723 W. Lewis Street

Fargo Apartments

Rosewood

Center Street

The Fremont
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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.

629 Main

Twin Creek Apartments

L59

421 N Hooper Ave

420 S 6th Ave

677 E 600 N

Gate City Apartments
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479 N 500 E

838 West Center Street

675 E 600 N

1160 South 4th Avenue

207 S Hayes

534 N 600 W

Pocatello Heights
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Arbor Court Apartments

320 Ashland Dr
Swanlake, ID Local Guide

How much does it cost to rent an apartment in Swanlake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Swanlake Studio Apartments | $782 | $625 | $1,259 |
| Swanlake 1 Bedroom Apartments | $1,298 | $845 | $2,247 |
| Swanlake 2 Bedroom Apartments | $1,447 | $900 | $2,290 |
| Swanlake 3 Bedroom Apartments | $1,687 | $500 | $2,540 |
| Swanlake 4 Bedroom Apartments | $539 | $500 | $695 |
Browse Top Apartments in Swanlake
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Swanlake, ID Local Guide
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Cheapest Available Swanlake Apartments for Rent and Nearby
 The cheapest available apartment rental in Swanlake, ID is a Studio unit found at 538 N. Main Street priced from $625. Gate City Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Swanlake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 538 N. Main Street | 0BR/1.0BA | Studio,1BA | $625 |
| Gate City Apartments | 0BR/1.0BA | Studio,1BA | $625 |
| 723 W. Lewis Street | 0BR/1.0BA | Studio,1BA | $650 |
| Fargo Apartments | Studio small | Studio,1BA | $680 |
| Rosewood | 0BR/1.0BA | Studio,1BA | $695 |
Best Value Apartments for Rent in Swanlake, ID and Nearby
As of April 12, 2026 the best value apartment in the Swanlake area is the $0.90 price per square foot 3 Beds, 2.5 baths Model at Jasper Loop in the starting from $1,875. The second greatest value Swanlake apartment is the Denali Model at The Factory starting at $695 with a $0.43 price per square foot in the Blackhawk neighborhood. Here is today’s list of the best values for Swanlake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jasper Loop | 3 Beds, 2.5 baths | 3BR,2.5BA | $0.90 |
| The Factory | Denali | 4BR,3BA | $0.43 |
| Nibley Towns | 3 bedroom/2.5 ba | 3BR,2.5BA | $1.21 |
| Smithfield Station Townhomes | 3 Bedroom 2.5 Bathroom | 3BR,2.5BA | $1.19 |
| Homestead Collection Apartments | Magnolia 2X2 | 2BR,2BA | $1.11 |
| Canyon Cove Apartments | 2 Bedroom | 2BR,2BA | $1.18 |
| Maple Valley | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| The Orchard on Oneida | 239-3 rooms | 3BR,2BA | $1.18 |
| 207 S Hayes | 2BR/1.0BA | 2BR,1BA | $1.21 |
| Gate City Apartments | 0BR/1.0BA | Studio ,1BA | $1.25 |
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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 Swanlake, ID Rentals by Map
See the most popular apartments and homes in Swanlake, ID
Frequently Asked Questions about Cheap Swanlake Apartments
What is the Cheapest Studio apartment in Swanlake?
Currently the most affordable Cheap Studio Apartment in Swanlake is at 538 N. Main Street listed at $625.
How much is rent for a Cheap One Bedroom Swanlake Apartment?
The lowest price for a Cheap One Bedroom Swanlake Apartment is $810 at Fargo Apartments.
What is the lowest price for a Cheap Two Bedroom Swanlake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Swanlake is starting from $845 at 207 S Hayes.
What is the most affordable Swanlake Three Bedroom Apartment?
The best deal on a cheap Swanlake Three Bedroom Apartment rental is at The Orchard on Oneida and starts from $1,295.
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.