About This Property
Farmhouse Apts III consists of 12 one-bedroom units in Belgrade, Montana and has been in service since 2000. The property provides affordable housing designated for low-income residents, including those with disabilities. All 12 units are affordable apartments within this Gallatin County community.
Property Details
Fair Market Rent - Gallatin County, MT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $901 |
| 1 Bedroom | $999 |
| 2 Bedroom | $1,275 |
| 3 Bedroom | $1,797 |
| 4 Bedroom | $2,164 |
Income Limits - Gallatin County, MT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,700
- Very Low (50%)
- $31,150
- Low (80%)
- $49,800
- Extremely Low (30%)
- $21,350
- Very Low (50%)
- $35,600
- Low (80%)
- $56,900
- Extremely Low (30%)
- $24,000
- Very Low (50%)
- $40,050
- Low (80%)
- $64,000
- Extremely Low (30%)
- $26,650
- Very Low (50%)
- $44,450
- Low (80%)
- $71,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,050
- Low (80%)
- $76,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,600
- Low (80%)
- $82,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,150
- Low (80%)
- $88,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,700
- Low (80%)
- $93,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,700 | $31,150 | $49,800 |
| 2 Persons | $21,350 | $35,600 | $56,900 |
| 3 Persons | $24,000 | $40,050 | $64,000 |
| 4 Persons | $26,650 | $44,450 | $71,100 |
| 5 Persons | $31,040 | $48,050 | $76,800 |
| 6 Persons | $35,580 | $51,600 | $82,500 |
| 7 Persons | $40,120 | $55,150 | $88,200 |
| 8 Persons | $44,660 | $58,700 | $93,900 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Belgrade, MT?+
The Fair Market Rent (FMR) for Gallatin County, MT is: $901 (Studio), $999 (1BR), $1275 (2BR), $1797 (3BR), $2164 (4BR). Actual rent at subsidized properties like Farmhouse Apts Iii is typically 30% of household income or less.
What size apartments are available at Farmhouse Apts Iii?+
Farmhouse Apts Iii offers the following unit types: 12 One-Bedroom units, for a total of 12 units.
What are the income limits for affordable housing in Gallatin County, MT?+
For a 4-person household in Gallatin County, MT, the income limits are: Extremely Low Income (30% AMI): $26,650, Very Low Income (50% AMI): $44,450, Low Income (80% AMI): $71,100. These limits are set by HUD and updated annually.
Who is eligible to live at Farmhouse Apts Iii?+
Farmhouse Apts Iii primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Farmhouse Apts Iii?+
Farmhouse Apts Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Who manages Farmhouse Apts Iii?+
Farmhouse Apts Iii is managed by . You can reach them at .
What is the price range for apartments in Belgrade, MT?+
Based on Fair Market Rent for Gallatin County, the estimated price range is: 1-bedroom: $999. Actual rent at Farmhouse Apts Iii may be lower for income-eligible households.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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