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

Discover affordable housing in Ravalli County where there are 13+ 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.

Burnt Fork Manor

313 11th St, Stevensville, Montana 59870

Willow Court

290 Skeels Ave, Hamilton, Montana 59840

Sapphire Lutheran Homes

401 N 10th St, Hamilton, Montana 59840

Bitterroot Commons

501 Welcome Way, Darby, Montana 59829

Emporda Apartments

302 Courtyard Cir, Corvallis, Montana 59828

Mountain View I Apartments

300 Stonegate Dr, Hamilton, Montana 59840

Mountain View II Apartments

200 Stonegate Dr, Hamilton, Montana 59840

Mountain View III Apartments

225 Stonegate Dr, Hamilton, Montana 59840

Bitterroot Valley Villas

819 River St, Hamilton, Montana 59840

Canyon View

501 N. 10th St, Hamilton, Montana 59840

Parkside Apartments

121 State St, Hamilton, Montana 59840

Meadow Brook Court

221 Willow Creek Rd, Corvallis, Montana 59828

S.A.F.E.

150 Morning Star Way, Hamilton, Montana 59840

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 Ravalli County, Montana
$17.58/hour
$13.58 (+339%) more than Montana minimum wage and $10.33 (+142%) more than the Federal minimum wage.
Learn More About Ravalli County, Montana Affordable Housing ↓

What HUD offices serve Ravalli 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 Ravalli County, Montana.

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

How many renters live in Ravalli County, Montana?

The County of Ravalli County has 44,876 people living in 18,847 households.

There are 8,807 renters living in 4,256 renter households in this County. Renters make up 19.63 percent of the population living in Ravalli County.

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

There are an estimated 21,007 housing units in the Ravalli County area. Of these, 4,531 units are rental homes, making up 22 percent of the housing market. For every renter household in Ravalli County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Ravalli County?

The rental vacancy rate in Ravalli County is 5 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 Ravalli County for each bedroom size?

Occupied Rental Units by Size in Ravalli County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
208 828 1,674 1,311 184
Occupied Rental Units by Size in Ravalli County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 18 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 Ravalli County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $674 to $1,575. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $674
One BR $718
Two BR $928
Three BR $1,304
Four BR $1,575
2024 Fair Market Rents in Ravalli County, Montana

How many units are rented at Fair Market Rent (FMR) in Ravalli 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 118 57 percent
One BR 426 51 percent
Two BR 933 56 percent
Rental Units Below FMR in Ravalli County, Montana

How many affordable rental units are in Ravalli County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 383
Section 8 Project-Based Rental Assistance 72
USDA Section 515 Rural Rental Housing 132
Tracked Units by Federal Program in Ravalli County, Montana

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

Income Based Apartments in Ravalli County, Montana

Ravalli County features 136 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 Ravalli County, Montana

There are 220 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ravalli County.

Housing Choice Vouchers in Ravalli County, Montana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ravalli County, Montana for a two-bedroom apartment is between $835 and $1,021.

Sourced from federal housing data and AffordableHousingOnline.com research.