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Affordable Housing In Mineral County

5 Low Income Apartment Communities In Mineral County

Superior Commons

306 2nd Ave E
Superior, Montana

Cottages at Edna Court

301 Main St
Superior, Montana

Eagle Apartments

901 4th Ave
Superior, Montana

Riverside Apartments

310 Riverside East
Superior, Montana
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Housing Authorities that serve Mineral County

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

Guide To Affordable Housing in Mineral County, Montana

There are 5 low income housing apartment communities offering 88 affordable apartments for rent in Mineral County, Montana.

Income Based Apartments in Mineral County, Montana

Mineral County features 32 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 Mineral County, Montana

There are 56 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mineral County.

Housing Choice Vouchers in Mineral County, Montana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Mineral County, Montana for a two-bedroom apartment is between $661 and $807.

2021 Mineral 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 $514 $644 $734 $1,050 $1,150
Payment Standard Range $463 to $565 $580 to $708 $661 to $807 $945 to $1,155 $1,035 to $1,265

Sourced from federal housing data and research.

Mineral County, MT Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 88
Total Housing Units with Rental Assistance 32
Percentage of Housing Units Occupied By Renters 27.45%
Average Renter Household Size 2.80
Average Household Size 2.67
Median Household Income $36,031 ±$4,563
Median Rent $535 ±$36
Percentage Of Renters Overburdened 44.52% ± 11.77pp
Total Population 4,238

Population and Household Demographics

Mineral County is a county in Montana with a population of 4,238. There are 1,563 households in the county with an average household size of 2.67 persons. 27.45% of households in Mineral County are renters.

Income and Rent Overburden in Mineral County

The median gross income for households in Mineral County is $36,031 a year, or $3,003 a month. The median rent for the county is $535 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mineral County, a household making less than $1,783 a month would be considered overburdened when renting an apartment at or above the median rent. 44.52% of households who rent are overburdened in Mineral County.

Area Median Income In Mineral 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 Mineral County, HUD calculates the Area Median Income for a family of four as $58,400

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 Mineral 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 Mineral 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 Mineral County

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

City Served By
Alberton The HUD funded Public Housing Agency that serves Alberton is the Montana Department of Commerce.
De Borgia The HUD funded Public Housing Agency that serves De Borgia is the Montana Department of Commerce.
Riverbend The HUD funded Public Housing Agency that serves Riverbend is the Montana Department of Commerce.
St. Regis The HUD funded Public Housing Agency that serves St. Regis is the Montana Department of Commerce.
Superior The HUD funded Public Housing Agency that serves Superior is the Montana Department of Commerce.