Red Lodge, MT Real Estate
According to census data in the year 2000 there were 1,429 housing units in Red Lodge.
This represents a 14.5% growth from 1,248 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,429 were located in what is classified as a rural area.
Homeownership rate in Red Lodge is about 61.3%.
Red Lodge's vacancy rate, including seasonal lodging, is about 26.9%.
Average household size is 2.06 people.
The majority of houses, apartments or condos in Red Lodge were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.70% |
| One Bedroom | 17.40% |
| Two Bedrooms | 40.30% |
| Three Bedrooms | 27.50% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $102,800 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $395 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 43.50% |
| Debt Free | 47.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
