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

Discover affordable housing in Richland County where there are 7+ 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.

Parkview Village

221 5th St SW, Sidney, Montana 59270

Crestwood Inn

410 3rd Ave SW, Sidney, Montana 59270

Fairview Senior Housing II

516 S Central Ave, Fairview, Montana 59221

Sunset Village

1002 5th Street SW, Sidney, Montana 59270

931 Lincoln Ave S

931 Lincoln Ave S, Sidney, Montana 59270

923 Lincoln Ave S

923 Lincoln Ave S, Sidney, Montana 59270

420 8th St SE

420 8th St SE, Sidney, Montana 59270

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 Richland County, Montana
$17.14/hour
$13.14 (+329%) more than Montana minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Richland County, Montana Affordable Housing ↓

What HUD offices serve Richland 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), Public Housing programs for Richland County, Montana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Richland County, Montana.

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

How many renters live in Richland County, Montana?

The County of Richland County has 11,366 people living in 4,529 households.

There are 3,156 renters living in 1,397 renter households in this County. Renters make up 27.77 percent of the population living in Richland County.

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

There are an estimated 5,559 housing units in the Richland County area. Of these, 1,615 units are rental homes, making up 29 percent of the housing market. For every renter household in Richland County, Montana, there are 1 rental units.

What is the vacancy rate for rentals in Richland County?

The rental vacancy rate in Richland County is 11 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 Richland County for each bedroom size?

Occupied Rental Units by Size in Richland County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
86 304 493 303 146
Occupied Rental Units by Size in Richland County

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

Among renter households in this market, 30 percent have housing cost burden. Further, 14 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 Richland County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $658 to $1,536. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $658
One BR $795
Two BR $905
Three BR $1,101
Four BR $1,536
2024 Fair Market Rents in Richland County, Montana

How many units are rented at Fair Market Rent (FMR) in Richland 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 16 19 percent
One BR 178 59 percent
Two BR 260 53 percent
Rental Units Below FMR in Richland County, Montana

How many affordable rental units are in Richland County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 20
Public Housing 48
Section 8 Project-Based Rental Assistance 71
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Richland County, Montana

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

Income Based Apartments in Richland County, Montana

Richland County features 158 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 20 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 $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.