
Cheap Apartments for Rent in Thompson Falls, MT from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Thompson Falls.


101 1st Ave

718 N 10th St

2585 Lilly Dr

Silver Leaf Apartments

Cedar Wood Estates I & II

Riverview Collection
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Fairwood

Riverstone Place Apartments

The Meridian Apartments

Timber Place by the Lake - Fully Renovated

Timberline Lodge Apartments

849 N 4th St

87 Woodland Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1263 2nd Ave E

227 W Montana St

34504 Morigeau St

36279 Mink Ln

1730 Montana Hwy 35

333 College Ave

The Mill
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Thompson Falls, MT Local Guide

How much does it cost to rent an apartment in Thompson Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thompson Falls Studio Apartments | $1,664 | $1,200 | $2,002 |
| Thompson Falls 1 Bedroom Apartments | $1,698 | $725 | $3,075 |
| Thompson Falls 2 Bedroom Apartments | $1,982 | $1,145 | $4,250 |
| Thompson Falls 3 Bedroom Apartments | $2,152 | $1,300 | $3,589 |
Browse Top Apartments in Thompson Falls
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Thompson Falls, MT Local Guide
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Cheapest Available Thompson Falls Apartments for Rent and Nearby
 The cheapest available apartment rental in Thompson Falls, MT is a 6 Beds unit found at 9725 N Gleason Rd priced from $700. 718 N 10th St in the Riverstone neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $750. Here is today’s list of the most affordable Thompson Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 9725 N Gleason Rd | Rent by Room | 6BR,4BA | $700 |
| 718 N 10th St | Rent by Room | 5BR,2BA | $750 |
| 2585 Lilly Dr | Rent by Room | 6BR,3BA | $950 |
| Riverstone Place Apartments | 2 Bedroom | 2BR,1BA | $1,280 |
| 849 N 4th St | 1BR/1BA | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Thompson Falls, MT and Nearby
As of June 01, 2026 the best value apartment in the Thompson Falls area is the $0.19 price per square foot Rent by Room Model at 9725 N Gleason Rd in the starting from $700. The second greatest value Thompson Falls apartment is the Rent by Room Model at 2585 Lilly Dr starting at $950 with a $0.30 price per square foot in the Downtown CDA neighborhood. Here is today’s list of the best values for Thompson Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 9725 N Gleason Rd | Rent by Room | 6BR,4BA | $0.19 |
| 2585 Lilly Dr | Rent by Room | 6BR,3BA | $0.30 |
| 718 N 10th St | Rent by Room | 5BR,2BA | $0.40 |
| Avery Estates Townhomes | 2 Bedroom 2.5 Bath Townhome | 2BR,2.5BA | $1.46 |
| Heritage Villas | 2x2 Aspen | 2BR,2BA | $1.44 |
| Riverstone Place Apartments | 2 Bedroom | 2BR,1.5BA | $1.26 |
| 166-218 Jewel Basin Court | 2 BR 2 BA | 2BR,2BA | $1.65 |
| Riverview Collection | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.65 |
| The Mill | Wallace | 2BR,1BA | $1.63 |
| 101 1st Ave | 1bd 1ba | 1BR,1BA | $1.21 |
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Cheap Thompson Falls Apartments
What is the Cheapest Studio apartment in Thompson Falls?
Currently the most affordable Cheap Studio Apartment in Thompson Falls is at The Lake listed at $1,789.
How much is rent for a Cheap One Bedroom Thompson Falls Apartment?
The lowest price for a Cheap One Bedroom Thompson Falls Apartment is $1,400 at 849 N 4th St.
What is the lowest price for a Cheap Two Bedroom Thompson Falls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Thompson Falls is starting from $1,280 at Riverstone Place Apartments.
What is the most affordable Thompson Falls Three Bedroom Apartment?
The best deal on a cheap Thompson Falls Three Bedroom Apartment rental is at Riverstone Place Apartments and starts from $1,512.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.