What HUD offices serve Belgrade, Montana?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Montana Public Housing and Low-Income Apartments Waiting Lists page for openings near Belgrade.
How many renters live in Belgrade, Montana?
The City of Belgrade has 10,941 people living in 4,402 households.
There are 4,099 renters living in 1,897 renter households in this City. Renters make up 37.46 percent of the population living in Belgrade.
What is the rental market like in Belgrade, Montana?
There are an estimated 4,614 housing units in the Belgrade area. Of these, 2,096 units are rental homes, making up 45 percent of the housing market. For every renter household in Belgrade, Montana, there are 1 rental units.
What is the vacancy rate for rentals in Belgrade?
The rental vacancy rate in Belgrade is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Belgrade for each bedroom size?
Occupied Rental Units by Size in Belgrade
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 114 | 414 | 671 | 544 | 133 |
Occupied Rental Units by Size in Belgrade
A large number of apartments in Belgrade have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Belgrade are overburdened by housing costs?
Among renter households in this market, 41 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Belgrade
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $901 to $2,164. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $901 |
| One BR | $999 |
| Two BR | $1,275 |
| Three BR | $1,797 |
| Four BR | $2,164 |
2024 Fair Market Rents in Belgrade, Montana
How many units are rented at Fair Market Rent (FMR) in Belgrade?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 79 | 69 percent |
| One BR | 312 | 75 percent |
| Two BR | 369 | 55 percent |
Rental Units Below FMR in Belgrade, Montana
How many affordable rental units are in Belgrade?
There are a variety of federal affordable housing programs serving households in Belgrade, Montana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 140 |
| Section 811 Supportive Housing for Persons with Disabilities | 1 |
| USDA Section 515 Rural Rental Housing | 66 |
Tracked Units by Federal Program in Belgrade, Montana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Belgrade, Montana
Belgrade features 48 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Belgrade, Montana
There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Belgrade.
Housing Choice Vouchers in Belgrade, Montana
On average, Section 8 Housing Choice vouchers pay Belgrade landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Belgrade.
The maximum amount a voucher would pay on behalf of a low-income tenant in Belgrade, Montana for a two-bedroom apartment is between $1,148 and $1,403.
Sourced from federal housing data and AffordableHousingOnline.com research.
