Cheap Homes for Rent in Thompson, IA from $900 (29 Rentals)

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Thompson, IA Local Guide

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 ListingModel NameBed/BathPriced From
Rolfe 20-Unit1 Bedroom1BR,1BA$400
Shalom Tower IITower I EfficiencyStudio,1BA$405
Key ApartmentsEfficiencyStudio,1BA$450
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$450
City Center Kent ApartmentsStudio1BR,1BA$495
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$700
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$730
CityView Apartments1 bedroom1BR,1BA$735

Best Value Apartments for Rent in Thompson, IA and Nearby

As of April 15, 2025 the best value apartment in the Thompson area is the $1.22 price per square foot 2 Bedroom 1 Bath Model at Tartan Glen in the in the University neighborhood starting from $1,550. The second greatest value Thompson apartment is the Two Bedroom Model at The Edge Apartments starting at $1,275 with a $1.30 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.22
The Edge ApartmentsTwo Bedroom2BR,1BA$1.30
Meadow Lake of Clear Lake Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.03
Shalom Tower IITower II - One Bedroom1BR,1BA$0.70
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
CityView Apartments1 bedroom1BR,1BA$0.98
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$1.17
Rolfe 20-Unit2 Bedroom2BR,1BA$0.82
18 S Adams AveOne Bedroom1BR,1BA$0.95

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Frequently Asked Questions about Thompson

What type of rentals are currently available in Thompson?

There are currently 47 Apartments for Rent in Thompson, IA with pricing that ranges from $405 to $2,325. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Thompson ranging from $900 to $2,700.

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 $900 to $2,700 with an average monthly rent of $1,407.

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 $907 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,925. Four Bedroom Single-Family rentals are also available starting from $1,980 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.