4

Newest Homes for Rent in Shelley, ID

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  • /16

    $2,000 Per Month

    • 4 Beds
    • 2 Baths
    • 1,824 Sq Ft
    • House for Rent

    540 Flamingo Ave, Shelley, ID 83274

    Pet friendly 4 bedroom home for rent in Shelley with attached 2 car garage, automatic sprinkler system, central air conditioning and a fully fenced yard. VISIT OUR WEBSITE: PROPERTY IS AVAILABLE TO SHOW AND READY TO MOVE IN AFTER: 9/14/2026PET RESTRICTIONS: Pets allowed, limit of 2, no dangerous breedsSHOWING INSTRUCTIONS: To schedule a showing, please call our

    540 Flamingo Ave, Shelley, ID 83274
  • /14

    $3,200 Per Month

    • 4 Beds
    • 2 Baths
    • 1,623 Sq Ft
    • House for Rent

    806 E 1475 N, Shelley, ID 83274

    Enjoy the comfort and convenience of a fully furnished home without the commitment of a traditional long-term lease. Located in Shelley’s Copper Meadows subdivision with convenient access to Idaho Falls and I-15, this 3-bedroom, 2-bath home offers 1,623 sq. ft. of finished living space, plus a spacious unfinished basement for additional storage.The open-concept main level features a

    806 E 1475 N, Shelley, ID 83274
  • /9

    $995

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 100 Sq Ft
    • Condo for Rent

    360 W Center St Unit 4, Shelley, ID 83274

    360 W Center St Unit 4, Shelley, ID 83274
  • /9

    $995

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 100 Sq Ft
    • Condo for Rent

    360 W Center St Unit 4, Shelley, ID 83274

    360 W Center St Unit 4, Shelley, ID 83274

Frequently Asked Questions

How much does it cost to rent a home in Shelley, ID?
The median rent for a home in Shelley, ID is $1,222 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Shelley, ID?
To comfortably afford the median rent in Shelley, ID, a household needs to earn roughly $48,880 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 $1,222 per month in Shelley, ID, renters typically need to show $3,666 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 Shelley, ID?
In Shelley, ID, the price-to-rent ratio is 27.1, 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
4
Median Rent
$1,222
Median Single Family Home Rent
$1,725
Median Condo Rent
$995
How to Rent a Home