Low Income Apartments and Affordable Housing For Rent in Missoula, MT (2024)

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Discover affordable housing in Missoula where there are 59+ 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.

Creekside Apartments

1405 E Broadway St, Missoula, Montana 59802

bedStudio-3

payment$680-1050/mo.

Sentinel Village Apartments

1111 McDonald Ave #411 , Missoula, Montana 59801

bed1-3

accessibilityAccessible

River Ridge Apartments

2840 Santa Fe Ct, Missoula, Montana 59808

bed1-2

switch_access_shortcutShort Wait

paymentSubsidized

real_estate_agentAccepts Vouchers

paymentIncome Based

accessibilityAccessible

Council Groves Apartments

1904 S 3rd St W, Missoula, Montana 59801

bed1-4

Sweetgrass Commons Apartments

1137 Montana St, Missoula, Montana 59801

bedStudio-3

Phillips Apartments

1805 Phillips St, Missoula, Montana 59802

bed1

Orchard Gardens

210 N Grove St, Missoula, Montana 0

bed1-3

Lenox Flats

307 Woody St, Missoula, Montana 59802

bedStudio-2

Gold Dust Apartments

330 N 1st St W, Missoula, Montana 59801

bedStudio-3

Fireweed Court

1437 S 1st St W, Missoula, Montana 59801

bed2-3

Equinox Apartments

1515 Liberty Ln, Missoula, Montana 59808

bedStudio-2

Garden District

220 S. Catlin, Missoula, Montana 59801

Aspen Place Apartments

2550 Great Northern Avenue, Missoula, Montana 59808

bed1-2

Pullman Court Apartments

101 Pullman Ct, Missoula, Montana 59802

2500 Great Northern Ave, Missoula, Montana 59808

Silvercrest Missoula

1550 S 2nd St W, Missoula, Montana 59801

Bruce Blattner Apartments

1225 W Broadway St, Missoula, Montana 59802

Missoula Manor Homes

909 W Central Ave, Missoula, Montana 59801

Clark Fork Riverside

301 W Front St, Missoula, Montana 59802

How To Identify Affordable Housing in Missoula, Montana

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

BadgeDescription

switch_access_shortcutShort Wait

Low income apartments with no or short waiting lists.

paymentSubsidized

Low income housing where the rent is subsidized and the renter pays only a portion of total rent.

real_estate_agentAccepts Vouchers

Apartments that accept Section 8 vouchers near you

elderlySenior

Rental housing for seniors who are 55 (or sometimes 62) and older.

paymentIncome Based

Affordable apartments where the rent paid is based on renter income.

accessibilityAccessible

Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.

accessible_forwardDisability

Apartments for individuals or families with disabilities.

Back to rentals ↑

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InMissoula, Montana

$22.78/hour

$18.78

(+470%) more thanMontana minimum wage and

$15.53

(+214%) more than the Federal minimum wage.

Learn More About Missoula, Montana AffordableHousing ↓

What HUD offices serve Missoula, Montana?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Missoula Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Missoula, Montana.

Montana Department of Commerce

Operates the Section 8 Housing Choice Voucher (HCV) programs for Missoula, Montana.

Go to theMontanaPublic Housing and Low-Income Apartments Waiting Lists page for openings near Missoula.

How many renters live in Missoula, Montana?

The City of Missoula has 76,960people living in 35,840 households.

There are 33,926 renters living in19,152 renter households in thisCity. Renters make up 44.08percent of the population living in Missoula.

What is the rental market like in Missoula, Montana?

There are an estimated 35,293 housing units in theMissoula area. Of these, 18,444 units are rentalhomes, making up 52 percent of the housing market. Forevery renter household in Missoula, Montana, there are1 rental units.

What is the vacancy rate for rentals in Missoula?

The rental vacancy rate in Missoula is 4 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Missoula for each bedroom size?

Occupied Rental Units by Size in Missoula
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms
2,1545,5978,5912,165388

Occupied Rental Units by Size in Missoula

A large number of apartments in Missoula have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How many renter households in Missoula are overburdened by housing costs?

Among renter households in this market, 47percent havehousing cost burden. Further, 17percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.

The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Missoula

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $845 to $2,041. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
Studio$845
One BR$988
Two BR$1,203
Three BR$1,695
Four BR$2,041

2024 Fair Market Rents in Missoula, Montana

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

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch 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 SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio1,64476 percent
One BR3,43061 percent
Two BR4,15848 percent

Rental Units Below FMR in Missoula, Montana

How many affordable rental units are in Missoula?

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

Federal ProgramUnit Count
Low Income Housing Tax Credit958
Section 8 Project-Based Rental Assistance430
Mod Rehab Project-Based Rental Assistance34
Section 202 Supportive Housing for the Elderly90
Section 811 Supportive Housing for Persons with Disabilities32
USDA Section 515 Rural Rental Housing44
Tracked Units by Federal Program in Missoula, Montana

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

Income Based Apartments in Missoula, Montana

Missoula features 772 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Missoula, Montana

There are 932 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Missoula.

Housing Choice Vouchers in Missoula, Montana

On average, Section 8 Housing Choice vouchers pay Missoula landlords$600 per month towards rent. The average voucher holdercontributes $300 towards rent inMissoula.

The maximum amount a voucher would pay on behalf of a low-income tenant in Missoula, Montana fora two-bedroom apartment is between $1,083 and $1,323.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Report unemployment income to your housing agency.

All employment income is required to be reported for federal housing assistance - including unemployment income.

What Renters Say About Us

Shirley Toran says:

"Affordable Housing Online is very good at keeping me informed on new and future dates for waiting list applications."

Low Income Apartments and Affordable Housing For Rent in Missoula, MT (2024)
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