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

Discover affordable housing in Cascade County where there are 33+ 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.

River Run Apartments

3416 & 3200 11th Ave S, 429 56th St S, 701 3rd Ave NW, Great Falls, Montana 59405

Franklin School Apartments

820 1st Ave SW, Great Falls, Montana 59404

Soroptimist Village

2400 13th Ave S, Great Falls, Montana 59405

Aspen Village

3010 11th Ave S, Great Falls, Montana 59405

Rainbow House

626 13th Ave S, Great Falls, Montana 59405

Cascade Ridge Senior Living

3001 15th Ave S, Great Falls, Montana 59405

Rockcress Commons

23rd Street South, Great Falls, Montana 59403

Sand Hills

1501 23rd Street S, Great Falls, Montana 59405

Holland Court

6th St NW & 10th Ave NW, Great Falls, Montana 59404

Yeoman-Tynes

27th St. and 16th Ave, Great Falls, Montana 59405

Russell

11th Ave and 33rd St S, Great Falls, Montana 59405

Sunrise Courts

51st Ave S, Great Falls, Montana 59405

Chowen Springs

1500 Chowen Springs Loop, Great Falls, Montana 59405

Austin Hall

1622 3rd Ave N, Great Falls, Montana 59401

Golden Valley Homes

300 Millard, Belt, Montana 59412

Great Falls Supportive Housing Development

1701 1st St NW, Great Falls, Montana 59404

The Portage

1521 23rd Ave S, Great Falls, Montana 59405

Broadview Manor

710 4th Ave NW, Great Falls, Montana 59404

Centennial Village

700 4th Ave NW, Great Falls, Montana 59404

Sunshine Village

600 13th Ave S, Great Falls, Montana 59405

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 Cascade County, Montana
$18.54/hour
$14.54 (+364%) more than Montana minimum wage and $11.29 (+156%) more than the Federal minimum wage.
Learn More About Cascade County, Montana Affordable Housing ↓

What HUD offices serve Cascade 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 Cascade County, Montana.

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

How many renters live in Cascade County, Montana?

The County of Cascade County has 84,864 people living in 35,343 households.

There are 22,128 renters living in 10,861 renter households in this County. Renters make up 26.07 percent of the population living in Cascade County.

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

There are an estimated 39,022 housing units in the Cascade County area. Of these, 12,114 units are rental homes, making up 31 percent of the housing market. For every renter household in Cascade County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Cascade County?

The rental vacancy rate in Cascade 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 Cascade County for each bedroom size?

Occupied Rental Units by Size in Cascade County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
551 3,320 3,888 1,811 948
Occupied Rental Units by Size in Cascade County

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

Among renter households in this market, 32 percent have housing cost burden. Further, 12 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 Cascade County

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 County, Montana

How many units are rented at Fair Market Rent (FMR) in Cascade 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 342 62 percent
One BR 2,198 66 percent
Two BR 2,743 71 percent
Rental Units Below FMR in Cascade County, Montana

How many affordable rental units are in Cascade County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 557
Public Housing 489
Section 8 Project-Based Rental Assistance 579
Mod Rehab Project-Based Rental Assistance 148
Section 202 Supportive Housing for the Elderly 48
Section 811 Supportive Housing for Persons with Disabilities 41
Tracked Units by Federal Program in Cascade County, Montana

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

Income Based Apartments in Cascade County, Montana

Cascade County features 1,168 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 County, Montana

There are 502 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cascade County.

Housing Choice Vouchers in Cascade County, Montana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cascade County, Montana for a two-bedroom apartment is between $881 and $1,077.

Sourced from federal housing data and AffordableHousingOnline.com research.