Cost of Living in Deer Lodge County, Montana

$661/mo
Median Monthly Rent
$209,700
Median Home Value
20% below state averageUnaffordable

At a Glance

Median Monthly Rent
$661/mo
20% below state average
Median Home Value
$209,700
26% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Deer Lodge County Compares

Median monthly rent comparison

Deer Lodge County$661/mo
Montana Average$825/mo
National Median$1,163/mo

Detailed Housing Stats

$661/mo
Median Gross Rent
$209,700
Median Home Value
$827/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Deer Lodge County, Montana

Deer Lodge: Low Income, Moderate Housing Burden

Deer Lodge County faces a challenging affordability scenario: rents consume 16% of income while median household income is just $49,533—the lowest in this Montana sample. Monthly rent of $661 is relatively modest, but against the county's thin wages, it creates meaningful budget strain for renters. This county illustrates how rural economic conditions can pressure even modest housing costs.

Deer Lodge Slightly Above Montana Average

At 16%, Deer Lodge's rent-to-income ratio nudges above Montana's 15.9% state average, reflecting both tight local wages and housing costs that haven't declined proportionally. Median income of $49,533 is substantially below the state's economic profile, indicating structural economic challenges beyond housing supply. Deer Lodge represents struggling rural Montana, where affordability issues stem from income weakness rather than housing inflation.

Deer Lodge: Lowest Income in the Region

Deer Lodge's median household income of $49,533 trails every other county in this sample, falling short of Daniels County ($58,000) by nearly $8,500 annually. Rent here ($661) is reasonable in absolute terms but burdensome relative to local earnings, revealing an income gap problem rather than a housing cost problem. The county's historical mining economy has not smoothly transitioned to modern employment.

Deer Lodge's Wage-Housing Mismatch

Renters earning a median of $49,533 annually ($4,128 monthly) spend $661 on rent—16% of income, edging above comfort thresholds. Homeowners fare somewhat better at $827 monthly, though that still consumes nearly 20% of median income, an unsustainable ratio for most families. The county's real challenge is wage stagnation, not housing cost explosion.

Deer Lodge: Consider Job Market First

Deer Lodge offers the lowest rents in this sample and modest home values ($209,700), but the county's weak median income signals limited job opportunities for relocating workers. Retirees or those with remote income may find Deer Lodge affordable, but job seekers should verify employment prospects before committing. The county's economic transition remains incomplete, affecting long-term affordability stability.

Affordability Calculator

See how your income compares to housing costs in Deer Lodge County

$

Rent Burden

16.0%

of gross income

Max Housing (28% Rule)

$1,156

per month

Owner Cost Burden

20.0%

of gross income

The median home in Deer Lodge County may be a stretch

Median home value is $209,700. Estimated monthly cost: $1,674 vs. your max of $1,156.

Rent Affordability Guide

Your rent-to-income ratio16.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Deer Lodge County, Montana?
Deer Lodge County, Montana has a median monthly rent of $661/mo and a median home value of $209,700. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Deer Lodge County?
The median gross rent in Deer Lodge County is $661/mo. This is 20% below state average for Montana.
Is Deer Lodge County affordable?
Deer Lodge County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Deer Lodge County's rent compare to the state average?
Deer Lodge County's median rent of $661/mo is 20% below state average of $825/mo for Montana.
What is the median home value in Deer Lodge County?
The median home value in Deer Lodge County, Montana is $209,700. This is 26% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.