Deer Lodge, Montana.
Typical home $297,361 (+5.7% in a year). Helena, MT metro.
to buy the typical home at today's mortgage rate — +$1,010 (+183%) since Jan 2020.
- 1 year
- Up $15,946 +6%
- $281,415$297,361 since Sep 2025
- 5 years
- Up $93,767 +46%
- $203,594$297,361 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Deer Lodge$1,561
- Montana$2,453
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Deer Lodge, MT rose 5.7% over the past year — faster than the nation's +1.2%.
Living in Deer Lodge, Powell County, Montana
Deer Lodge is a city of 2,938 people in Powell County. 68% of its homes are lived in by their owners and 32% are rented. Unemployment in Powell County was 3.0% in August 2026, and the county had 0.4% fewer jobs in 2025 than the year before. The most people in Powell County work in schools and health care, then government.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Deer Lodge is a small city in Powell County, Montana, and its residents are older than in most American towns. Most homes are lived in by their owners, and poverty is uncommon. Winters are cold, with December the coldest month, and summers are warm but not hot; the year brings little rain and snow compared with much of the country.
Work. Many residents work in schools, hospitals and social care, with government, restaurants and hotels, and shops also employing a good share. The largest workplaces in town include Deer Lodge Elementary Schools, Safeway and Powell County High School. Commutes are short, and unemployment in the county is low, though the county has lost a few jobs over the past year.
Things to do. Grant-Kohrs Ranch National Historic Site, a protected area, sits in or beside town. A longer drive away are the Clark Fork, a river, and Lost Creek State Park, a protected area. The World Museum of Mining is another museum a longer drive away.
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- 1,369households
- 24%of adults have a degree
- 7%below the poverty line
- 14 mintypical commute
- 5%work from home
What people in Powell County work in
Employed residents by industry, from the Census survey. Powell County had 2,457 jobs in 2025, 0.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 31° and lows near 10°; warmest in August, with highs near 79° and lows near 42°. About 15 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Deer Lodge West weather station, 3 miles away (NOAA).
Largest workplaces in Deer Lodge
- Deer Lodge Elem SchoolsSchool district58FTE
- SafewaySupermarkets and other grocery stores57
- Powell County H S SchoolsSchool district24FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1 workplace with 20 or more staff, 57 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Cold wavesVery high
- LightningRelatively high
- WildfireRelatively moderate
- LandslidesRelatively moderate
- EarthquakesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Deer Lodge’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Powell County and the Helena, MT metro.
Deer Lodge home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Deer Lodge$297,361
- Montana$467,275
- United States$366,157
Sellers are cutting prices on about 1 in 7 Deer Lodge listings — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Deer Lodge13.53%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Deer Lodge24
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Deer Lodge address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Deer Lodge — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.