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Affordable apartments in Helena, Montana

11 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.

11 lihtc

Buildings

PENKAY EAGLES MANOR

LIHTC
715 FEE ST, HELENA, MT, 59601
Income-restricted units
62 of 66
Year placed in service
2005
Bedroom mix
41 studio · 25 1BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

EAGLE MANOR II

LIHTC
720 N WASHINGTON ST, HELENA, MT, 59601
Income-restricted units
40 of 44
Year placed in service
2009
Bedroom mix
5 studio · 39 1BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

EAGLES MANOR II

LIHTC
720 N WASHINGTON, HELENA, MT, 59601
Income-restricted units
40 of 44
Year placed in service
2009
Bedroom mix
5 studio · 39 1BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

EAST PARK VILLAS

LIHTC
2615 E. BROADWAY, HELENA, MT, 59601
Income-restricted units
38 of 38
Year placed in service
1997
Bedroom mix
34 1BR · 4 2BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

SHADOW MOUNTAIN APARTMENTS

LIHTC
2,525,252,725,292,530, HELENA, MT, 59601
Income-restricted units
36 of 36
Year placed in service
1995
Bedroom mix
4 1BR · 18 2BR · 14 3BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

PHEASANT GLEN

LIHTC
3440 PTARMIGAN LANE, HELENA, MT, 59602
Income-restricted units
32 of 32
Year placed in service
2003
Bedroom mix
32 1BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

WILDER STREET APARTMENTS

LIHTC
1607-1631WILDER STREET, HELENA, MT, 59601
Income-restricted units
31 of 31
Year placed in service
2005
Bedroom mix
23 1BR · 8 2BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

EAGLES MANOR RESIDENCES III

LIHTC
716 N WASHINGTON ST, HELENA, MT, 59601
Income-restricted units
30 of 30
Year placed in service
2008
Bedroom mix
30 1BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

PTARMIGAN RESIDENCES

LIHTC
3400 PTARMIGAN LANE, HELENA, MT, 59601
Income-restricted units
22 of 22
Year placed in service
2001
Bedroom mix
22 1BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

ROADRUNNER RESIDENCE

LIHTC
1071 AND 1075 ROADRUNNER DRIVE, HELENA, MT, 59601
Income-restricted units
16 of 16
Year placed in service
1999
Bedroom mix
6 1BR · 10 2BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

GUARDIAN APARTMENTS

LIHTC
520 LOGAN ST, HELENA, MT, 59601
Income-restricted units
0 of 118
Year placed in service
2015
Bedroom mix
69 studio · 49 1BR

Estimated total housing cost: $1,640 rent + $111 utilities = $1,751/mo

Contact property management for current availability. Waitlists may apply.

Map

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

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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 59601

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$1,130n/a
1 bedroom$1,310n/a
2 bedroom$1,640$1,502
3 bedroom$2,240n/a
4 bedroom$2,490n/a

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

HUD income limits : Lewis and Clark County, MT

Helena, MT. FY2025. Area median income: $107,000.

Household size30% AMI50% AMI80% AMI
1 person$22,500$37,450$59,950
2 people$25,700$42,800$68,500
3 people$28,900$48,150$77,050
4 people$32,150$53,500$85,600
5 people$37,650$57,800$92,450
6 people$43,150$62,100$99,300
7 people$48,650$66,350$106,150
8 people$54,150$70,650$113,000

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: Helena cost-of-living and Fair Market Rent overview