Is Red Lodge, MT a good place to invest in rental property?

Red Lodge, MT has a median modeled monthly cash flow of $-3,108 and a median cap rate of 0.2%, on a median sold price of $520,406. Prices changed +1.4% year over year.

What is the average cap rate in Red Lodge, MT?

The median cap rate across recently sold homes in Red Lodge, MT is 0.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Red Lodge, MT?

The median sold price in Red Lodge, MT is $520,406 (about $366 per square foot).

Investing in Red Lodge, MT Real Estate

A data-driven snapshot of the Red Lodge, MT rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$520,406Median sold price

$366Median $/sqft

0.2%Median cap rate

$-3,108Modeled cash flow / mo

+1.4%Appreciation YoY

16.6Months of supply

151Active listings

109Sold (last 12 mo)

What the Red Lodge numbers say

In Red Lodge, MT, the median home sold for $520,406 (about $366 per square foot), and the typical deal models out to a 0.2% cap rate with a median $-3,108 of monthly cash flow. Sold prices moved +1.4% over the past year. Inventory sits at about 16.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Montana markets to compare

See Red Lodge cash-flowing listings

CashFlowRE ranks every for-sale home in Red Lodge, MT by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Red Lodge deals, or browse the national market data.