Low Income Apartments and Affordable Housing For Rent in Billings, MT

Discover affordable housing in Billings where there are 62+ 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.

Acme Hotel Apartments

107 N 28th St, Billings, Montana 59101

bed Studio-2
payment $602-774/mo.
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Fraser Towers

715 S 28th St, Billings, Montana 59101

bed 1-2
payment $25-835/mo.
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Brush Meadows

1203 Lake Elmo Dr, Billings, Montana 59105

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Sage Tower Apartments

115 N 24th St, Billings, Montana 59101

bed Studio-1
payment Subsidized
accessibility Accessible

Ponderosa Acres

1301 Industrial Avenue, Billings, Montana 59101

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Prairie Towers Apartments

725 N 25th St, Billings, Montana 59101

bed 1-2
switch_access_shortcut Short Wait

Big Sky Apartments

720 N 18th St, Billings, Montana 59101

bed Studio-3
payment Subsidized

Southern Lights

815 S 28th St, Billings, Montana 59101

bed 1-4
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

South Forty Apartments

769 Fallow Ln, Billings, Montana 59102

bed 1
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Edgewood Apartments

1225 Lake Elmo Dr, Billings, Montana 59105

switch_access_shortcut Short Wait
accessibility Accessible

Starner Gardens

311 Starner Ln., Billings, Montana 59105

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Aspen Grove

248 Wicks Ln, Billings, Montana 59105

payment Subsidized
elderly Senior
accessibility Accessible

Pleasant View

825 Avenue D, Billings, Montana 59102

payment Subsidized

Magic City Terrace

1433 Main St , Billings, Montana 59105

elderly Senior

Western View Apartments

2601 Phyllis Ln, Billings, Montana 59102

payment Subsidized

Red Fox Apartments

332-346 Sioux Lane, Billings, Montana 59105

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Whitetail Run Apartments

335 Sioux Ln, Billings, Montana 59105

switch_access_shortcut Short Wait
accessibility Accessible

Spring Garden Apartments

3222 Henesta Dr, Billings, Montana 59102

bed 2-3
payment $350-430/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Castlerock Apartment Homes

1551 Nottingham Pl, Billings, Montana 59105

bed 3
payment $1580/mo.

Rock Creek

2323 32nd St W, Billings, Montana 59102

bed 3
payment $1552/mo.

How To Identify Affordable Housing in Billings, Montana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Billings, 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 Billings, Montana Affordable Housing ↓

What HUD offices serve Billings, 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), Public Housing programs for Billings, Montana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Billings, Montana.

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

How many renters live in Billings, Montana?

The City of Billings has people living in households.

There are renters living in renter households in this City. Renters make up 27.27 percent of the population living in Billings.

What is the rental market like in Billings, Montana?

There are an estimated housing units in the Billings area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Billings, Montana, there are 1.05 rental units.

What is the vacancy rate for rentals in Billings?

The rental vacancy rate in Billings is 6 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 Billings for each bedroom size?

Occupied Rental Units by Size in Billings
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
817 4,712 7,328 3,013 1,044
Occupied Rental Units by Size in Billings

A large number of apartments in Billings have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Billings

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 Billings, Montana

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

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 383 47 percent
One BR 2,368 50 percent
Two BR 4,080 56 percent
Rental Units Below FMR in Billings, Montana

How many affordable rental units are in Billings?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Billings, Montana

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

Income Based Apartments in Billings, Montana

Billings features 2,220 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 Billings, Montana

There are 516 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Billings.

Housing Choice Vouchers in Billings, Montana

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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