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Affordable Housing In Hardin
Big Horn County, Montana

5 Low Income Apartment Communities In Hardin

Frontier Hardin

909 N Custer Ave
Hardin, Montana
Call For Rent
1 BR
Subsidized

Fifth Street Apartments

720 5th St W
Hardin, Montana

Hardin II Apartments

247 N Heimat Rd
Hardin, Montana
Subsidized

Rangeview Apartments

1218 Rangeview Dr
Hardin, Montana

Rangeview Drive Apartments

1128 Rangeview Dr
Hardin, Montana
Subsidized
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Housing Authorities that serve Hardin

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

Guide To Affordable Housing in Hardin, Montana

There are 5 low income housing apartment communities offering 120 affordable apartments for rent in Hardin, Montana.

Income Based Apartments in Hardin, Montana

Hardin features 80 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 Hardin, Montana

There are 40 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hardin.

Housing Choice Vouchers in Hardin, Montana

On average, Section 8 Housing Choice vouchers pay Hardin landlords $500 per month towards rent. The average voucher holder contributes $200 towards rent in Hardin.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hardin, Montana for a two-bedroom apartment is between $793 and $969.

2021 Hardin, 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
Hardin, Montana Fair Market Rent $617 $668 $881 $1,096 $1,251
Hardin, Montana Payment Standard Range $555 to $679 $601 to $735 $793 to $969 $986 to $1,206 $1,126 to $1,376

Sourced from federal housing data and AffordableHousingOnline.com research.

Hardin, MT Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 120
Total Housing Units with Rental Assistance 80
Percentage of Housing Units Occupied By Renters 47.96%
Average Renter Household Size 3.93
Average Household Size 3.11
Median Household Income $34,917 ±$6,757
Median Rent $699 ±$68
Percentage Of Renters Overburdened 45.83% ± 18.03pp
Total Population 3,754

Population and Household Demographics

Hardin is a city in Big Horn County, Montana with a population of 3,754. There are 1,174 households in the city with an average household size of 3.11 persons. 47.96% of households in Hardin are renters.

Income and Rent Overburden in Hardin

The median gross income for households in Hardin is $34,917 a year, or $2,910 a month. The median rent for the city is $699 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hardin, a household making less than $2,330 a month would be considered overburdened when renting an apartment at or above the median rent. 45.83% of households who rent are overburdened in Hardin.

Area Median Income In Hardin

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Hardin, the AMI is calculated from all households within Big Horn County.

In Hardin, HUD calculates the Area Median Income for a family of four as $55,300

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 Hardin

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 Hardin

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Hardin AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,000 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Hardin AMI may qualify for rental assistance programs that target Very Low Income households.
$25,000 $28,600 $32,150 $35,700 $38,600 $41,450 $44,300 $47,150
80% AMI Income Limits
Renters earning up to 80% of the Hardin AMI may qualify for rental assistance programs that target Low Income households.
$40,000 $45,700 $51,400 $57,100 $61,700 $66,250 $70,850 $75,400