The Most Affordable Neighborhoods in Deer Lodge, MT by Home Value

 

Deer Lodge, MT Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Deer Lodge area can be challenging. Home prices in Deer Lodge are now at a median cost of $269,959, lower than the Montana average of $409,886.

The average cost of rent is $870/mo in Deer Lodge, primarily driven by the current value of real estate in the Deer Lodge area. In Deer Lodge, 29.55% of households rent, and 47.04% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Deer Lodge is $4,868 per month. Households that rent pay about 17.87% of their income on rent here. Deer Lodge’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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