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Thompson Falls, MT Home Values and Rents

The typical home value in Thompson Falls is $446,312, 44th highest of 92 cities and towns in Montana. Median rent is $543 a month.

Typical home value
$446,312
44th of 92 in MT
Median rent
$543/mo
ACS 2020-2024
Price change, 1 year
+5.9%
Sep 2026
Homeownership
73.4%
MT: 69.2%

Typical home value in Thompson Falls

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodThompson Falls
Sep 2026$446,312
Dec 2025$426,199
Dec 2024$418,859
Dec 2023$396,225
Dec 2022$399,895
Dec 2021$348,182
Dec 2020$252,033
Dec 2019$220,993
Dec 2018$209,940
Dec 2017$203,027
Dec 2016$190,217
Dec 2015$181,743
Dec 2014$164,494
Dec 2013$160,060
Dec 2012$153,169

Over five years, Thompson Falls prices changed +36.0%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Sanders County, MT

MT rents
Unit sizeMonthly rentvs FY2026
Studio$778+1.2%
1 bedroom$854-2.7%
2 bedrooms$1,117+0.2%
3 bedrooms$1,331-0.4%
4 bedrooms$1,835+1.8%

Frequently asked questions

What is the typical home value in Thompson Falls, MT?
The typical home value in Thompson Falls is $446,312 (Zillow Home Value Index, Sep 2026). The Montana median is $375,800.
How much is rent in Thompson Falls?
The median rent in Thompson Falls is $543 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,117.
Are home prices going up in Thompson Falls?
The typical home value in Thompson Falls changed +5.9% over one year and +36.0% over five years, as of Sep 2026.
How does Thompson Falls compare with the rest of Montana?
Thompson Falls has the 44th highest median home value of 92 cities and towns with 1,000+ residents in Montana.