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

Discover affordable housing in Rosebud 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.

Forsyth Village I

1855 Main St, Forsyth, Montana 59327

Forsyth Village II

2315 Front St, Forsyth, Montana 59327

Shoulderblade I

PO Box 39, Lame Deer, Montana 59043

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 Rosebud 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 Rosebud County, Montana Affordable Housing ↓

What HUD offices serve Rosebud 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 Rosebud County, Montana.

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

How many renters live in Rosebud County, Montana?

The County of Rosebud County has 8,310 people living in 3,043 households.

There are 2,665 renters living in 1,085 renter households in this County. Renters make up 32.07 percent of the population living in Rosebud County.

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

There are an estimated 3,807 housing units in the Rosebud County area. Of these, 1,163 units are rental homes, making up 31 percent of the housing market. For every renter household in Rosebud County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Rosebud County?

The rental vacancy rate in Rosebud County is 7 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 Rosebud County for each bedroom size?

Occupied Rental Units by Size in Rosebud County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
93 219 375 266 108
Occupied Rental Units by Size in Rosebud County

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

Among renter households in this market, 26 percent have housing cost burden. Further, 16 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 Rosebud County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $658 to $1,536. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $658
One BR $749
Two BR $905
Three BR $1,253
Four BR $1,536
2024 Fair Market Rents in Rosebud County, Montana

How many units are rented at Fair Market Rent (FMR) in Rosebud 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 81 87 percent
One BR 208 95 percent
Two BR 258 69 percent
Rental Units Below FMR in Rosebud County, Montana

How many affordable rental units are in Rosebud County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 105
Tracked Units by Federal Program in Rosebud County, Montana

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

Income Based Apartments in Rosebud County, Montana

Rosebud County features 0 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 Rosebud County, Montana

There are 71 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rosebud County.

Housing Choice Vouchers in Rosebud County, Montana

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.