Housing & Real Estate — Red Lodge, Montana

Overview

Total Housing Units1,944
Occupied1,414
Vacant530
Owner-Occupied854
Renter-Occupied560
Median Home Value (Census)$380,700
Estimated 2026~$394,000
Median Rent$805/mo
Median Property Tax$2,541/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityexpensive
Rent as % of Income17.3%
Severely Rent-Burdened24.3%

Housing Age

Built 2010 or later103
Built 2000-2009126
Built 1990-1999223
Built before 19601,005
Median Year Built1969
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.