
Cheap Homes for Rent in Red Lodge, MT from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Red Lodge.


504 Howard Ave

5 Division St
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.

207 E 1st St

708 E 2nd Ave N

911 Meadow Ln Ave
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.

622 Richard St
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 | $1,663 | $1,150 | $2,750 |
| Red Lodge 3 Bedroom Homes for Rent | $2,027 | $1,250 | $3,000 |
| Red Lodge 4 Bedroom Homes for Rent | $2,862 | $2,105 | $4,000 |
| Red Lodge 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Top Homes for Rent in Red Lodge
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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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Inter Urban | 3X2D | 3BR,2BA | $1.45 |
| Inter Pointe | Three Bedroom | 3BR,2BA | $1.52 |
| Brookshire Village Apartments | 2 Bed/1.75 Bath | 2BR,2BA | $1.28 |
| Rocky Meadows Apartments | B1 | 2BR,2BA | $1.32 |
| Rimrock West Apartments | B1 | 2BR,1.5BA | $1.37 |
| Olympic Village Apartments | B2R | 2BR,1BA | $1.44 |
| Harvest Granger Apartments | 2 Bedroom / 1 Bath - 1st Floor | 2BR,1BA | $1.51 |
| 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.
Read ArticleQuick 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.
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 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

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.

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.

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.

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.