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

Discover affordable housing in Big Horn County where there are 7+ 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 Hardin

909 N Custer Ave, Hardin, Montana 59034

Rangeview Apartments

1218 Rangeview Dr, Hardin, Montana 59034

Fifth Street Apartments

720 5th St W, Hardin, Montana 59034

Hysham Village

117 Division St, Hysham, Montana 59038

Hardin II Apartments

247 N Heimat Rd, Hardin, Montana 59034

Apsaalooke Warrior Apartments

Crow Agency, MT 59022, Crow Agency, Montana 59022

Rangeview Drive Apartments

1128 Rangeview Dr, Hardin, Montana 59034

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 Big Horn 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 Big Horn County, Montana Affordable Housing ↓

What HUD offices serve Big Horn 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 Big Horn County, Montana.

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

How many renters live in Big Horn County, Montana?

The County of Big Horn County has 13,090 people living in 3,622 households.

There are 4,052 renters living in 1,210 renter households in this County. Renters make up 30.95 percent of the population living in Big Horn County.

What is the rental market like in Big Horn County, Montana?

There are an estimated 4,531 housing units in the Big Horn County area. Of these, 1,284 units are rental homes, making up 28 percent of the housing market. For every renter household in Big Horn County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Big Horn County?

The rental vacancy rate in Big Horn 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 Big Horn County for each bedroom size?

Occupied Rental Units by Size in Big Horn County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
118 121 383 419 135
Occupied Rental Units by Size in Big Horn County

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

Among renter households in this market, 23 percent have housing cost burden. Further, 10 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 Big Horn County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $658 to $1,356. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $658
One BR $708
Two BR $905
Three BR $1,192
Four BR $1,356
2024 Fair Market Rents in Big Horn County, Montana

How many units are rented at Fair Market Rent (FMR) in Big Horn 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 98 83 percent
One BR 89 74 percent
Two BR 185 48 percent
Rental Units Below FMR in Big Horn County, Montana

How many affordable rental units are in Big Horn County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 40
USDA Section 515 Rural Rental Housing 104
Tracked Units by Federal Program in Big Horn County, Montana

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

Income Based Apartments in Big Horn County, Montana

Big Horn County features 104 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 Big Horn County, Montana

There are 27 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Big Horn County.

Housing Choice Vouchers in Big Horn County, Montana

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.