Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Franklin School Apartments

820 1st Ave SW, Great Falls, MT, 59404

Information verified May 9, 2026ยทWe re-check waiting list status daily

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About This Property

Franklin School Apartments comprises 40 three-bedroom units serving low-income households in Great Falls, Montana. The property has been in service since 2009 and operates in Cascade County. All 40 units are designated as affordable housing.

Waitlist Information

Waitlist managed by Great Falls Housing Authority

Public Housing Waitlist
Closed

The Public Housing waiting list is currently closed. Information regarding future openings is not available on this page.

Last verified April 10, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher (HCV) waiting list is currently closed. Information regarding future openings is not available on this page.

Last verified April 10, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
40
3 Bedroom
40

Fair Market Rent - Cascade County, MT

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$708
1 Bedroom$745
2 Bedroom$979
3 Bedroom$1,380
4 Bedroom$1,560

Income Limits - Cascade County, MT

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,950
Very Low (50%)
$24,850
Low (80%)
$39,800
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$28,400
Low (80%)
$45,450
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$31,950
Low (80%)
$51,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$35,500
Low (80%)
$56,800
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$38,350
Low (80%)
$61,350
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$41,200
Low (80%)
$65,900
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$44,050
Low (80%)
$70,450
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$46,900
Low (80%)
$75,000

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Tax Credit Program Details

Year Placed in Service
2009
LIHTC Credit Type
3
Low-Income Units
40 / 40
Target Population
UNSPECIFIED
Funding Programs
TCEP

Frequently Asked Questions

What is the average rent for affordable housing in Great Falls, MT?+

The Fair Market Rent (FMR) for Cascade County, MT is: $708 (Studio), $745 (1BR), $979 (2BR), $1380 (3BR), $1560 (4BR). Actual rent at subsidized properties like Franklin School Apartments is typically 30% of household income or less.

What size apartments are available at Franklin School Apartments?+

Franklin School Apartments offers the following unit types: 40 Three-Bedroom units, for a total of 40 units.

Who is eligible to live at Franklin School Apartments?+

Franklin School Apartments primarily serves UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Franklin School Apartments?+

Franklin School Apartments is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Great Falls, MT?+

Based on Fair Market Rent for Cascade County, the estimated price range is: 3-bedroom: $1380. Actual rent at Franklin School Apartments may be lower for income-eligible households.

How do I apply for housing at Franklin School Apartments?+

Franklin School Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Is there a waitlist for Franklin School Apartments?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What are the income limits for affordable housing in Cascade County, MT?+

For a 4-person household in Cascade County, MT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,500, Low Income (80% AMI): $56,800. These limits are set by HUD and updated annually.

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Walk Score

Somewhat Walkable

65
Walk
47
Bike

Nearby Schools

PK,KG,1,2,3,4,5,6
9,10,11,12

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Cascade County, MT

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Housing Resources in Great Falls, MT

HUD-Approved Counseling Agencies

MONTANA HOMEOWNERSHIP NETWORK DBA NEIGHBORWORKS MONTANA

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

NEIGHBORWORKS GREAT FALLS

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

RURAL DYNAMICS, INC. DBA CCCS OF MT

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingFinancial Management/Budget Counseling