Low Income Apartments and Affordable Housing For Rent in Fort Benton, MT

Discover affordable housing in Fort Benton where there are 2+ 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.

Canyon Villas

2201 Choteau St, Fort Benton, Montana 59442

Sunrise Bluff Estates

711 21st St, Fort Benton, Montana 59442

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fort Benton, Montana
$17.14/hour
$13.14 (+329%) more than Montana minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Fort Benton, Montana Affordable Housing ↓

What HUD offices serve Fort Benton, 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 Fort Benton, Montana.

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

How many renters live in Fort Benton, Montana?

The City of Fort Benton has 1,544 people living in 548 households.

There are 249 renters living in 119 renter households in this City. Renters make up 16.13 percent of the population living in Fort Benton.

What is the rental market like in Fort Benton, Montana?

There are an estimated 709 housing units in the Fort Benton area. Of these, 143 units are rental homes, making up 20 percent of the housing market. For every renter household in Fort Benton, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Fort Benton?

The rental vacancy rate in Fort Benton is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Fort Benton for each bedroom size?

Occupied Rental Units by Size in Fort Benton
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1 32 51 19 16
Occupied Rental Units by Size in Fort Benton

A large number of apartments in Fort Benton 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 Fort Benton are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 12 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 Fort Benton

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $658 to $1,283. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $658
One BR $689
Two BR $905
Three BR $1,094
Four BR $1,283
2024 Fair Market Rents in Fort Benton, Montana

How many units are rented at Fair Market Rent (FMR) in Fort Benton?

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 1 100 percent
One BR 22 69 percent
Two BR 36 71 percent
Rental Units Below FMR in Fort Benton, Montana

How many affordable rental units are in Fort Benton?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 34
USDA Section 515 Rural Rental Housing 10
Tracked Units by Federal Program in Fort Benton, Montana

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

Income Based Apartments in Fort Benton, Montana

Fort Benton features 78 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 Fort Benton, Montana

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

Housing Choice Vouchers in Fort Benton, Montana

On average, Section 8 Housing Choice vouchers pay Fort Benton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Fort Benton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Benton, Montana for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.