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Affordable Housing In Gallatin County
Montana

30 Low Income Apartment Communities In Gallatin County

Gallatin Trails Apartments

101 Jackrabbit Ln
Belgrade, Montana
Call For Rent
1-2 BR
Accepts Vouchers

Bridger Peaks Village

1483 N 15th Ave
Bozeman, Montana
$666-795
1-2 BR
Accepts Vouchers
55+

Stoneridge Apartments

283 W. Front St, Ste 1
Bozeman, Montana
$548-1,080
2-3 BR
Accepts Vouchers

Castlebar Apartments I & II

1201 N 25th Ave
Bozeman, Montana
Call For Rent
2-3 BR
Accepts Vouchers

Big Sky Villas Apartments

202 W Jefferson
Belgrade, Montana
Call For Rent
1-3 BR
Accepts Vouchers

Bozeman Senior Housing Summerwood Apartments

1441 N 15th Ave
Bozeman, Montana
Subsidized
62+
Accessible
Elderly Supportive Housing

Timberline Apartments

1006 Cardinal Dr
Belgrade, Montana
Subsidized

Darlinton Manor

606 N 5th Ave
Bozeman, Montana
Subsidized

Bozeman Supportive Housing Spirng Run

1325 N 15th Ave
Bozeman, Montana
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Gallatana

400 W. Main
Manhattan, Montana

Housing Authorities that serve Gallatin County

Housing Authority Programs
Montana Department of Commerce Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Gallatin County, Montana

There are 30 low income housing apartment communities offering 1,091 affordable apartments for rent in Gallatin County, Montana.

Income Based Apartments in Gallatin County, Montana

Gallatin County features 462 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 Gallatin County, Montana

There are 629 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gallatin County.

Housing Choice Vouchers in Gallatin County, Montana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Gallatin County, Montana for a two-bedroom apartment is between $892 and $1,090.

2020 Gallatin County, Montana Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $698 $760 $991 $1,430 $1,740
Payment Standard Range $628 to $768 $684 to $836 $892 to $1,090 $1,287 to $1,573 $1,566 to $1,914

Sourced from federal housing data and AffordableHousingOnline.com research.

Gallatin County, MT Affordable Housing Snapshot

Total Affordable Apartment Properties 30
Total Low Income Apartments 1,091
Total Housing Units with Rental Assistance 462
Percentage of Housing Units Occupied By Renters 38.48%
Average Renter Household Size 2.20
Average Household Size 2.39
Median Household Income $55,553 ±$1,893
Median Rent $876 ±$23
Percentage Of Renters Overburdened 47.49% ± 3.03pp
Total Population 95,323

Population and Household Demographics

Gallatin County is a county in Montana with a population of 95,323. There are 38,292 households in the county with an average household size of 2.39 persons. 38.48% of households in Gallatin County are renters.

Income and Rent Overburden in Gallatin County

The median gross income for households in Gallatin County is $55,553 a year, or $4,629 a month. The median rent for the county is $876 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Gallatin County, a household making less than $2,920 a month would be considered overburdened when renting an apartment at or above the median rent. 47.49% of households who rent are overburdened in Gallatin County.

Area Median Income In Gallatin County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Gallatin County, HUD calculates the Area Median Income for a family of four as $90,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Gallatin County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Gallatin County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,000 $21,700 $24,400 $27,100 $30,680 $35,160 $39,640 $44,120
50% of Median $31,650 $36,200 $40,700 $45,200 $48,850 $52,450 $56,050 $59,700
80% of Median $50,650 $57,850 $65,100 $72,300 $78,100 $83,900 $89,700 $95,450