Cheap Homes for Rent in Red Lodge, MT from $800 (7 Rentals)

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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.

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.

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

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

As of June 10, 2026 the best value apartment in the Red Lodge area is the $1.45 price per square foot 3X2D Model at Inter Urban in the in the West Central Billings neighborhood starting from $1,990. 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.
Inter Urban3X2D3BR,2BA$1.45
Inter PointeThree Bedroom3BR,2BA$1.52
Brookshire Village Apartments2 Bed/1.75 Bath2BR,2BA$1.28
Rocky Meadows ApartmentsB12BR,2BA$1.32
Rimrock West ApartmentsB12BR,1.5BA$1.37
Olympic Village ApartmentsB2R2BR,1BA$1.44
Harvest Granger Apartments2 Bedroom / 1 Bath - 1st Floor2BR,1BA$1.51
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

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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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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 52 Apartments for Rent in Red Lodge, MT with pricing that ranges from $495 to $6,273. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Lodge ranging from $895 to $4,000.

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 $895 to $4,000 with an average monthly rent of $2,114.

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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.