Low Income Apartments and Affordable Housing For Rent in Gallatin County, MT

Discover affordable housing in Gallatin County where there are 33+ 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.

Bridger Peaks Village

1483 N 15th Ave, Bozeman, Montana 59715

Stoneridge Apartments

283 W. Front St, Ste 1, Bozeman, Montana 59718

Gallatin Trails Apartments

101 Jackrabbit Ln, Belgrade, Montana 59714

Castlebar Apartments I & II

1201 N 25th Ave, Bozeman, Montana 59718

Big Sky Villas Apartments

202 W Jefferson, Belgrade, Montana 59714

Bridger Heights

802 N. Grand Ave., Bozeman, Montana 59715

Boulevard Apartments

6 W. Babcock St., Bozeman, Montana 59715

Darlinton Manor

606 N 5th Ave, Bozeman, Montana 59715

Larkspur Commons

1241 N. 12th Ave., Bozeman, Montana 59715

Perennial Park Apartments

1683 Tschache, Bozeman, Montana 59715

Arrowleaf Park Apartments

1619 Tschache Lane, Bozeman, Montana 59715

South Lake Apartments

620 Firehole Ave, West Yellowstone, Montana 59758

Aspen Meadows Apartments

1062 Oak St, Bozeman, Montana 59715

Timberline Apartments

1006 Cardinal Dr, Belgrade, Montana 59714

Bozeman Supportive Housing Spirng Run

1325 N 15th Ave, Bozeman, Montana 59715

Greenwood Plaza

802 N Grand Ave, Bozeman, Montana 59715

Bozeman Senior Housing Summerwood Apartments

1441 N 15th Ave, Bozeman, Montana 59715

Baxter Apartments

2635 Trade Wind Ln, Bozeman, Montana 59718

Cottage City Towers

4142 Bunker Hill Rd, Bridger, Maryland 20722

Bridger Apartments Phase II

689 Professional Dr, Bozeman, Montana 59718

calendar_today Opened: Apr 6
Open Until Further Notice

Reported On February 23rd, 2024 by Madison Shannahan

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Gallatin County, Montana
$24.15/hour
$20.15 (+504%) more than Montana minimum wage and $16.90 (+233%) more than the Federal minimum wage.
Learn More About Gallatin County, Montana Affordable Housing ↓

What HUD offices serve Gallatin County, 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 Gallatin County, Montana.

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

How many renters live in Gallatin County, Montana?

The County of Gallatin County has 124,857 people living in 52,616 households.

There are 41,502 renters living in 19,559 renter households in this County. Renters make up 33.24 percent of the population living in Gallatin County.

What is the rental market like in Gallatin County, Montana?

There are an estimated 53,605 housing units in the Gallatin County area. Of these, 19,756 units are rental homes, making up 37 percent of the housing market. For every renter household in Gallatin County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Gallatin County?

The rental vacancy rate in Gallatin County is 6 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 Gallatin County for each bedroom size?

Occupied Rental Units by Size in Gallatin County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
782 3,093 7,706 5,083 1,570
Occupied Rental Units by Size in Gallatin County

A large number of apartments in Gallatin County 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 Gallatin County are overburdened by housing costs?

Among renter households in this market, 52 percent have housing cost burden. Further, 27 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 Gallatin County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $901 to $2,164. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $901
One BR $999
Two BR $1,275
Three BR $1,797
Four BR $2,164
2024 Fair Market Rents in Gallatin County, Montana

How many units are rented at Fair Market Rent (FMR) in Gallatin County?

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 366 47 percent
One BR 1,594 52 percent
Two BR 3,315 43 percent
Rental Units Below FMR in Gallatin County, Montana

How many affordable rental units are in Gallatin County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,167
Section 8 Project-Based Rental Assistance 237
Section 202 Supportive Housing for the Elderly 36
Section 811 Supportive Housing for Persons with Disabilities 18
USDA Section 515 Rural Rental Housing 84
Tracked Units by Federal Program in Gallatin County, Montana

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

Income Based Apartments in Gallatin County, Montana

Gallatin County features 522 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 Gallatin County, Montana

There are 879 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gallatin County.

Housing Choice Vouchers in Gallatin County, Montana

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Gallatin County, Montana for a two-bedroom apartment is between $1,148 and $1,403.

Sourced from federal housing data and AffordableHousingOnline.com research.