What HUD offices serve Bridger, 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 Bridger.
How many renters live in Bridger, Montana?
The City of Bridger has 889 people living in 352 households.
There are 305 renters living in 113 renter households in this City. Renters make up 34.31 percent of the population living in Bridger.
What is the rental market like in Bridger, Montana?
There are an estimated 395 housing units in the Bridger area. Of these, 133 units are rental homes, making up 34 percent of the housing market. For every renter household in Bridger, Montana, there are 1 rental units.
What is the vacancy rate for rentals in Bridger?
The rental vacancy rate in Bridger is 15 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 Bridger for each bedroom size?
Occupied Rental Units by Size in Bridger
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 12 | 36 | 36 | 25 | 4 |
Occupied Rental Units by Size in Bridger
A large number of apartments in Bridger 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 Bridger are overburdened by housing costs?
Among renter households in this market, 57 percent have housing cost burden. Further, 10 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 Bridger
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $837 to $1,778. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $837 |
| One BR | $874 |
| Two BR | $1,148 |
| Three BR | $1,583 |
| Four BR | $1,778 |
2024 Fair Market Rents in Bridger, Montana
How many units are rented at Fair Market Rent (FMR) in Bridger?
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 | 12 | 100 percent |
| One BR | 28 | 78 percent |
| Two BR | 29 | 81 percent |
Rental Units Below FMR in Bridger, Montana
How many affordable rental units are in Bridger?
There are a variety of federal affordable housing programs serving households in Bridger, Montana including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 18 |
Tracked Units by Federal Program in Bridger, Montana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Bridger, Montana
Bridger features 18 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 Bridger, Montana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bridger.
Housing Choice Vouchers in Bridger, Montana
On average, Section 8 Housing Choice vouchers pay Bridger landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Bridger.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bridger, Montana for a two-bedroom apartment is between $1,033 and $1,263.
Sourced from federal housing data and AffordableHousingOnline.com research.
