Cheap Apartments for Rent in Montpelier, ID from $300 (21 Rentals)

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

property at 53 S Main St

53 S Main St

LewistonUT84320
property at 451 N 7th E

451 N 7th E

Soda SpringsID83276
property at 351 S 1st St E

351 S 1st St E

Soda SpringsID83276

Montpelier, ID Local Guide

Cheapest Available Montpelier Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montpelier, ID is a Studio unit found at University priced from $575. Rosewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Montpelier apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University0BR/1.0BAStudio,1BA$575
Rosewood1BR/1.0BA1BR,1BA$645
723 W. Lewis Street1BR/1.0BA1BR,1BA$745
416 W Lewis StStudioStudio,1BA$790
838 West Center Street1BR/1.0BA1BR,1BA$795

Best Value Apartments for Rent in Montpelier, ID and Nearby

As of March 10, 2025 the best value apartment in the Montpelier area is the $0.43 price per square foot Denali Model at The Factory in the in the Blackhawk neighborhood starting from $695. The second greatest value Montpelier apartment is the 3 Bedroom 2.5 Bathroom Model at Smithfield Station Townhomes starting at $1,815 with a $1.15 price per square foot . Here is today’s list of the best values for Montpelier apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The FactoryDenali4BR,3BA$0.43
Smithfield Station Townhomes3 Bedroom 2.5 Bathroom3BR,2.5BA$1.15
Maple Valley2 Bed 2 Bath Granite2BR,2BA$1.23
Oak MeadowsOak2BR,2BA$1.25
Cambridge Court Apartments2 Bed2BR,1.5BA$1.24
Homestead Collection ApartmentsMagnolia 1X11BR,1BA$1.19
Arbor Court ApartmentsArbor Court Two Bedroom2BR,1BA$1.06
Wasatch Pointe ApartmentsUinta 1 Bed 1 Bath1BR,1BA$1.40
723 W. Lewis Street1BR/1.0BA1BR,1BA$1.15
Rosewood1BR/1.0BA1BR,1BA$1.29

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montpelier, ID Rentals by Map

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Getting Around Montpelier, ID

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Montpelier Apartments

What is the Cheapest Studio apartment in Montpelier?

Currently the most affordable Cheap Studio Apartment in Montpelier is at University listed at $575.

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

The lowest price for a Cheap One Bedroom Montpelier Apartment is $645 at Rosewood.

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

Today's best deal for a Cheap Two Bedroom Apartment in Montpelier is starting from $900 at Arbor Court Apartments.

What is the most affordable Montpelier Three Bedroom Apartment?

The best deal on a cheap Montpelier Three Bedroom Apartment rental is at Maple Valley and starts from $1,375.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.