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

Discover affordable housing in Powell County where there are 4+ 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.

Deer Lodge Apartments

700 Montana Ave, Deer Lodge, Montana 59722

Pebblestone Square

716 Milwaukee Ave, Deer Lodge, Montana 59722

Cottonwood Creek Villas

111 Rosie Way, Deer Lodge, Montana 59722

Pebblestone Square ( Fka Lavatta Villa )

714 Milwaukee Ave, Deer Lodge, Montana 59722

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 Powell 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 Powell County, Montana Affordable Housing ↓

What HUD offices serve Powell 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 Powell County, Montana.

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

How many renters live in Powell County, Montana?

The County of Powell County has 6,998 people living in 2,298 households.

There are 1,402 renters living in 692 renter households in this County. Renters make up 20.03 percent of the population living in Powell County.

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

There are an estimated 2,930 housing units in the Powell County area. Of these, 746 units are rental homes, making up 25 percent of the housing market. For every renter household in Powell County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Powell County?

The rental vacancy rate in Powell County is 7 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 Powell County for each bedroom size?

Occupied Rental Units by Size in Powell County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 172 241 174 93
Occupied Rental Units by Size in Powell County

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

Among renter households in this market, 15 percent have housing cost burden. Further, 8 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 Powell County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $658 to $1,536. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $658
One BR $689
Two BR $905
Three BR $1,275
Four BR $1,536
2024 Fair Market Rents in Powell County, Montana

How many units are rented at Fair Market Rent (FMR) in Powell 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 0 100 percent
One BR 114 66 percent
Two BR 165 68 percent
Rental Units Below FMR in Powell County, Montana

How many affordable rental units are in Powell County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 67
Section 8 Project-Based Rental Assistance 17
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Powell County, Montana

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

Income Based Apartments in Powell County, Montana

Powell County features 48 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 Powell County, Montana

There are 45 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Powell County.

Housing Choice Vouchers in Powell County, Montana

On average, Section 8 Housing Choice vouchers pay Powell County landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Powell County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.