Zumper
modified
Updated 5+ Days Ago

Highlights

  • Pet Friendly
  • Large windows
  • Closet space
  • Spacious living room
  • On site
  • Cozy bedroom

Location

125 N Water Ave, Idaho Falls, ID 83402, USA
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Contact

Management

BSD Property Management LLC

Leasing office

(208) 881-9491

Property Overview

Water Ave Apartments earns a strong overall impression with an 8.3 Zumper Expert Rating, supported by excellent value, a highly convenient location, and solid amenities. It offers large windows, ample closet space, a spacious living room, and a cozy bedroom, while the surrounding area stands out for transit access, walkability, nearby restaurants, and local event hubs.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Water Ave Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Water Ave Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Elementary school nearby

Great for

  • Social life

Floor plans

1BR/1.0BA1 bed1 bath450 sqft$675 /mo1 unit availableThis 1st floor one bedroom apartment is located two blocks from downtown Idaho Falls. Fresh paint throughout the unit with a spacious kitchen layout. Off street parking. Utilities are not included. This apartment is pet friendly!

Let's explore this property.

Amenities for Water Ave Apartments

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units14
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About Water Ave Apartments

HomeApartments in Idaho Falls Water Ave Apartments

This 1st floor one bedroom apartment is located two blocks from downtown Idaho Falls. Fresh paint throughout the unit with a spacious kitchen layout. Off street parking. Utilities are not included. This apartment is pet friendly!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Water Ave Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Water Ave Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Water Ave Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Water Ave Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Water Ave Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Water Ave Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Water Ave Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Water Ave Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Water Ave Apartments is great for:

Social life

  • Areas nearby are accessible by walking
  • 82 restaurants within 1 mile of this property
  • The area has transit options
  • 2 local event hubs within 1 mile

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Water Ave Apartments compares to other nearby properties.

Positives

High school nearby
There is a high school 0.6 miles away
Elementary school nearby
There is an elementary school 0.4 miles away

Considerations

Distance from grocery stores
The nearest grocery store is 3.3 miles away
Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available
Lacks images
Fewer than 5 photos available for this property
No laundry facilities available
This property doesn't offer on-site washers and dryers

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Rent trends in Idaho Falls

1-bedroom apartments at Water Ave Apartments cost about 16% less than the average rent price for 1-bedroom apartments in Idaho Falls.

Median rents as of Oct 3 2026.
Idaho Falls
A table of studio rental data trends in Idaho Falls
MonthMedian Rent
October 2024$600
November 2024$600
December 2024$594
January 2025$631
February 2025$675
March 2025$680
April 2025$637
May 2025$593
June 2025$659
July 2025$575
August 2025$657
September 2025$640
October 2025$587
November 2025$619
December 2025$637
January 2026$642
February 2026$676
March 2026$797
April 2026$675
May 2026$677
June 2026$656
July 2026$622
August 2026$658
September 2026$655
October 2026$650

Affordability calculator

Can I afford to live at 125 N Water Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$27,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $27,000 annually to afford this 1-bedroom monthly rent price of $675.
For more information on rent affordability, visit our rent calculator.

Schools near Water Ave Apartments

Hawthorne Elementary School

1520 south boulvevard

idaho falls, ID, 83402

PK, K-6Public
C-

D91 Online Academy - Elementary School

690 john adams parkway

idaho falls, ID, 83401

K-6Public
C

Cottonwood Elementary School

3955 east 200 north

rigby, ID, 83442

K-5Public
C+

Jefferson School District 251 Early Childhood Center

125 north 1st west

rigby, ID, 83442

PKPublic
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Internet available near Water Ave Apartments

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Idaho Falls near 125 N Water Ave

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Points of interest for 125 N Water Ave, Idaho Falls

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 125 N Water Ave

Midget Market
340 G St
Carniceria Aguililla
1960 Rollandet St
Walmart Supercenter
500 S Utah Ave
Albertsons
590 E 17th St
Sam's Club
700 E 17th St

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