107 Fletcher Dr
Clear LakeIA50428
Cheap Homes for Rent in Thompson, IA from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Thompson.
702 E Main St
Albert LeaMN56007
815 11th Ave SW
AustinMN55912
508 11th Ave SW
AustinMN55912
132 Broadway
AustinMN55912
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.
1312-1311 11th Ave NW
AustinMN55912
1306 9th Ave SW
AustinMN55912
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
114 5th Ave N
Clear LakeIA50428
1207 9th St NE
AustinMN55912
709 13th St NE
AustinMN55912
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Thompson, IA Local Guide
Fall colors by Carol VanHook is licensed under CC BY 2.0
How much does it cost to rent a home in Thompson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thompson 2 Bedroom Homes for Rent | $1,470 | $725 | $2,300 |
| Thompson 3 Bedroom Homes for Rent | $1,550 | $1,200 | $1,925 |
| Thompson 4 Bedroom Homes for Rent | $2,077 | $1,495 | $2,500 |
| Thompson 6 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Thompson
Explore Thompson
Thompson, IA Local Guide
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Cheapest Available Thompson Apartments for Rent and Nearby
The cheapest available apartment rental in Thompson, IA is a 1 Bed unit found at Rolfe 20-Unit priced from $400. Shalom Tower II has the second lowest priced unit, which is a Studio apartment currently listed from $405. Here is today’s list of the most affordable Thompson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolfe 20-Unit | 1 Bedroom | 1BR,1BA | $400 |
| Shalom Tower II | Tower I Efficiency | Studio,1BA | $405 |
| Key Apartments | Efficiency | Studio,1BA | $450 |
Best Value Apartments for Rent in Thompson, IA and Nearby
As of September 10, 2025 the best value apartment in the Thompson area is the $1.20 price per square foot Three Bedroom Model at Timberwolf Townhomes in the in the University neighborhood starting from $1,850. The second greatest value Thompson apartment is the 2 Bedroom 1 Bath Model at Tartan Glen starting at $1,550 with a $1.22 price per square foot in the University neighborhood. Here is today’s list of the best values for Thompson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Timberwolf Townhomes | Three Bedroom | 3BR,2.5BA | $1.20 |
| Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| Pebble Creek Apartments | 3 Bedroom 1.5 Bathrooms | 3BR,1.5BA | $1.03 |
| Meadow Lake of Clear Lake Apartments | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.03 |
| Shalom Tower II | Tower II - One Bedroom | 1BR,1BA | $0.70 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| CityView Apartments | 1 bedroom | 1BR,1BA | $0.98 |
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.82 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
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Frequently Asked Questions about Thompson
What type of rentals are currently available in Thompson?
There are currently 49 Apartments for Rent in Thompson, IA with pricing that ranges from $405 to $2,135. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thompson ranging from $725 to $2,500.
What is the current price range for Rental Homes in Thompson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Thompson ranges from $725 to $2,500 with an average monthly rent of $1,528.
How much are larger Three and Four Bedroom Rentals in Thompson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Thompson range from $935 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,925. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $937.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.