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Highlights

  • Downtown location
  • No smoking of any kind
  • Beautiful scenery with views of mountains

Location

118 W Alder St, Missoula, MT 59802, USA|Heart of Missoula
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Contact

Management

Professional Property Management, Inc

Leasing office

(406) 721-8990

Property Overview

ALD118 offers a strong mix of value, convenience, and lifestyle appeal, with a 9.2 Zumper Expert Rating, excellent price and amenity scores, and a downtown location with mountain views. It also stands out for walkability, nearby transit, parks, dining, and recycling or composting options, while the no-smoking policy and 10 photos add to its practical appeal.

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

9.2
Excellent
ALD118 is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • High school nearby
  • Images Available

Great for

  • Eco living
  • Social life

Floor plans

0BR/1.0BAStudio1 bath$995–$1,050 /mo2 units availableThis unit is vacant with cleaning and maintenance in progress. Keys can be checked out to view this unit. Video tour available! North facing, 2nd floor unit at the Park Place Flats. Elevator and coin-ops in building. Contact the City of Missoula Parking Commission regarding available parking passes for purchase. This is a no pet property. We will request that all applicants provide proof of good credit and rental history. No smoking of any kind, including e-cigarettes/vape pens. *Tenant is responsible for electric and renter's liability insurance. *Owner is responsible for sewer, water, trash, heat, and snow removal. *Previous tenant held to lease until 5/16/27. PPM appreciates the prospective tenant giving leasing priority to this unit to relieve the previous tenant from their rental obligation.
1BR/1.0BA1 bed1 bath$1,095–$1,150 /mo3 units availableThis unit is occupied until 9/30/26. Please contact our office for information on the next available showing. Video tour available! 3rd floor unit at the Park Place Flats! Beautiful scenery with views of downtown and mountains! In the historic Park Place Hotel at the heart of downtown. Featuring LVP, elevator and coin-ops in building. Contact the City of Missoula Parking Commission regarding available parking passes for purchase. This is a no pet property. We will request that all applicants provide proof of good credit and rental history. No smoking of any kind, including e-cigarettes/vape pens. *This property has special provisions. *Tenant is responsible for electric and renter's liability insurance. *Owner is responsible for sewer, water, trash, gas, heat, and snow removal

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Amenities for ALD118

Apartment Amenities

Central HeatGas
HeatingTrash
Water

Building

Sewer

Grounds

Outdoor Space

Services

Lawn CareSnow Removal
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
Building details

Property details

Units30
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About ALD118

HomeApartments in Missoula ALD118

This unit is vacant with cleaning and maintenance in progress. Keys can be checked out to view this unit. Video tour available! North facing, 2nd floor unit at the Park Place Flats. Elevator and coin-ops in building. Contact the City of Missoula Parking Commission regarding available parking passes for purchase. This is a no pet property. We will request that all applicants provide proof of good credit and rental history. No smoking of any kind, including e-cigarettes/vape pens. *Tenant is responsible for electric and renter's liability insurance. *Owner is responsible for sewer, water, trash, heat, and snow removal. *Previous tenant held to lease until 5/16/27. PPM appreciates the prospective tenant giving leasing priority to this unit to relieve the previous tenant from their rental obligation.


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.
9.2
/10
Excellent
ALD118 is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated ALD118
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.
ALD118 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·9A 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.
ALD118 goes above and beyond to provide sought-after conveniences and desirable perks, including gas. Renters looking for popular or luxurious features will find them here—and for that reason, ALD118 receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
ALD118 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·9A 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.
ALD118 has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

ALD118 is great for:

Eco living

  • 22 parks within a mile
  • Public transit available nearby
  • You can get around by foot in this area
  • On-site recycling or composting options

Social life

  • 125 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • The area has transit options
  • Diverse age groups live in this area

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 ALD118 compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 1 mile away
Images Available
There are at least 10 photos of this address

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Rent trends in Heart of Missoula

Studio apartments at ALD118 cost about the same as the average rent price for studios in Heart of Missoula.

1-bedroom apartments here are priced 16% lower than 1-bedrooms in Heart of Missoula.

Median rents as of Sep 12 2026.
Heart of Missoula
Missoula
A table of studio rental data trends in Missoula
MonthMedian Rent
September 2024$1,000
October 2024$961
November 2024$950
December 2024$972
January 2025$950
February 2025$965
March 2025$977
April 2025$965
May 2025$977
June 2025$973
July 2025$996
August 2025$995
September 2025$1,006
October 2025$1,014
November 2025$964
December 2025$959
January 2026$937
February 2026$903
March 2026$898
April 2026$956
May 2026$995
June 2026$1,000
July 2026$1,000
August 2026$1,007
September 2026$997
A table of studio rental data trends in Heart of Missoula
MonthMedian Rent
September 2024$975
October 2024$866
November 2024$825
December 2024$962
January 2025$953
February 2025$965
March 2025$943
April 2025$978
May 2025$1,010
June 2025$969
July 2025$1,025
August 2025$1,039
September 2025$1,027
October 2025$1,050
November 2025$979
December 2025$947
April 2026$1,000
May 2026$1,000
June 2026$1,019
July 2026$1,047
August 2026$1,025
September 2026$997

Affordability calculator

Can I afford to live at 118 W Alder St?

Bedrooms

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

$39,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this studio monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.

Schools near ALD118

Lowell School

1215 phillips st

missoula, MT, 59802

PK, K-5Public
B-

Hellgate El Intermediate School

2355 flynn ln

missoula, MT, 59808

4-6Public
B

Hellgate El Primary Grades

2365 flynne ln

missoula, MT, 59808

PK, K-1Public
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Internet available near ALD118

Getting around Missoula near 118 W Alder St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 118 W Alder St, Missoula

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Nightlife

8/10
Variety of bars within walking distance

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