Red Lodge, MT
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Red Lodge short-term rental market based on reliable data.
Listings
206 / 427
Reliable / Active
Cap Rate
7%
Middle-Earners Gross Yield
Revenue
$34,661
Middle-Earners Revenue
Occupancy
47%
Middle-Earners Occupancy
Home Value
$498,163
Median Home Sale Price
Top Earners
$62,958
Top-Earners Revenue
Red Lodge
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Red Lodge.
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Generally Investor friendly
Red Lodge Regulations
STRs are clearly permitted across multiple zones with a 16% cap and clear classifications (owner-occupied exempt, property managers capped), yet operators face moderate permitting, fire inspections, response-time obligations, and noise/parking rules. Balanced, predictable framework makes compliance doable but not laissez‑faire.
Local STR Agent
STR specialist · Red Lodge, MT
About Red Lodge
Red Lodge, Montana, is a picturesque town nestled at the base of the Beartooth Mountains. With a population of approximately 2,300 people, it presents a small-town charm combined with the grandeur of nature. Red Lodge is located about 60 miles southwest of Billings, Montana, the closest major city, making it an accessible yet tranquil retreat.
Red Lodge is renowned for its scenic beauty and outdoor attractions. One of the town's most notable landmarks is the Beartooth Highway, a National Scenic Byway that offers stunning panoramic views and access to Yellowstone National Park Beartooth Highway. This scenic byway is often dubbed "the most beautiful drive in America."
Additionally, Red Lodge Mountain is a popular destination for skiing and snowboarding during the winter months. The resort is known for its affordable prices and varied terrain Red Lodge Mountain.
The town itself exudes a historic and quaint vibe, with numerous local shops, cafes, and restaurants. Its vibrant arts community features galleries and events, adding to its cultural appeal.
Given its natural beauty, outdoor activities, and proximity to Yellowstone, Red Lodge is an attractive location for short-term rentals. Whether visitors are looking for adventure or a peaceful retreat, Red Lodge provides an ideal setting with ample accommodation options to suit diverse preferences.