Affordable Housing In Pondera County
1 Low Income Apartment Communities In Pondera County
Housing Authorities that serve Pondera County
|Montana Department of Commerce||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Pondera County, Montana
There are 1 low income housing apartment communities offering 8 affordable apartments for rent in Pondera County, Montana.
Income Based Apartments in Pondera County, Montana
Pondera County features 8 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 Pondera County, Montana
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pondera County.
Housing Choice Vouchers in Pondera County, Montana
On average, Section 8 Housing Choice vouchers pay Pondera County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Pondera County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pondera County, Montana for a two-bedroom apartment is between $661 and $807.
2021 Pondera 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||$636||$734||$1,050||$1,215|
|Payment Standard Range||$463 to $565||$572 to $700||$661 to $807||$945 to $1,155||$1,094 to $1,337|
Sourced from federal housing data and AffordableHousingOnline.com research.
Pondera County, MT Affordable Housing Snapshot
|Total Affordable Apartment Properties||1|
|Total Low Income Apartments||8|
|Total Housing Units with Rental Assistance||8|
|Percentage of Housing Units Occupied By Renters||30.92%|
|Average Renter Household Size||2.44|
|Average Household Size||2.52|
|Median Household Income||$42,264 ±$6,153|
|Median Rent||$545 ±$59|
|Percentage Of Renters Overburdened||23.8% ± 6.65pp|
Population and Household Demographics
Pondera County is a county in Montana with a population of 6,206. There are 2,296 households in the county with an average household size of 2.52 persons. 30.92% of households in Pondera County are renters.
Income and Rent Overburden in Pondera County
The median gross income for households in Pondera County is $42,264 a year, or $3,522 a month. The median rent for the county is $545 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pondera County, a household making less than $1,817 a month would be considered overburdened when renting an apartment at or above the median rent. 23.8% of households who rent are overburdened in Pondera County.
Area Median Income In Pondera 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 Pondera 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 Pondera 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 Pondera 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 Pondera County
Select A City to View its Apartment Communities and Waiting Lists.
|Brady||The HUD funded Public Housing Agency that serves Brady is the Montana Department of Commerce.|
|Conrad||The HUD funded Public Housing Agency that serves Conrad is the Montana Department of Commerce.|
|Dupuyer||The HUD funded Public Housing Agency that serves Dupuyer is the Montana Department of Commerce.|
|Heart Butte||The HUD funded Public Housing Agency that serves Heart Butte is the Montana Department of Commerce.|
|Valier||The HUD funded Public Housing Agency that serves Valier is the Montana Department of Commerce.|