Low Income Apartments and Affordable Housing For Rent in Columbia Falls, MT

Discover affordable housing in Columbia Falls where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Teakettle Vista II

1160 12th Ave W, Columbia Falls, Montana 59912

Teakettle Vista Apartments

1220 12th Ave W, Columbia Falls, Montana 59912

Columbia Arms Apartments

810 5th St W, Columbia Falls, Montana 59912

Columbia Villa Apartments

700 7th St W, Columbia Falls, Montana 59912

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Columbia Falls, Montana
$20.47/hour
$16.47 (+412%) more than Montana minimum wage and $13.22 (+182%) more than the Federal minimum wage.
Learn More About Columbia Falls, Montana Affordable Housing ↓

What HUD offices serve Columbia Falls, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Columbia Falls, Montana.

Go to the Montana Public Housing and Low-Income Apartments Waiting Lists page for openings near Columbia Falls.

How many renters live in Columbia Falls, Montana?

The City of Columbia Falls has 5,435 people living in 2,064 households.

There are 2,139 renters living in 751 renter households in this City. Renters make up 39.36 percent of the population living in Columbia Falls.

What is the rental market like in Columbia Falls, Montana?

There are an estimated 2,324 housing units in the Columbia Falls area. Of these, 808 units are rental homes, making up 35 percent of the housing market. For every renter household in Columbia Falls, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Columbia Falls?

The rental vacancy rate in Columbia Falls is 7 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 Columbia Falls for each bedroom size?

Occupied Rental Units by Size in Columbia Falls
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
47 114 239 244 107
Occupied Rental Units by Size in Columbia Falls

A large number of apartments in Columbia Falls 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 Columbia Falls are overburdened by housing costs?

Among renter households in this market, 61 percent have housing cost burden. Further, 35 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 Columbia Falls

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $733 to $1,834. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $733
One BR $823
Two BR $1,081
Three BR $1,486
Four BR $1,834
2024 Fair Market Rents in Columbia Falls, Montana

How many units are rented at Fair Market Rent (FMR) in Columbia Falls?

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 0 100 percent
One BR 104 91 percent
Two BR 175 73 percent
Rental Units Below FMR in Columbia Falls, Montana

How many affordable rental units are in Columbia Falls?

There are a variety of federal affordable housing programs serving households in Columbia Falls, Montana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 79
Section 8 Project-Based Rental Assistance 35
USDA Section 515 Rural Rental Housing 56
Tracked Units by Federal Program in Columbia Falls, Montana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Columbia Falls, Montana

Columbia Falls features 92 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 Columbia Falls, Montana

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Columbia Falls.

Housing Choice Vouchers in Columbia Falls, Montana

On average, Section 8 Housing Choice vouchers pay Columbia Falls landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Columbia Falls.

The maximum amount a voucher would pay on behalf of a low-income tenant in Columbia Falls, Montana for a two-bedroom apartment is between $973 and $1,189.

Sourced from federal housing data and AffordableHousingOnline.com research.