Low Income (LIHTC)Waitlist Open

Centennial Apts

208 N 23rd St Apt 5, Billings, MT, 59101

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

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About This Property

Centennial Apts contains 9 low-income units in Billings, MT and is funded through a 9% Low-Income Housing Tax Credit (LIHTC) program. The property serves residents in Yellowstone County and operates under affordable housing restrictions. For more information about availability or residency requirements, interested parties can contact the property management.

Waitlist Information

Waitlist managed by Housing Authority of Billings

Public Housing Waitlist

Open

Apply: Multiple

HomeFront has a preference for homeless applicants; eligibility is based on annual gross income, age or disability status, and US citizenship or eligible immigration.

Last verified February 13, 2026

Section 8 (HCV) Waitlist

Open

Opened October 20, 2022

Apply: Online

Applicants must qualify under HUD income limits and other program eligibility criteria; participants pay approximately 30% of their adjusted gross monthly income for rent and utilities.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Fair Market Rent - Yellowstone 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	$837
1 Bedroom	$874
2 Bedroom	$1,148
3 Bedroom	$1,583
4 Bedroom	$1,778

Income Limits - Yellowstone County, MT

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

1 Person

Extremely Low (30%): $16,800
Very Low (50%): $28,000
Low (80%): $44,800

2 Persons

Extremely Low (30%): $19,200
Very Low (50%): $32,000
Low (80%): $51,200

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $36,000
Low (80%): $57,600

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $40,000
Low (80%): $64,000

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $43,200
Low (80%): $69,150

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $46,400
Low (80%): $74,250

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $49,600
Low (80%): $79,400

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $52,800
Low (80%): $84,500

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,800	$28,000	$44,800
2 Persons	$19,200	$32,000	$51,200
3 Persons	$21,960	$36,000	$57,600
4 Persons	$26,500	$40,000	$64,000
5 Persons	$31,040	$43,200	$69,150
6 Persons	$35,580	$46,400	$74,250
7 Persons	$40,120	$49,600	$79,400
8 Persons	$44,660	$52,800	$84,500

Tax Credit Program Details

Year Placed in Service

8888

LIHTC Credit Type

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Yellowstone County, MT is: $837 (Studio), $874 (1BR), $1148 (2BR), $1583 (3BR), $1778 (4BR). Actual rent at subsidized properties like Centennial Apts is typically 30% of household income or less.

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

For a 4-person household in Yellowstone County, MT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,000, Low Income (80% AMI): $64,000. These limits are set by HUD and updated annually.

How do I apply for housing at Centennial Apts?+

Centennial Apts 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.

Who manages Centennial Apts?+

Centennial Apts is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Centennial Apts?+

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

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