StayRentalsStayRentals

Affordable apartments in Billings, Montana

25 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

22 lihtc3 section 8

Buildings

SHILOH GLEN APARTMENTS

LIHTC
3900 OLYMPIC BLVD., BILLINGS, MT, 59102
Income-restricted units
120 of 120
Year placed in service
1994
Bedroom mix
20 studio · 26 1BR · 56 2BR · 18 3BR

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

ROSE PARK PLAZA

LIHTC
2325 AVENUE C, BILLINGS, MT, 59102
Income-restricted units
112 of 112
Year placed in service
2006
Bedroom mix
112 2BR

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

SOUTH FORTY

LIHTC
769 FALLOW LN, BILLINGS, MT, 59102
Income-restricted units
101 of 101
Year placed in service
2008
Bedroom mix
100 1BR · 1 2BR

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

SOUTH FORTY APTS

Section 8
769 FALLOW LN, Billings, MT, 59102
Income-restricted units
100 of 101
Year placed in service
Not reported

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

SAGE TOWER

Section 8
115 N 24TH ST, Billings, MT, 59101
Income-restricted units
81 of 81
Year placed in service
Not reported

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

BIG SKY APTS

Section 8
707 N 19th St, Billings, MT, 59101
Income-restricted units
80 of 80
Year placed in service
Not reported

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

CENTRAL COURT VILLAGE

LIHTC
78 27TH ST W, BILLINGS, MT, 59102
Income-restricted units
80 of 81
Year placed in service
2000
Bedroom mix
61 1BR · 20 2BR

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

SAGE TOWER

LIHTC
115 NORTH 24TH STREET, BILLINGS, MT, 59101
Income-restricted units
76 of 81
Year placed in service
2009
Bedroom mix
37 studio · 44 1BR

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

FRASER TOWER APTS

LIHTC
715 SOUTH 28TH STREET, BILLINGS, MT, 59101
Income-restricted units
64 of 64
Year placed in service
2006
Bedroom mix
58 1BR · 6 2BR

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

EDGEWOOD APTS

LIHTC
1225 LAKE ELMO ROAD, BILLINGS, MT, 59103
Income-restricted units
63 of 63
Year placed in service
1997
Bedroom mix
3 1BR · 42 2BR · 18 3BR

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

BRUSH MEADOW APARTMENTS

LIHTC
1203 LAKE ELMO ROAD, BILLINGS, MT, 59101
Income-restricted units
60 of 60
Year placed in service
1994
Bedroom mix
30 2BR · 30 3BR

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

STARNER GARDENS APARTMENTS 9

LIHTC
311 STARNER LANE, BILLINGS, MT, 59105
Income-restricted units
35 of 35
Year placed in service
2019
Bedroom mix
32 1BR · 3 2BR

Estimated total housing cost: $1,064 rent + $111 utilities = $1,175/mo

Contact property management for current availability. Waitlists may apply.

Showing 12 of 25. Open any pin on the map below for the rest.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in Montana

Residential electricity in Montana runs about 13.43¢/kWh, with a typical monthly residential electric bill near $111. Natural gas runs about $10.60/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Billings, MT

Metro-level
BedroomsLocal FMRNational median
Studio$904n/a
1 bedroom$1,011n/a
2 bedroom$1,064$1,502
3 bedroom$1,383n/a
4 bedroom$1,596n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Yellowstone County, MT

Billings, MT. FY2025. Area median income: $97,100.

Household size30% AMI50% AMI80% AMI
1 person$20,450$34,000$54,400
2 people$23,350$38,850$62,200
3 people$26,650$43,700$69,950
4 people$32,150$48,550$77,700
5 people$37,650$52,450$83,950
6 people$43,150$56,350$90,150
7 people$48,650$60,250$96,350
8 people$54,150$64,100$102,600

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Montana cities

See all affordable-rental cities in Montana

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Billings cost-of-living and Fair Market Rent overview