What's the average rent in Red Lodge, MT?

Rental Market Trends in Red Lodge, MT

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Red Lodge, MT is $2,600 per month, which is 32% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,600
-21.2%
-$700 decrease month-over-month
4.0%
$100 increase year-over-year

AVAILABLE RENTALS

5

APARTMENTS

$833

HOUSES

$2,500

TOWNHOUSES

$3,333
As of August 2026, apartments are the most affordable rental option in Red Lodge, MT at $833 per month, while townhomes are the most expensive at $3,333 per month. Houses average $2,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,000
2 Bedrooms$850
3 Bedrooms$2,500
4 Bedrooms$3,333
All$2,600
As of August 2026, the average rent for a 1 bedroom rental in Red Lodge, MT is $1,000 per month, followed by $850 for a 2 bedroom rental, $2,500 for a 3 bedroom rental, and $3,333 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -26% compared to the previous year, which is a $900 decrease.
This year (2026)
Last year (2025)

Rent distribution

44% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $850 to $3,500.
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