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

Discover affordable housing in Stillwater 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.

Homestead Lodge Apartments

121 S Weast Ave, Absarokee, Montana 59001

Sage Apartments

724 E 2nd Ave N, Columbus, Montana 59019

Columbus Apts

531 E. 4th Avenue North, Columbus, Montana

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 Stillwater County, Montana
$19.38/hour
$15.38 (+384%) more than Montana minimum wage and $12.13 (+167%) more than the Federal minimum wage.
Learn More About Stillwater County, Montana Affordable Housing ↓

What HUD offices serve Stillwater 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 Stillwater County, Montana.

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

How many renters live in Stillwater County, Montana?

The County of Stillwater County has 8,978 people living in 3,801 households.

There are 1,221 renters living in 619 renter households in this County. Renters make up 13.6 percent of the population living in Stillwater County.

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

There are an estimated 4,657 housing units in the Stillwater County area. Of these, 688 units are rental homes, making up 15 percent of the housing market. For every renter household in Stillwater County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Stillwater County?

The rental vacancy rate in Stillwater County is 9 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 Stillwater County for each bedroom size?

Occupied Rental Units by Size in Stillwater County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
17 123 203 195 71
Occupied Rental Units by Size in Stillwater County

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

Among renter households in this market, 29 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 Stillwater County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $735 to $1,736. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $735
One BR $779
Two BR $1,023
Three BR $1,424
Four BR $1,736
2024 Fair Market Rents in Stillwater County, Montana

How many units are rented at Fair Market Rent (FMR) in Stillwater 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
Studio 17 100 percent
One BR 105 85 percent
Two BR 150 74 percent
Rental Units Below FMR in Stillwater County, Montana

How many affordable rental units are in Stillwater County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 32
USDA Section 515 Rural Rental Housing 52
Tracked Units by Federal Program in Stillwater County, Montana

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

Income Based Apartments in Stillwater County, Montana

Stillwater County features 52 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 Stillwater County, Montana

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

Housing Choice Vouchers in Stillwater County, Montana

On average, Section 8 Housing Choice vouchers pay Stillwater County landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Stillwater County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Stillwater County, Montana for a two-bedroom apartment is between $921 and $1,125.

Sourced from federal housing data and AffordableHousingOnline.com research.