Cheap Apartments for Rent in Wallace, ID from $930 (40 Rentals)

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

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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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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River's Edge Apartments
Rent Specials
$1,600 - $2,170

Total Monthly Price

Base Rent$1,600 - $2,170
Total Monthly Price$1,600 - $2,170
1 to 3 Bedroom Apartments Available Now

River's Edge Apartments

3404 W Seltice WayCoeur d'Alene, ID 83814
Pet Friendly
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718 N 10th St
5 Bedroom Apartments

718 N 10th St

718 N 10th StCoeur d'Alene, ID 83814
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2585 Lilly Dr
6 Bedroom Apartments

2585 Lilly Dr

2585 Lilly DrCoeur d'Alene, ID 83814

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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Trail Lodge
1 to 3 Bedroom Apartments

Trail Lodge

3825 N Ramsey RdCoeur d'Alene, ID 83815
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The Mill
Studio to 2 Bedroom Apartments

The Mill

1705 N Government WayCoeur d'Alene, ID 83814
  • Utilities Included

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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Showing Results 1-40, Page 1 of 1

Wallace, ID Local Guide

Cheapest Available Wallace Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wallace, ID is a 1 Bed unit found at Hayden Country Ridge in the Kootenai County neighborhood priced from $930. The Northern at Coeur dAlene Place in the Kootenai County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,279. Here is today’s list of the most affordable Wallace apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hayden Country Ridge1 Bedroom1BR, 1BA$930
The Northern at Coeur dAlene Place1x11BR, 1BA$1,279
Riverstone Place Apartments2 Bedroom2BR, 1BA$1,280
Trails End Apartments2x21432BR, 2BA$1,455
849 N 4th St2BR/1BA2BR, 1BA$1,500
The Grove3 Bedroom3BR, 2BA$1,500
The MillParkStudio, 1BA$1,525
Timber Place by the Lake - Fully RenovatedPine2BR, 1BA$1,550
Rockwood Lodge2 Bedroom 1 Bathroom2BR, 1BA$1,575
River's Edge Apartments1 Bed1BR, 1BA$1,600

Best Value Apartments for Rent in Wallace, ID and Nearby

As of September 20, 2026 the best value apartment in the Wallace area is the $1.62 price per square foot 2 Car Garage Model at Orchard Land Duplexes in the Riverstone neighborhood starting from $2,295. The second greatest value Wallace apartment is the 3 bed, 2 bath Model at Bel Cielo Apartments LLC in the Kootenai County neighborhood starting at $1,665 with a $1.36 price per square foot. Here is today’s list of the best values for Wallace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Orchard Land Duplexes2 Car Garage3BR, 2.5BA$1.62
Bel Cielo Apartments LLC3 bed, 2 bath3BR, 2BA$1.36
Residence at Mill RiverThree Bedroom Two Bath - Standard3BR, 2BA$1.54
The Lucille2022BR, 2BA$1.56
Riverstone Place Apartments2 Bedroom2BR, 1.5BA$1.26
Carrington PlaceB12BR, 2BA$1.64
Riverview Collection2 Bedroom, 2 Bathroom2BR, 2BA$1.65
Trails End Apartments2x21432BR, 2BA$1.52
The Northern at Coeur dAlene Place1x11BR, 1BA$1.69
Hayden Country Ridge1 Bedroom1BR, 1BA$1.45

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!

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Frequently Asked Questions about Cheap Wallace Apartments

What is the Cheapest Studio apartment in Wallace?

Currently the most affordable Cheap Studio Apartment in Wallace is at The Mill listed at $1,525.

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

The lowest price for a Cheap One Bedroom Wallace Apartment is $930 at Hayden Country Ridge.

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

Today's best deal for a Cheap Two Bedroom Apartment in Wallace is starting from $1,280 at Riverstone Place Apartments.

What is the most affordable Wallace Three Bedroom Apartment?

The best deal on a cheap Wallace Three Bedroom Apartment rental is at The Grove and starts from $1,500.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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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.