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

Discover affordable housing in Broadwater 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.

Townsend Housing

402 S Spruce St, Townsend, Montana 59644

Broadwater Villas

601 S Oak, Townsend, Montana

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

calendar_today Opened: Apr 6
Open Until Further Notice

Reported On February 23rd, 2024 by Madison Shannahan

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 Broadwater County, Montana
$17.61 (+440%) more than Montana minimum wage and $14.36 (+198%) more than the Federal minimum wage.
Learn More About Broadwater County, Montana Affordable Housing ↓

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

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

How many renters live in Broadwater County, Montana?

The County of Broadwater County has 6,977 people living in 2,872 households.

There are 1,024 renters living in 487 renter households in this County. Renters make up 14.68 percent of the population living in Broadwater County.

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

There are an estimated 3,137 housing units in the Broadwater County area. Of these, 525 units are rental homes, making up 17 percent of the housing market. For every renter household in Broadwater County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Broadwater County?

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

Occupied Rental Units by Size in Broadwater County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 105 275 86 21
Occupied Rental Units by Size in Broadwater County

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

Among renter households in this market, 37 percent have housing cost burden. Further, 21 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 Broadwater County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $829 to $1,796. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $829
One BR $938
Two BR $1,141
Three BR $1,380
Four BR $1,796
2024 Fair Market Rents in Broadwater County, Montana

How many units are rented at Fair Market Rent (FMR) in Broadwater 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
One BR 56 53 percent
Two BR 177 64 percent
Rental Units Below FMR in Broadwater County, Montana

How many affordable rental units are in Broadwater County?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 34
Tracked Units by Federal Program in Broadwater County, Montana

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

Income Based Apartments in Broadwater County, Montana

Broadwater County features 24 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 Broadwater County, Montana

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

Housing Choice Vouchers in Broadwater County, Montana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Broadwater County, Montana for a two-bedroom apartment is between $1,027 and $1,255.

Sourced from federal housing data and AffordableHousingOnline.com research.