
Cheap Apartments for Rent in Wallace, ID from $800 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Wallace.


Cedar Wood Estates I & II

Treetop Apartments

Silver Leaf Apartments

Bel Cielo Apartments LLC - 96

The Landmark

Timber Place by the Lake - Fully Renovated
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.

Riverview Collection - 275

Fairway Meadows

Rockwood Lodge

The Northern at Coeur dAlene Place

Fairwood

The Villas at Carrington

Timberline Lodge Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Villas at Hayden North

Bluegrass Farms Apartments

Carrington Place

The Lucille

Heritage Villas

Bo Apartments

The Lake
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

709 Upper 3rd St

2005 E Front Ave

524 N 17th St

107 Homestead Ave

1403 N 2nd St

309 S 19th St

623 W Florida Cir
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Wallace, ID Local Guide

How much does it cost to rent an apartment in Wallace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace Studio Apartments | $1,849 | $1,495 | $2,002 |
| Wallace 1 Bedroom Apartments | $1,621 | $899 | $2,550 |
| Wallace 2 Bedroom Apartments | $1,793 | $1,080 | $4,070 |
| Wallace 3 Bedroom Apartments | $1,899 | $1,241 | $2,995 |
| Wallace 4 Bedroom Apartments | $2,535 | $2,395 | $2,595 |
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Wallace, ID Local Guide
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Cheapest Available Wallace Apartments for Rent and Nearby
 The cheapest available apartment rental in Wallace, ID is a 2 Beds unit found at Riverstone Place Apartments in the Riverstone neighborhood priced from $1,080. Silver Leaf Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Wallace apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverstone Place Apartments | 2 Bedroom | 2BR,1BA | $1,080 |
| Silver Leaf Apartments | Two Bedroom Two Bath | 2BR,2BA | $1,200 |
| The Landmark | 1BR/1.0BA | 1BR,1BA | $1,295 |
| Rockwood Lodge | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,399 |
| Riverview Collection - 275 | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1,425 |
| The Villas at Hayden North | 1x1 | 1BR,1BA | $1,435 |
| Bluegrass Farms Apartments | 1x1 - Detached Garage | 1BR,1BA | $1,450 |
| Carrington Place | A1 | 1BR,1BA | $1,475 |
| Bel Cielo Apartments LLC - 96 | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1,485 |
| Bo Apartments | 1x1 D With Den | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Wallace, ID and Nearby
As of January 21, 2026 the best value apartment in the Wallace area is the $1.47 price per square foot Five Bedroom Model at The Foundry in the in the Riverstone neighborhood starting from $2,895. The second greatest value Wallace apartment is the 2 Bedroom 2.5 Bath Townhome Model at Avery Estates Townhomes starting at $1,845 with a $1.46 price per square foot . Here is today’s list of the best values for Wallace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Foundry | Five Bedroom | 5BR,2.5BA | $1.47 |
| Avery Estates Townhomes | 2 Bedroom 2.5 Bath Townhome | 2BR,2.5BA | $1.46 |
| Riverview Collection - 275 | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.48 |
| The Northern at Coeur dAlene Place | 3x2 | 3BR,2BA | $1.38 |
| Timberline Lodge Apartments | 3x2 | 3BR,2BA | $1.55 |
| Bel Cielo Apartments LLC - 96 | 2 bed, 2 bath | 2BR,2BA | $1.41 |
| Riverstone Place Apartments | 2 Bedroom | 2BR,1.5BA | $1.04 |
| Residence at Mill River | Two Bedroom Two Bath- DAY | 2BR,2BA | $1.66 |
| Silver Leaf Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.18 |
| River's Edge Apartments | 1 Bed | 1BR,1BA | $1.66 |
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 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 Wallace, ID Rentals by Map
See the most popular apartments and homes in Wallace, ID
Frequently Asked Questions about Cheap Wallace Apartments
How much is rent for a Cheap One Bedroom Wallace Apartment?
The lowest price for a Cheap One Bedroom Wallace Apartment is $1,295 at The Landmark.
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 $1,080 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 Northern at Coeur dAlene Place and starts from $1,680.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.