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Red Lodge, MT Homes for Rent

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  • 522 Airport Rd, Red Lodge, MT 59068
    522 Airport Rd, Red Lodge, MT 59068
    522 Airport Rd, Red Lodge, MT 59068
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    Starting at $725 Per Month

    • 1 - 2 Beds

    522 Airport Rd, Red Lodge, MT 59068

    Located in Red Lodge Mt - One bedroom, one bath apartments located on the hill overlooking Red Lodge, by the airport. On-site laundry rooms. Section 8 accepted. ***Sec 42*** Must fill out Section 42 application. Will accept small dogs/cats. Call for income restrictions and our Section 42 application. Minimum six-month lease. Available units: # B-4, 2 bedroom - #C-8.

    Mountain View

    522 Airport Rd, Red Lodge, MT 59068
  • 1414 Silver Cir Unit 2, Red Lodge, MT 59068
    1414 Silver Cir Unit 2, Red Lodge, MT 59068
    1414 Silver Cir Unit 2, Red Lodge, MT 59068
    /16

    $2,200 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    1414 Silver Cir Unit 2, Red Lodge, MT 59068

    Property Id: 2706828Three bedroom, two bath apartment with keyless entry. Unique stained concrete floors. Landlord pays for heating, garbage, snow removal and lawn maintenance.Tenant pays electric and water.All stainless steel appliances including dishwasher, range, side-by-side refrigerator and microwave.Washer and dryer.Quartz kitchen counters, lazy Susans and

    1414 Silver Cir Unit 2, Red Lodge, MT 59068
Montana Carbon County Red Lodge

Homes for Rent in Red Lodge, MT

Why Live in Red Lodge

Red Lodge, Montana, is a picturesque community renowned for its proximity to Yellowstone National Park and the scenic Beartooth Highway. Residents and visitors alike enjoy breathtaking views of the snow-capped Beartooth Mountains, which serve as a stunning backdrop to daily life. The area is characterized by walkable streets lined with ranch-style homes, craftsman-style bungalows, and log cabins, reflecting architectural styles from the early to mid-20th century. Modern traditional builds are also present, offering a blend of historical charm and contemporary living. Red Lodge is a hub for outdoor activities, with the Beartooth Highway providing access to hiking trails and panoramic views. The Red Lodge Mountain ski area offers slopes for various skill levels, while Rock Creek is a favored spot for fly-fishing. Lions Park features facilities for soccer, basketball, and more, with a winter ice rink. Broadway Avenue is the heart of local shopping and dining, featuring coffee shops, pubs, and art galleries. Red Lodge High School is highly rated, offering dual enrollment courses with Montana State University. While local grocery needs are met by Beartooth Market, larger shopping trips to Billings, 60 miles away, are common. Despite high snowfall in winter, the community is accustomed to the conditions, maintaining business as usual.

Learn more about living in Red Lodge

Frequently Asked Questions

How much does it cost to rent a home in Red Lodge, MT?
The median rent for a home in Red Lodge, MT is $2,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Red Lodge, MT?
To comfortably afford the median rent in Red Lodge, MT, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Red Lodge, MT, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Red Lodge, MT?
In Red Lodge, MT, the price-to-rent ratio is 15.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Red Lodge, MT

There are currently 2 homes available for rent in Red Lodge, MT. The median rent is $2,200 per month, with condos at $2,200.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,200
Median Condo Rent
$2,200
How to Rent a Home

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