Low Income Apartments and Affordable Housing For Rent in Musselshell County, MT

Discover affordable housing in Musselshell County where there are 3+ 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.

Homes on the Range

902 3rd St E, Roundup, Montana 59072

Tri - County I

724 1st St E, Roundup, Montana 59072

Tri - County II

1202 1st St W, Roundup, Montana 59072

calendar_today Opened: Apr 6
Open Until Further Notice

Reported On February 23rd, 2024 by Madison Shannahan

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Musselshell County, Montana
$17.59/hour
$13.59 (+340%) more than Montana minimum wage and $10.34 (+143%) more than the Federal minimum wage.
Learn More About Musselshell County, Montana Affordable Housing ↓

What HUD offices serve Musselshell County, 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 Musselshell County, Montana.

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

How many renters live in Musselshell County, Montana?

The County of Musselshell County has 4,924 people living in 2,137 households.

There are 1,101 renters living in 410 renter households in this County. Renters make up 22.36 percent of the population living in Musselshell County.

What is the rental market like in Musselshell County, Montana?

There are an estimated 2,677 housing units in the Musselshell County area. Of these, 421 units are rental homes, making up 16 percent of the housing market. For every renter household in Musselshell County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Musselshell County?

The rental vacancy rate in Musselshell County is 3 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 Musselshell County for each bedroom size?

Occupied Rental Units by Size in Musselshell County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 35 159 134 64
Occupied Rental Units by Size in Musselshell County

A large number of apartments in Musselshell County 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 Musselshell County are overburdened by housing costs?

Among renter households in this market, 15 percent have housing cost burden. Further, 6 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 Musselshell County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $675 to $1,485. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $675
One BR $707
Two BR $929
Three BR $1,309
Four BR $1,485
2024 Fair Market Rents in Musselshell County, Montana

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

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
One BR 23 66 percent
Two BR 61 38 percent
Rental Units Below FMR in Musselshell County, Montana

How many affordable rental units are in Musselshell County?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 50
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Musselshell County, Montana

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

Income Based Apartments in Musselshell County, Montana

Musselshell County features 74 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 Musselshell County, Montana

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

Housing Choice Vouchers in Musselshell County, Montana

On average, Section 8 Housing Choice vouchers pay Musselshell County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Musselshell County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Musselshell County, Montana for a two-bedroom apartment is between $836 and $1,022.

Sourced from federal housing data and AffordableHousingOnline.com research.