Low Income Apartments and Affordable Housing For Rent in Helena, MT

Discover affordable housing in Helena where there are 21+ 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.

Broadwater Village

1427 Broadwater Cir, Helena, Montana 59601

bed 1-3
payment Subsidized

Eagles Manor III

716 N Washington St, Helena, Montana 59601

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Eagles Manor II

715 N Fee St, Helena, Montana 59601

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Guardian Apartments

520 Logan St, Helena, Montana 59601

bed 1
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Aspen Village ( Asi - Helena )

615 Janet St, Helena, Montana 59601

payment Subsidized
elderly Senior
accessibility Accessible

Asi - Helena ( Queencity Estates )

2300 N Roberts St, Helena, Montana 59601

payment Subsidized
accessibility Accessible
accessible_forward Disability

River Rock Residences

3225 Bedrock Dr, Helena, Montana 59602

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Shadow Mountain Apartments

2527 Ferndale Ln, Helena, Montana 59601

switch_access_shortcut Short Wait
accessibility Accessible

Pheasant Glen

3440 Ptarmigan Ln, Helena, Montana 59602

switch_access_shortcut Short Wait
accessibility Accessible

Ptarmigan Residences

3400 Ptarmigan Ln, Helena, Montana 59602

switch_access_shortcut Short Wait
accessibility Accessible

East Park Villas

2615 E Broadway St, Helena, Montana 59601

switch_access_shortcut Short Wait
accessibility Accessible

Red Alder Residences

1549 Red Alder Loop, Helena, Montana 59601

bed 1-3
payment $610-995/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Freedoms Path

3720 Liberty Lane, Helena, Montana 59602

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Wilder Street Apartments

1607 Wilder Ave, Helena, Montana 59601

switch_access_shortcut Short Wait
accessibility Accessible

Roadrunner Residence

1071 Road Runner St, Helena, Montana 59602

switch_access_shortcut Short Wait
accessibility Accessible

Fire Tower Apartments

8 S. Park Ave, Helena, Montana 59601

bed 1-2

Hom2003helenapha

1600 Wilder Ave, Helena, Montana 59601

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Hom2001rmdc

3140 Ptarmigan Ln, Helena, Montana 59602

Samuel V Stewart Homes

100 S Warren St, Helena, Montana 59601

payment Subsidized
accessibility Accessible

Lewis and Clark County

901 N Harris St, Helena, Montana 59601

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Helena, Montana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
Open Until Further Notice
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Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Helena, Montana
$20.02/hour
$16.02 (+400%) more than Montana minimum wage and $12.77 (+176%) more than the Federal minimum wage.
Learn More About Helena, Montana Affordable Housing ↓

What HUD offices serve Helena, 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), Public Housing programs for Helena, Montana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Helena, Montana.

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

How many renters live in Helena, Montana?

The City of Helena has people living in households.

There are renters living in renter households in this City. Renters make up 38.46 percent of the population living in Helena.

What is the rental market like in Helena, Montana?

There are an estimated housing units in the Helena area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Helena, Montana, there are 1.05 rental units.

What is the vacancy rate for rentals in Helena?

The rental vacancy rate in Helena is 5 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 Helena for each bedroom size?

Occupied Rental Units by Size in Helena
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
684 1,737 2,954 1,058 298
Occupied Rental Units by Size in Helena

A large number of apartments in Helena have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Helena

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $729 to $1,575. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $729
One BR $837
Two BR $1,057
Three BR $1,370
Four BR $1,575
2024 Fair Market Rents in Helena, Montana

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

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 499 73 percent
One BR 851 49 percent
Two BR 1,568 53 percent
Rental Units Below FMR in Helena, Montana

How many affordable rental units are in Helena?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Helena, Montana

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

Income Based Apartments in Helena, Montana

Helena features 762 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 Helena, Montana

There are 403 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Helena.

Housing Choice Vouchers in Helena, Montana

On average, Section 8 Housing Choice vouchers pay Helena landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Helena.

The maximum amount a voucher would pay on behalf of a low-income tenant in Helena, Montana for a two-bedroom apartment is between $951 and $1,163.

Sourced from federal housing data and AffordableHousingOnline.com research.

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