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

Discover affordable housing in Carbon County where there are 5+ 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.

Frontier Red Lodge

1115 S Adams Ave, Red Lodge, Montana 59068

Red Lodge Apartments

1120 S Edick, Red Lodge, Montana 59068

Pleasant View Apartments

126 N Main, Joliet, Montana 59041

Mountain View Apartments

522 Airport Rd, Red Lodge, Montana 59068

Campbell Courts Apartments

502 S 4th St, Bridger, Montana 59014

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 Carbon County, Montana
$21.74/hour
$17.74 (+444%) more than Montana minimum wage and $14.49 (+200%) more than the Federal minimum wage.
Learn More About Carbon County, Montana Affordable Housing ↓

What HUD offices serve Carbon 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 Carbon County, Montana.

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

How many renters live in Carbon County, Montana?

The County of Carbon County has 10,645 people living in 4,650 households.

There are 2,495 renters living in 1,218 renter households in this County. Renters make up 23.44 percent of the population living in Carbon County.

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

There are an estimated 6,399 housing units in the Carbon County area. Of these, 1,345 units are rental homes, making up 21 percent of the housing market. For every renter household in Carbon County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Carbon County?

The rental vacancy rate in Carbon 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 Carbon County for each bedroom size?

Occupied Rental Units by Size in Carbon County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
57 325 294 424 97
Occupied Rental Units by Size in Carbon County

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

Among renter households in this market, 41 percent have housing cost burden. Further, 19 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 Carbon County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $837 to $1,778. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $837
One BR $874
Two BR $1,148
Three BR $1,583
Four BR $1,778
2024 Fair Market Rents in Carbon County, Montana

How many units are rented at Fair Market Rent (FMR) in Carbon 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 30 53 percent
One BR 239 74 percent
Two BR 157 53 percent
Rental Units Below FMR in Carbon County, Montana

How many affordable rental units are in Carbon County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 95
Section 8 Project-Based Rental Assistance 33
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Carbon County, Montana

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

Income Based Apartments in Carbon County, Montana

Carbon County features 78 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 Carbon County, Montana

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carbon County.

Housing Choice Vouchers in Carbon County, Montana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Carbon County, Montana for a two-bedroom apartment is between $1,033 and $1,263.

Sourced from federal housing data and AffordableHousingOnline.com research.