What HUD offices serve Pablo, 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 Pablo.
How many renters live in Pablo, Montana?
The City of Pablo has people living in households.
There are renters living in renter households in this City. Renters make up 37.74 percent of the population living in Pablo.
What is the rental market like in Pablo, Montana?
There are an estimated housing units in the Pablo area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Pablo, Montana, there are 1.18 rental units.
What is the vacancy rate for rentals in Pablo?
The rental vacancy rate in Pablo is 8 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 Pablo for each bedroom size?
Occupied Rental Units by Size in Pablo
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 9 | 125 | 69 | 9 |
Occupied Rental Units by Size in Pablo
A large number of apartments in Pablo have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Pablo
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $633 to $1,244. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $633 |
| One BR | $743 |
| Two BR | $934 |
| Three BR | $1,175 |
| Four BR | $1,244 |
2024 Fair Market Rents in Pablo, Montana
How many units are rented at Fair Market Rent (FMR) in Pablo?
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 | 9 | 100 percent |
| Two BR | 111 | 89 percent |
Rental Units Below FMR in Pablo, Montana
How many affordable rental units are in Pablo?
There are a variety of federal affordable housing programs serving households in Pablo, Montana including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Pablo, Montana
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Pablo, Montana
Pablo features 12 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 Pablo, Montana
There are 68 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pablo.
Housing Choice Vouchers in Pablo, Montana
On average, Section 8 Housing Choice vouchers pay Pablo landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Pablo.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pablo, Montana for a two-bedroom apartment is between $841 and $1,027.
Sourced from federal housing data and AffordableHousingOnline.com research.