
Cheap Homes for Rent near Red Lodge, MT from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Red Lodge.


10 S Woodard Ave

103 Alderson Ave

130 Broadwater Ave
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.

154 Lane 8

207 E 1st St

297 Monroe St

112 Durland Ave
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.
Red Lodge, MT Local Guide

How much does it cost to rent a home in Red Lodge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Lodge 2 Bedroom Homes for Rent | $1,715 | $1,050 | $2,500 |
| Red Lodge 3 Bedroom Homes for Rent | $1,897 | $1,459 | $2,995 |
| Red Lodge 4 Bedroom Homes for Rent | $1,848 | $1,295 | $2,450 |
| Red Lodge 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
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Red Lodge, MT Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at North 24th | Studio | 1BR,1BA | $595 |
| Mountain View | 1 Bed/1 Bath | 1BR,1BA | $725 |
| 1141 28th St | 1 Beds | 1BR,1BA | $850 |
Best Value Apartments for Rent in Red Lodge, MT and Nearby
As of July 26, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shiloh Commons | Unit E - Three Bedrooms | 3BR,2BA | $1.59 |
| Inter Pointe | Three Bedroom | 3BR,2BA | $1.52 |
| Lordwith Apartments | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.37 |
| Rocky Meadows Apartments | B1 | 2BR,2BA | $1.48 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.42 |
| Olympic Village Apartments | A1 | 1BR,1BA | $1.47 |
| Highlands Apartments | 2 Bed | 1 Bath | 2BR,1BA | $1.54 |
| Rockvue Lofts | 2 bed 1 bath | 2BR,1BA | $1.12 |
| Mountain View | 1 Bed/1 Bath | 1BR,1BA | $0.97 |
| 1141 28th St | 2 Beds | 2BR,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.
Read ArticleReal 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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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.
Best Local Schools in Red Lodge, MT
Mountain View School
Roosevelt Junior High
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Red Lodge
What type of rentals are currently available in Red Lodge?
There are currently 54 Apartments for Rent in Red Lodge, MT with pricing that ranges from $495 to $3,095. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Lodge ranging from $625 to $2,995.
What is the current price range for Rental Homes in Red Lodge?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Red Lodge ranges from $625 to $2,995 with an average monthly rent of $1,774.
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.