What HUD offices serve Cascade, 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.
Go to the Montana Public Housing and Low-Income Apartments Waiting Lists page for openings near Cascade.
How many renters live in Cascade, Montana?
The City of Cascade has people living in households.
There are renters living in renter households in this City. Renters make up 24.78 percent of the population living in Cascade.
What is the rental market like in Cascade, Montana?
There are an estimated housing units in the Cascade area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cascade, Montana, there are 1.33 rental units.
What is the vacancy rate for rentals in Cascade?
The rental vacancy rate in Cascade is 25 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 Cascade for each bedroom size?
Occupied Rental Units by Size in Cascade
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 2 | 0 | 55 | 19 | 2 |
Occupied Rental Units by Size in Cascade
A large number of apartments in Cascade 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 Cascade
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $708 to $1,560. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $708 |
| One BR | $745 |
| Two BR | $979 |
| Three BR | $1,380 |
| Four BR | $1,560 |
2024 Fair Market Rents in Cascade, Montana
How many units are rented at Fair Market Rent (FMR) in Cascade?
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 | 2 | 100 percent |
| Two BR | 24 | 44 percent |
Rental Units Below FMR in Cascade, Montana
How many affordable rental units are in Cascade?
There are a variety of federal affordable housing programs serving households in Cascade, Montana including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Cascade, Montana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Cascade, Montana
Cascade features 20 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 Cascade, Montana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cascade.
Housing Choice Vouchers in Cascade, Montana
On average, Section 8 Housing Choice vouchers pay Cascade landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cascade.
The maximum amount a voucher would pay on behalf of a low-income tenant in Cascade, Montana for a two-bedroom apartment is between $881 and $1,077.
Sourced from federal housing data and AffordableHousingOnline.com research.