Affordable Housing In Richland County
7 Low Income Apartment Communities In Richland County
Housing Authorities that serve Richland County
|Richland County Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
|Montana Department of Commerce||Section 8 Housing Choice Voucher (HCV)|
Guide To Affordable Housing in Richland County, Montana
There are 7 low income housing apartment communities offering 196 affordable apartments for rent in Richland County, Montana.
Income Based Apartments in Richland County, Montana
Richland County features 104 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 Richland County, Montana
There are 92 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Richland County.
Housing Choice Vouchers in Richland County, Montana
On average, Section 8 Housing Choice vouchers pay Richland County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Richland County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Richland County, Montana for a two-bedroom apartment is between $864 and $1,056.
2021 Richland 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||$672||$728||$960||$1,194||$1,413|
|Payment Standard Range||$605 to $739||$655 to $801||$864 to $1,056||$1,075 to $1,313||$1,272 to $1,554|
Sourced from federal housing data and AffordableHousingOnline.com research.
Richland County, MT Affordable Housing Snapshot
|Total Affordable Apartment Properties||7|
|Total Low Income Apartments||196|
|Total Housing Units with Rental Assistance||104|
|Percentage of Housing Units Occupied By Renters||35.9%|
|Average Renter Household Size||2.39|
|Average Household Size||2.51|
|Median Household Income||$65,084 ±$4,387|
|Median Rent||$807 ±$84|
|Percentage Of Renters Overburdened||26.72% ± 7.42pp|
Population and Household Demographics
Richland County is a county in Montana with a population of 11,132. There are 4,421 households in the county with an average household size of 2.51 persons. 35.9% of households in Richland County are renters.
Income and Rent Overburden in Richland County
The median gross income for households in Richland County is $65,084 a year, or $5,424 a month. The median rent for the county is $807 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Richland County, a household making less than $2,690 a month would be considered overburdened when renting an apartment at or above the median rent. 26.72% of households who rent are overburdened in Richland County.
Area Median Income In Richland 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 Richland County, HUD calculates the Area Median Income for a family of four as $83,000
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 Richland 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 Richland County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$17,450||$19,950||$22,450||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$29,050||$33,200||$37,350||$41,500||$44,850||$48,150||$51,500||$54,800|
|80% of Median||$46,500||$53,150||$59,800||$66,400||$71,750||$77,050||$82,350||$87,650|
Cities In Richland County
Select A City to View its Apartment Communities and Waiting Lists.
|Crane||The HUD funded Public Housing Agencies that serve Crane are the Richland County Housing Authority and Montana Department of Commerce.|
|Fairview||The HUD funded Public Housing Agencies that serve Fairview are the Richland County Housing Authority and Montana Department of Commerce.|
|Fox Lake||The HUD funded Public Housing Agencies that serve Fox Lake are the Richland County Housing Authority and Montana Department of Commerce.|
|Knife River||The HUD funded Public Housing Agencies that serve Knife River are the Richland County Housing Authority and Montana Department of Commerce.|
|Sidney||The HUD funded Public Housing Agencies that serve Sidney are the Richland County Housing Authority and Montana Department of Commerce.|