Low Income Apartments and Affordable Housing For Rent in Miles City, MT

Discover affordable housing in Miles City where there are 5+ 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.

Cornerstone

2007 Clark St, Miles City, Montana 59301

Miles City Eagles Manor

1000 Palmer St, Miles City, Montana 59301

Custer Villa

210 Arrowhead Dr, Miles City, Montana 59301

Custer Village CO Hda Management

10 Ponderosa Dr, Miles City, Montana 59301

Hom96milescity

813 Main St, Miles City, Montana 59301

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Miles City, Montana
$19.77/hour
$15.77 (+394%) more than Montana minimum wage and $12.52 (+173%) more than the Federal minimum wage.
Learn More About Miles City, Montana Affordable Housing ↓

What HUD offices serve Miles City, 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 Miles City, Montana.

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

How many renters live in Miles City, Montana?

The City of Miles City has 8,432 people living in 3,627 households.

There are 2,703 renters living in 1,410 renter households in this City. Renters make up 32.06 percent of the population living in Miles City.

What is the rental market like in Miles City, Montana?

There are an estimated 4,075 housing units in the Miles City area. Of these, 1,479 units are rental homes, making up 36 percent of the housing market. For every renter household in Miles City, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Miles City?

The rental vacancy rate in Miles City is 5 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 Miles City for each bedroom size?

Occupied Rental Units by Size in Miles City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
85 394 502 247 155
Occupied Rental Units by Size in Miles City

A large number of apartments in Miles City 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 Miles City are overburdened by housing costs?

Among renter households in this market, 33 percent have housing cost burden. Further, 21 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 Miles City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $708 to $1,458. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $708
One BR $795
Two BR $1,044
Three BR $1,453
Four BR $1,458
2024 Fair Market Rents in Miles City, Montana

How many units are rented at Fair Market Rent (FMR) in Miles City?

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 25 29 percent
One BR 283 72 percent
Two BR 283 56 percent
Rental Units Below FMR in Miles City, Montana

How many affordable rental units are in Miles City?

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

Federal Program Unit Count
Low Income Housing Tax Credit 53
Section 8 Project-Based Rental Assistance 65
USDA Section 515 Rural Rental Housing 38
Tracked Units by Federal Program in Miles City, Montana

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

Income Based Apartments in Miles City, Montana

Miles City features 110 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 Miles City, Montana

There are 6 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Miles City.

Housing Choice Vouchers in Miles City, Montana

On average, Section 8 Housing Choice vouchers pay Miles City landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Miles City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Miles City, Montana for a two-bedroom apartment is between $940 and $1,148.

Sourced from federal housing data and AffordableHousingOnline.com research.