Cheap Apartments for Rent in Red Lodge, MT from $400 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in Red Lodge.

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Red Lodge Apartments
1 to 3 Bedroom Apartments

Red Lodge Apartments

1120 S Edict AveRed Lodge, MT 59068
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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307 S 28th St
Studio to 2 Bedroom Apartments

307 S 28th St

307 S 28th StBillings, MT 59101
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4 Lewis Ave
Studio to 1 Bedroom Apartments

4 Lewis Ave

4 Lewis AveBillings, MT 59101
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Midway Apartments
1 Bedroom Apartments

Midway Apartments

2020 Alderson AveBillings, MT 59102
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Ridgeview Apartments
Studio to 2 Bedroom Apartments

Ridgeview Apartments

1203 Broadwater AveBillings, MT 59102
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Central Court Village
1 to 2 Bedroom Apartments

Central Court Village

78 27th St WBillings, MT 59102
Senior Living
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838 Avenue B
1 Bedroom Apartments

838 Avenue B

838 Avenue BBillings, MT 59102
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3 7th St. West
2 Bedroom Apartments

3 7th St. West

3 7th St WBillings, MT 59101
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1433 Wyoming Ave
2 to 3 Bedroom Apartments

1433 Wyoming Ave

1433 Wyoming AveBillings, MT 59102
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-50, Page 1 of 2

Red Lodge, MT Local Guide

Cheapest Available Red Lodge Apartments for Rent and Nearby

 

The cheapest available apartment rental in Red Lodge, MT is a 1 Bed unit found at The Place at North 24th in the North Side Billings neighborhood priced from $595. Mountain View has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Red Lodge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at North 24thStudio1BR,1BA$595
Mountain View1 Bed/1 Bath1BR,1BA$725
1141 28th St1 Beds1BR,1BA$850
Rockvue Lofts2 bed 1 bath2BR,1BA$865
Hoop DreamsUpstairs unit1BR,1BA$1,075
Western OneUpstairs unit1BR,1BA$1,125
Colton Heights Apartments2 Bedroom - Small2BR,1BA$1,150
Grand Slam Patio Home ApartmentsSingle level 1 bed/1 bath1BR,1BA$1,275
Frontier ApartmentsSingle level patio home wt attached garage1BR,1BA$1,295
Olympic Village ApartmentsB22BR,1BA$1,315

Best Value Apartments for Rent in Red Lodge, MT and Nearby

As of July 29, 2026 the best value apartment in the Red Lodge area is the $1.59 price per square foot Unit E - Three Bedrooms Model at Shiloh Commons in the in the West Central Billings neighborhood starting from $2,290. The second greatest value Red Lodge apartment is the Three Bedroom Model at Inter Pointe starting at $1,925 with a $1.52 price per square foot in the West Central Billings neighborhood. Here is today’s list of the best values for Red Lodge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shiloh CommonsUnit E - Three Bedrooms3BR,2BA$1.59
Inter PointeThree Bedroom3BR,2BA$1.52
Lordwith ApartmentsRenovated 2 Bedroom 1 Bath2BR,1BA$1.37
Rocky Meadows ApartmentsB12BR,2BA$1.48
Rimrock West ApartmentsB12BR,1.5BA$1.42
Olympic Village ApartmentsB22BR,1BA$1.40
Highlands Apartments2 Bed | 1 Bath2BR,1BA$1.54
Rockvue Lofts2 bed 1 bath2BR,1BA$1.12
Mountain View1 Bed/1 Bath1BR,1BA$0.97
1141 28th St2 Beds2BR,1BA$1.44

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Red Lodge, MT

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Red Lodge, MT Rentals by Map

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See the most popular apartments and homes in Red Lodge, MT

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Frequently Asked Questions about Cheap Red Lodge Apartments

What is the Cheapest Studio apartment in Red Lodge?

Currently the most affordable Cheap Studio Apartment in Red Lodge is at Farmstead Apartments listed at $1,395.

How much is rent for a Cheap One Bedroom Red Lodge Apartment?

The lowest price for a Cheap One Bedroom Red Lodge Apartment is $595 at The Place at North 24th.

What is the lowest price for a Cheap Two Bedroom Red Lodge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Red Lodge is starting from $825 at Mountain View.

What is the most affordable Red Lodge Three Bedroom Apartment?

The best deal on a cheap Red Lodge Three Bedroom Apartment rental is at Inter Pointe and starts from $1,925.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.