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Affordable Housing In Lake County
Montana

26 Low Income Apartment Communities In Lake County

Sunny Slope Vista Apartments

820 11th St E
Polson, Montana
Call For Rent
1-2 BR
Subsidized
55+

Polson Landing Apartments

402 Ridgewater Drive
Polson, Montana
$610
2 BR

Boettcher Terrace 2 & 3

809 10th Ave E
Polson, Montana
Call For Rent
1-3 BR
Subsidized

Lakeview Village

201 4th Ave E
Polson, Montana
Subsidized

Lake View Villa

312 11th Ave W
Polson, Montana
Subsidized

Cherry Hill Village

900 Cherry Hill Ct
Polson, Montana
Subsidized
62+

Ronan - Maxwell Senior Apartments

411 1st Ave SW
Ronan, Montana

Maxwell Senior Apartments St Ignatius

225 N Main St
St Ignatius, Montana

Acre Lawn Apartments I

217 11th Ave NW
Ronan, Montana

Main Street H and G Apartments

207 Main St SW
Ronan, Montana

Housing Authorities that serve Lake County

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

Guide To Affordable Housing in Lake County, Montana

There are 26 low income housing apartment communities offering 460 affordable apartments for rent in Lake County, Montana.

Income Based Apartments in Lake County, Montana

Lake County features 169 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 Lake County, Montana

There are 291 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lake County.

Housing Choice Vouchers in Lake County, Montana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lake County, Montana for a two-bedroom apartment is between $761 and $931.

2021 Lake 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 $558 $656 $846 $1,069 $1,177
Payment Standard Range $502 to $614 $590 to $722 $761 to $931 $962 to $1,176 $1,059 to $1,295

Sourced from federal housing data and AffordableHousingOnline.com research.

Lake County, MT Affordable Housing Snapshot

Total Affordable Apartment Properties 26
Total Low Income Apartments 460
Total Housing Units with Rental Assistance 169
Percentage of Housing Units Occupied By Renters 30.5%
Average Renter Household Size 2.52
Average Household Size 2.38
Median Household Income $38,732 ±$2,206
Median Rent $626 ±$32
Percentage Of Renters Overburdened 33.42% ± 4.22pp
Total Population 29,157

Population and Household Demographics

Lake County is a county in Montana with a population of 29,157. There are 11,978 households in the county with an average household size of 2.38 persons. 30.5% of households in Lake County are renters.

Income and Rent Overburden in Lake County

The median gross income for households in Lake County is $38,732 a year, or $3,228 a month. The median rent for the county is $626 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lake County, a household making less than $2,087 a month would be considered overburdened when renting an apartment at or above the median rent. 33.42% of households who rent are overburdened in Lake County.

Area Median Income In Lake 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 Lake County, HUD calculates the Area Median Income for a family of four as $58,300

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 Lake 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 Lake County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,000 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $25,000 $28,600 $32,150 $35,700 $38,600 $41,450 $44,300 $47,150
80% of Median $40,000 $45,700 $51,400 $57,100 $61,700 $66,250 $70,850 $75,400

Cities In Lake County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Arlee The HUD funded Public Housing Agency that serves Arlee is the Montana Department of Commerce.
Bear Dance The HUD funded Public Housing Agency that serves Bear Dance is the Montana Department of Commerce.
Big Arm The HUD funded Public Housing Agency that serves Big Arm is the Montana Department of Commerce.
Charlo The HUD funded Public Housing Agency that serves Charlo is the Montana Department of Commerce.
Dayton The HUD funded Public Housing Agency that serves Dayton is the Montana Department of Commerce.
Elmo The HUD funded Public Housing Agency that serves Elmo is the Montana Department of Commerce.
Finley Point The HUD funded Public Housing Agency that serves Finley Point is the Montana Department of Commerce.
Jette The HUD funded Public Housing Agency that serves Jette is the Montana Department of Commerce.
Kerr The HUD funded Public Housing Agency that serves Kerr is the Montana Department of Commerce.
Kicking Horse The HUD funded Public Housing Agency that serves Kicking Horse is the Montana Department of Commerce.
Kings Point The HUD funded Public Housing Agency that serves Kings Point is the Montana Department of Commerce.
Lake Mary Ronan The HUD funded Public Housing Agency that serves Lake Mary Ronan is the Montana Department of Commerce.
Lindisfarne The HUD funded Public Housing Agency that serves Lindisfarne is the Montana Department of Commerce.
Pablo The HUD funded Public Housing Agency that serves Pablo is the Montana Department of Commerce.
Polson The HUD funded Public Housing Agency that serves Polson is the Montana Department of Commerce.
Ravalli The HUD funded Public Housing Agency that serves Ravalli is the Montana Department of Commerce.
Rocky Point The HUD funded Public Housing Agency that serves Rocky Point is the Montana Department of Commerce.
Rollins The HUD funded Public Housing Agency that serves Rollins is the Montana Department of Commerce.
Ronan The HUD funded Public Housing Agencies that serve Ronan are the City of Ronan Housing Authority and Montana Department of Commerce.
St Ignatius The HUD funded Public Housing Agency that serves St Ignatius is the Montana Department of Commerce.
St. Ignatius The HUD funded Public Housing Agency that serves St. Ignatius is the Montana Department of Commerce.
Swan Lake The HUD funded Public Housing Agency that serves Swan Lake is the Montana Department of Commerce.
Turtle Lake The HUD funded Public Housing Agency that serves Turtle Lake is the Montana Department of Commerce.
Woods Bay The HUD funded Public Housing Agency that serves Woods Bay is the Montana Department of Commerce.