What percentage of people rent in Red Lodge, MT?
33.8% (±11.9 points) of the occupied homes in Red Lodge, MT are rented (2020–2024 American Community Survey).
That is 470 renting households against 919 that own their home.
In Red Lodge, the share of households that rent went from 38.3% in 2015–2019 to 33.8% in 2020–2024 (−4.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 33.8% (±11.9 points)
- Renting households
- 470 (±261)
- Median renter income
- $40,625 (±$18,939)
Who rents and who owns in Red Lodge
| Red Lodge | Carbon County | Montana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 33.8% (±11.9 points) | 22.0% (±4.4 points) | 30.8% (±0.5 points) | 34.8% |
| Renting households | 470 (±261) | 1,026 (±477) | 141,459 (±2,303) | 45,017,354 |
| Owning households | 919 (±407) | 3,638 (±2,890) | 317,400 (±3,818) | 84,210,142 |
| Average renter household size | 1.5 (±0.5) | 2.2 (±0.6) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 1.9 (±3.4) | 2.4 (±0.6) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $40,625 (±$18,939) | $55,833 (±$25,244) | $48,192 (±$1,103) | $52,966 |
| Median owner household income | $81,076 (±$40,425) | $86,250 (±$10,074) | $85,804 (±$1,088) | $100,009 |
In Red Lodge, the renter share is not measurably different from Carbon County (22.0%).
It is not measurably different from Montana (30.8%).
It is not measurably different from the national figure (34.8%).
In Carbon County, Red Lodge ranks 1 of 5 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 56 of 167.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Red Lodge has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 38.3% (±8.3 points) | 33.8% (±11.9 points) | −4.5 percentage points | Not a measurable change |
| Median gross rent | $826 (±$105) | $717 (±$285) | −13.2% | No measurable change after inflation |
| Median household income | $48,311 (±$2,945) | $55,750 (±$42,988) | +15.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Red Lodge
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Red Lodge | — | 33.8% (±11.9 points) | — |
| Bearcreek | 5.1 mi | 25.0% (±75.0 points) | Not measurably different |
| Bridger | 18 mi | 25.6% (±8.1 points) | Not measurably different |
| Fromberg | 22 mi | 18.5% (±10.5 points) | Not measurably different |
| Joliet | 24 mi | 13.9% (±8.9 points) | Lower |
| Columbus | 31 mi | 23.3% (±7.6 points) | Not measurably different |
| Frannie | 34 mi | 46.2% (±28.2 points) | Not measurably different |
| Deaver | 38 mi | 11.1% (±17.4 points) | Lower |
| Powell | 38 mi | 30.4% (±6.2 points) | Not measurably different |
Nearby places with a measurably lower figure: Joliet, MT (13.9%), Deaver, WY (11.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Carbon County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Red Lodge | 33.8% (±11.9 points) |
| 2 | Bridger | 25.6% (±8.1 points) |
| 3 | Bearcreek | 25.0% (±75.0 points) |
| 4 | Fromberg | 18.5% (±10.5 points) |
| 5 | Joliet | 13.9% (±8.9 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Red Lodge
How many renters are there in Red Lodge?
Red Lodge has an estimated 470 (±261) renting households, 33.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Red Lodge?
In Red Lodge, the share of households that rent went from 38.3% in 2015–2019 to 33.8% in 2020–2024 (−4.5 percentage points), not a measurable change.
How big are renting households in Red Lodge?
A renting household in Red Lodge has 1.5 people on average, against 1.9 in an owned home.
How much do renters earn in Red Lodge?
The median renting household in Red Lodge, MT has an income of $40,625 (±$18,939) a year, against $81,076 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Red Lodge city, Montana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Red Lodge city, Montana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Red Lodge city, Montana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Red Lodge city, Montana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Red Lodge city, Montana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Red Lodge city, Montana (place:61525, in state:30).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Red Lodge at a glance
- Median rent in Red Lodge
- Rent by bedrooms in Red Lodge
- Home values in Red Lodge
- Homeowner costs in Red Lodge
- Property taxes in Red Lodge
- Types of homes in Red Lodge
- Bedrooms in Red Lodge
- Age of homes in Red Lodge
- Heating fuel in Red Lodge
- Commute and cars in Red Lodge
- Crime reported to police in Red Lodge
- Population growth in Red Lodge
- Montana landlord and tenant rules
- Housing across Carbon County
- Montana places ranked by share of renters
- Housing data for every place in Montana