MT area data
Red Lodge, MT
Red Lodge, MT.
Population: 3,977 (Census ACS)
The typical home value in Red Lodge, MT is $526,115 — up 2.8% over the past year. Homes sell for a median $669,000 after a median 66 days on market. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with landslide, lightning, wildfire the top-rated hazards. Cost of living is 5.4% below the US average (BEA, metro/state-level).
$526,115
Typical home value
+2.8%
1-year change
66
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Typical home value
- $526,115
- 1-year appreciation
- +2.8%
- 3-year appreciation
- +13.2%
- 5-year appreciation
- +38.3%
- 10-year appreciation
- +122.3%
- Peak value since 2000 (Jul 2026)
- $526,389
- House Price Index (state)
- 753.3 (+2.6% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $669,000
- Median list price
- $649,900
- Median price per sqft
- $366
- 1-year sale-price change
- +2.9%
- Median days on market
- 66 days
- Homes sold (recent period)
- 35
- For-sale inventory
- 77
- Active listings
- 75
- 1-year forecast
- +1.2%
- New listings (monthly)
- 11
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $1,003/mo
- 1BR fair-market rent
- $1,132/mo
- 2BR fair-market rent
- $1,432/mo
- 3BR fair-market rent
- $1,983/mo
- 4BR fair-market rent
- $2,261/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Below Average)
- 94.6 (100 = US avg)
- Electricity rate (state-level)
- 13.0¢/kWh
- Natural gas rate (state-level)
- $9.00/MCF
- 30-year mortgage rate (national)
- 7.40%
- 15-year mortgage rate (national)
- 6.73%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 4
- Elementary schools
- 2
- Middle schools
- 1
- High schools
- 1
- Avg student-teacher ratio
- 12.7 : 1
- School districts serving the area
- Luther Elem, Red Lodge Elem, Red Lodge H S
- Schools include
- Luther School, Mountain View School, Roosevelt Junior High, Red Lodge High School
Source: NCES school directory, 2024-25 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- landslide, lightning, wildfire, winter weather
- Notable hazard ratings (county)
- landslide: Relatively High · wildfire: Relatively Moderate · lightning: Relatively Moderate · winter weather: Relatively Moderate · hail: Relatively Low · drought: Relatively Low
- Most common flood zone among NFIP claims
- Zone X
- NFIP flood claims on record
- 25
- Wildfire risk to homes (county)
- Higher than 84% of US counties
- Buildings in wildfire direct-exposure zone
- 73.1%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 79.0°F
- Average high
- 80.0°F
- Average low
- 78.0°F
- Annual precipitation
- 23.5 in
- USDA plant hardiness zone
- 5a (extreme annual low -20 to -15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Walkability & transit
- Walkability index
- 7.7 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 811
- Jobs reachable by transit (45 min)
- 668
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- Airports within 30 mi
- 6
- Nearest airport
- Red Lodge Airport (10 mi)
- Hospitals in or near this ZIP
- 1
- Hospitals include
- BEARTOOTH BILLINGS CLINIC
- Solar radiation rating
- Fair (3.6 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +154 tax filers
Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)
Housing stock
- Median year housing built
- 1975
- Housing built before 1970
- 43.2%
- Housing built 2000 or later
- 18.7%
- Median annual property tax
- $2,733
- Mean commute to work
- 18 min
- Households with broadband internet
- 56.0%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 2,551
- Average weekly wage
- $977
- Top industries (by employment)
- Accommodation & Food, Agriculture, Arts & Entertainment
- Annual residential building permits (county)
- 32
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| Red Lodge | State median | US median | |
|---|---|---|---|
| Typical home value | $526,115 | $426,961 | $288,527 |
| Median sale price | $669,000 | $499,000 | $325,000 |
| Median days on market | 66 days | 110 days | 51 days |
| Median annual property tax | $2,733 | $1,830 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the typical home value in Red Lodge, MT?
- $526,115.
- What is the median sale price in Red Lodge, MT?
- $669,000.
- How long do homes take to sell in Red Lodge, MT?
- Median days on market: 66 days.
- What is typical rent in Red Lodge, MT?
- 2-bedroom fair-market rent: $1,432/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in Red Lodge, MT?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: landslide, lightning, wildfire, winter weather.
- Is Red Lodge, MT in a flood zone?
- Flood zones vary by property within Red Lodge, MT. 25 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is X. Check a specific address on the FEMA Flood Map Service Center.
- What is the wildfire risk in Red Lodge, MT?
- Risk to homes is higher than 84% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in Red Lodge, MT?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near Red Lodge, MT?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve Red Lodge, MT?
- 4 schools (2 elementary, 1 middle, 1 high) (NCES, 2024-25).
- Is Red Lodge, MT walkable?
- Walkability index: 7.7/20 (EPA Smart Location Database).
- What is the cost of living in Red Lodge, MT?
- Regional Price Parity: 94.6 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
ZIP code for Red Lodge
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Data last updated
Most recent source refresh: Oct 2026. See all data sources →