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Montpelier, ID Home for Rent

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  • /24

    $1,200 Per Month

    • 1 Bed
    • 2 Baths
    • 1,292 Sq Ft
    • House for Rent

    229 S 8th St, Montpelier, ID 83254

    Property Id: 2655311 One Bedroom with a spacious walk-in closet and full bathroom on the main floor. Laminate plank flooring, paint, and trim throughout the main floor. Spacious kitchen, dining and living room areas include a dishwasher, refrigerator, oven and microwave. Lower level has been finished into a bonus room (no closet) with a 3/4 bath and a laundry room, washing machine and

    229 S 8th St, Montpelier, ID 83254

Why Live in Montpelier

Montpelier, located in the southeastern corner of Idaho, is a historic small town known for its natural beauty and outdoor recreation opportunities. Less than 20 miles from both the Wyoming and Utah state borders, Montpelier serves as the administrative and service center for Bear Lake County. The town's economy is supported by agriculture, small-scale retail, healthcare, and government services. Home styles range from century-old bungalows, Tudors, and farmhouses to midcentury ranch-style homes and modern builds, often with views of the Bear River Mountains or the Caribou Range. Montpelier offers a variety of attractions, including Stock Park with its tennis courts and playground, the National Oregon/California Trail Center, and the Montpelier Golf Course. Outdoor enthusiasts can enjoy hiking in Montpelier Canyon, fishing and boating at Bear Lake, and snowmobiling in the winter. The town's retail and dining options are concentrated along Washington and 4th Streets, featuring local favorites like Ohana Island Grill and Dan’s Drive In. Montpelier's small, walkable downtown includes the Butch Cassidy Museum and the Centre Theatre. The Bear Lake County School District oversees local schools, with A.J. Winters Elementary and Bear Lake Middle School both receiving high ratings. Montpelier hosts annual events such as the Fourth of July parade and the Butch Cassidy Museum's bank robbery reenactment. U.S. Routes 30 and 89 provide connectivity, though residents typically rely on cars due to the lack of public transportation. The nearest commercial airport is Logan-Cache Airport, about 70 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Montpelier, ID?
The median rent for a home in Montpelier, ID is $1,200 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Montpelier, ID?
To comfortably afford the median rent in Montpelier, ID, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Montpelier, ID, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Montpelier, ID?
In Montpelier, ID, the price-to-rent ratio is 21.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,200
Median Single Family Home Rent
$1,200
How to Rent a Home