1 Day Ago
Highlights
- Elevator
- Downtown views
- Beautiful scenery
- No smoking
- Mountains views
Location
118 W Alder St, Missoula, MT 59802, USA|Heart of Missoula
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Property Overview
ALD118 is recognized for its exceptional quality, earning a Zumper expert rating of 9.4 out of 10, with top marks for price, amenities, and location. The property features an array of amenities and environmental sustainability options, including on-site recycling, which enhances the quality of life for residents. Additionally, it offers great access to outdoor activities and social opportunities, with numerous parks, restaurants, and health centers nearby.
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.
Things you’ll love
High school nearby- Middle school nearby
Great for
Eco living
Wellness
Social life
Floor plans
| 0BR/1.0BA | Studio | 1 bath | $995 /mo | 1 unit available | This unit is occupied until 1/31/26. Please contact our office our office for information on the next available showing. Video tour available! South facing, 3rd floor unit. The Park Place Flats are located at the heart of downtown, near shopping, restaurants, and the Saturday Farmer's Market. Elevator and coin-ops in building. Please contact the City of Missoula Parking Commission for more information on available parking passes. 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, heat, and snow removal. |
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Amenities for ALD118
Apartment Amenities
| Central Heat | Gas |
| Heating | Trash |
| Water |
Building
| Sewer |
Grounds
| Outdoor Space |
Services
| Lawn Care | Snow 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
| Units | 30 |
|---|
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About ALD118
This unit is occupied until 1/31/26. Please contact our office our office for information on the next available showing. Video tour available! South facing, 3rd floor unit. The Park Place Flats are located at the heart of downtown, near shopping, restaurants, and the Saturday Farmer's Market. Elevator and coin-ops in building. Please contact the City of Missoula Parking Commission for more information on available parking passes. 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, heat, and snow removal.
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
ExcellentALD118 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.
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:
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
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 2 miles away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Heart of Missoula
studio apartments at ALD118 cost about 2% more than the average rent price for studio apartments in Heart of Missoula.
Median rents as of Jan 17 2026.
Heart of Missoula
Missoula
| Month | Median Rent |
|---|---|
| February 2024 | $845 |
| March 2024 | $818 |
| April 2024 | $937 |
| May 2024 | $908 |
| June 2024 | $896 |
| July 2024 | $955 |
| August 2024 | $968 |
| September 2024 | $998 |
| 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 | $940 |
| Month | Median Rent |
|---|---|
| February 2024 | $611 |
| March 2024 | $518 |
| April 2024 | $767 |
| May 2024 | $963 |
| June 2024 | $965 |
| July 2024 | $972 |
| August 2024 | $955 |
| September 2024 | $968 |
| 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 |
Affordability calculator
Can I afford to live at 118 W Alder St?
Bedrooms
StudioRent-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.
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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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