Home prices
The median home in Red Lodge is valued at $244,700. This is about $104,060 (73%) higher compared to other places in this area.It is roughly $27,200 (12%) higher in comparison to the United States as a whole, and in comparison to the city of Billings is about $23,600 (10%) higher.
Rents
In Red Lodge the median monthly rent is $826. It is about $41 (4%) lower compared to its surrounding areas.It is roughly $236 (22%) lower compared to the entire country, and compared to the city of Billings is approximately $73 (8%) lower.
Nearby places
Bearcreek
Bearcreek is approximately 4 miles southeast of Red Lodge. The housing prices there are a lot less expensive. The value of the median home in Bearcreek is $172,200, which comes out to $72,500 (42%) lower than Red Lodge. The rent there is a little more expensive. In Bearcreek the median rent is $1,208 per month, which comes out to $382 (31%) higher than Red Lodge.
Roberts
Roberts is about 9 miles north of Red Lodge. Real estate prices there are a little less expensive. Roberts's median home cost is $191,700, which comes out to $53,000 (27%) lower than Red Lodge. The rent there is similar. The median rent in Roberts is $850 per month, which is $24 (2%) higher than Red Lodge.
Belfry
Belfry is roughly 10 miles east from Red Lodge. Its real estate prices are a lot less expensive. The median home in Belfry costs $92,100, which comes out to $152,600 (165%) lower than Red Lodge. Rents there are fairly similar. Belfry's median rent is $788 a month, which is $38 (4%) lower than Red Lodge.
Bridger
Bridger is approximately 15 miles northeast from Red Lodge. The real estate prices there are a lot less expensive. Bridger's median home cost is $126,400, which works out to $118,300 (93%) lower than Red Lodge. The rent there is a bit less expensive. The median rent in Bridger is $695 per month, which is $131 (18%) lower than Red Lodge.
Fromberg
Fromberg is about 18 miles northeast of Red Lodge. The real estate prices there are significantly less expensive. The median home in Fromberg is valued at $120,800, which comes out to $123,900 (102%) lower than Red Lodge. The rent there is pretty similar. Fromberg's median monthly rent is $796, which comes out to $30 (3%) lower than Red Lodge.
