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

Discover affordable housing in Sweet Grass County 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.

Big Timber

317 W 8th Ave , Big Timber, Montana 59011

Stock Street Apts

413 West 8th Avenue, Big Timber, 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 Sweet Grass County, 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 Sweet Grass County, Montana Affordable Housing ↓

What HUD offices serve Sweet Grass 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 Sweet Grass County, Montana.

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

How many renters live in Sweet Grass County, Montana?

The County of Sweet Grass County has 3,697 people living in 1,446 households.

There are 964 renters living in 343 renter households in this County. Renters make up 26.08 percent of the population living in Sweet Grass County.

What is the rental market like in Sweet Grass County, Montana?

There are an estimated 1,870 housing units in the Sweet Grass County area. Of these, 352 units are rental homes, making up 19 percent of the housing market. For every renter household in Sweet Grass County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Sweet Grass County?

The rental vacancy rate in Sweet Grass 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 Sweet Grass County for each bedroom size?

Occupied Rental Units by Size in Sweet Grass County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
15 20 140 121 31
Occupied Rental Units by Size in Sweet Grass County

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

Among renter households in this market, 29 percent have housing cost burden. Further, 8 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 Sweet Grass County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $658 to $1,425. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $658
One BR $721
Two BR $905
Three BR $1,275
Four BR $1,425
2024 Fair Market Rents in Sweet Grass County, Montana

How many units are rented at Fair Market Rent (FMR) in Sweet Grass 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 10 67 percent
One BR 19 95 percent
Two BR 106 76 percent
Rental Units Below FMR in Sweet Grass County, Montana

How many affordable rental units are in Sweet Grass County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Sweet Grass County, Montana

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

Income Based Apartments in Sweet Grass County, Montana

Sweet Grass County features 8 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 Sweet Grass County, Montana

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sweet Grass County.

Housing Choice Vouchers in Sweet Grass County, Montana

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.