
Cheap Homes for Rent near Wallace, ID from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Wallace.


147 E Willow Tree Ln

2893 N Julie Ann Ct

623 E Whispering Pines Ln

219 E Coeur D'Alene Lake Dr
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.

507 S Division St

801 E Harrison Ave

414 S Dollar St

4802 N Orchid Ln

140 W Cosgrove Rd
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.

10646 N Lakeview Dr
Wallace, ID Local Guide

How much does it cost to rent a home in Wallace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace 2 Bedroom Homes for Rent | $1,882 | $1,195 | $2,895 |
| Wallace 3 Bedroom Homes for Rent | $2,461 | $1,725 | $4,000 |
| Wallace 4 Bedroom Homes for Rent | $3,248 | $2,400 | $5,400 |
| Wallace 5 Bedroom Homes for Rent | $3,250 | $3,000 | $3,500 |
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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 Silver Lake I & II in the Kootenai County neighborhood priced from $1,111. Hayden Country Ridge in the Kootenai County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,111. Here is today’s list of the most affordable Wallace apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Lake I & II | 2 Bedroom | 2BR,1BA | $1,111 |
| Hayden Country Ridge | 2 Bedroom | 2BR,1BA | $1,111 |
| Riverstone Place Apartments | 2 Bedroom | 2BR,1BA | $1,280 |
| Silver Leaf Apartments | Three Bedroom Two Bayj | 3BR,2BA | $1,300 |
| Trail Lodge | 2 Bedroom 2 Bath | 2BR,2BA | $1,499 |
Best Value Apartments for Rent in Wallace, ID and Nearby
As of July 26, 2026 the best value apartment in the Wallace area is the $1.63 price per square foot 3 Bed 2.5 Bath Model at Birkdale Commons in the in the Kootenai County neighborhood starting from $2,395. The second greatest value Wallace apartment is the 2x2 Aspen Model at Heritage Villas starting at $1,795 with a $1.49 price per square foot in the Kootenai County neighborhood. 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. |
|---|---|---|---|
| Birkdale Commons | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.63 |
| Heritage Villas | 2x2 Aspen | 2BR,2BA | $1.49 |
| Silver Lake I & II | 3 Bedroom FMV | 3BR,1.5BA | $1.42 |
| Timberline Lodge Apartments | 3x2 | 3BR,2BA | $1.52 |
| Silver Leaf Apartments | Three Bedroom Two Bayj | 3BR,2BA | $1.14 |
| Riverstone Place Apartments | 2 Bedroom | 2BR,1.5BA | $1.26 |
| The Villas at Hayden North | 2x1 | 2BR,1BA | $1.55 |
| Riverview Collection | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.65 |
| Trail Lodge | 2 Bedroom 2 Bath | 2BR,2BA | $1.56 |
| Hayden Country Ridge | 2 Bedroom | 2BR,1BA | $1.22 |
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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Wallace
What type of rentals are currently available in Wallace?
There are currently 51 Apartments for Rent in Wallace, ID with pricing that ranges from $975 to $4,300. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallace ranging from $1,195 to $5,400.
What is the current price range for Rental Homes in Wallace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wallace ranges from $1,195 to $5,400 with an average monthly rent of $2,460.
How much are larger Three and Four Bedroom Rentals in Wallace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wallace range from $1,300 to $3,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,725 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,595.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.