What HUD offices serve Medicine Lake, 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.
Go to the Montana Public Housing and Low-Income Apartments Waiting Lists page for openings near Medicine Lake.
How many renters live in Medicine Lake, Montana?
The City of Medicine Lake has people living in households.
There are renters living in renter households in this City. Renters make up 30.58 percent of the population living in Medicine Lake.
What is the rental market like in Medicine Lake, Montana?
There are an estimated housing units in the Medicine Lake area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Medicine Lake, Montana, there are 1.14 rental units.
What is the vacancy rate for rentals in Medicine Lake?
The rental vacancy rate in Medicine Lake is 12 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 Medicine Lake for each bedroom size?
Occupied Rental Units by Size in Medicine Lake
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 13 | 4 | 18 | 2 |
Occupied Rental Units by Size in Medicine Lake
A large number of apartments in Medicine Lake have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Medicine Lake?
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 |
| One BR | 8 | 62 percent |
| Two BR | 2 | 50 percent |
Rental Units Below FMR in Medicine Lake, Montana
How many affordable rental units are in Medicine Lake?
There are a variety of federal affordable housing programs serving households in Medicine Lake, Montana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in Medicine Lake, Montana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Medicine Lake, Montana
Medicine Lake features 0 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 Medicine Lake, Montana
There are 4 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Medicine Lake.
Housing Choice Vouchers in Medicine Lake, Montana
On average, Section 8 Housing Choice vouchers pay Medicine Lake landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Medicine Lake.
The maximum amount a voucher would pay on behalf of a low-income tenant in Medicine Lake, Montana for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.