Montana

Tax credit apartments in Billings, MT

HUD's database lists 27 properties in Billings built or rehabbed with low-income housing tax credits: 1,290 apartments, 1,283 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

8th Ave Apts

841 N 17th St, Billings, MT 59101

12 2BR, 10 3BR, 4 4BR

Apartments
26
Income-restricted
26
Placed in service
1996

Acme Hotel

107 North Brodway, Billings, MT 59101

4 studio, 12 1BR, 3 2BR

Apartments
19
Income-restricted
19
Placed in service
2004

Agape Housing

807 S 33rd St, Billings, MT 59101

1 1BR, 4 2BR, 3 3BR, 1 4BR

Apartments
9
Income-restricted
9
Placed in service
1998

Brush Meadow Apartments

1203 Lake Elmo Road, Billings, MT 59101

30 2BR, 30 3BR

Apartments
60
Income-restricted
60
Placed in service
1994

Central Court Village

78 27th St W, Billings, MT 59102

HUD lists it as senior housing · 61 1BR, 20 2BR

Apartments
81
Income-restricted
81
Placed in service
2000

Chapel Court

3940 Rimrock Road, Billings, MT 59102

HUD lists it as senior housing · 56 1BR

Apartments
56
Income-restricted
54
Placed in service
2021

Edgewood Apts

1225 Lake Elmo Road, Billings, MT 59103

3 1BR, 42 2BR, 18 3BR

Apartments
63
Income-restricted
63
Placed in service
1997

Fraser Tower Apts

715 South 28th Street, Billings, MT 59101

HUD lists it as senior housing · 58 1BR, 6 2BR

Apartments
64
Income-restricted
64
Placed in service
2006

Gateway Vista

945 Wyoming Avenue, Billings, MT 59101

11 1BR, 13 2BR

Apartments
24
Income-restricted
24
Placed in service
2018

Heights Centennial Apartments

1512 Lake Elmo Drive, Billings, MT 59105

6 1BR, 3 2BR

Apartments
9
Income-restricted
9
Placed in service
1991

Heights Centennial Apartments II

1526 Lake Elmo Road, Billings, MT 59101

6 1BR, 3 2BR

Apartments
11
Income-restricted
11
Placed in service
1991

Isaiah Housing

South 34th, 30th, 31st St, Billings, MT

3 2BR, 4 3BR, 3 4BR

Apartments
10
Income-restricted
10
Placed in service
2002

Jackson Court

3602 Jackson Street, Billings, MT 59101

20 1BR, 12 2BR, 6 3BR

Apartments
38
Income-restricted
38
Placed in service
2023

Koinonia Apartments - Isaiah

South 34th, 30th,31st St, Billings, MT 59103

3 2BR, 4 3BR, 3 4BR

Apartments
10
Income-restricted
10
Placed in service
2002

Mrm Unified Campus

2822 Minnesota Avenue, Billings, MT 59102

7 studio, 16 1BR, 6 2BR

Apartments
29
Income-restricted
29
Placed in service
2024

Ponderosa Acres

1301 Industrial Ave, Billings, MT 59101

14 studio, 26 1BR, 34 2BR, 46 3BR

Apartments
120
Income-restricted
120
Placed in service
2020

Red Fox Apartments

344 Sioux Lane, Billings, MT 59105

15 1BR, 15 2BR

Apartments
30
Income-restricted
30
Placed in service
2018

Rose Park Plaza

2325 Avenue C, Billings, MT 59102

112 2BR

Apartments
112
Income-restricted
112
Placed in service
2006

Sage Tower

115 North 24th Street, Billings, MT 59101

36 studio, 45 1BR

Apartments
81
Income-restricted
76
Placed in service
2009

Shiloh Glen Apartments

3900 Olympic Blvd., Billings, MT 59102

20 studio, 26 1BR, 56 2BR, 18 3BR

Apartments
120
Income-restricted
120
Placed in service
1994

South Forty Rehab Apartments

769 Fallon Ln, Billings, MT 59102

HUD lists it as senior housing · 100 1BR, 1 2BR

Apartments
101
Income-restricted
101
Placed in service
2023

Southern Lights

801 South 28th St, Billings, MT 59101

5 1BR, 9 2BR, 4 3BR, 2 4BR

Apartments
20
Income-restricted
20
Placed in service
2007

Starner Gardens 4 Apartments

230 Starner Lane, Billings, MT 59105

HUD lists it as senior housing · 69 1BR, 32 2BR

Apartments
101
Income-restricted
101
Placed in service
2020

Starner Gardens Apartments 9

311 Starner Lane, Billings, MT 59105

HUD lists it as senior housing · 32 1BR, 3 2BR

Apartments
35
Income-restricted
35
Placed in service
2019

Tapestry Apartments

115 S 30th Street, Billings, MT 59102

6 studio, 13 1BR, 8 2BR

Apartments
27
Income-restricted
27
Placed in service
2024

Westchester Duplex

1454-1456 Westchester Sq West, Billings, MT 59105

2 4BR

Apartments
2
Income-restricted
2
Placed in service
1998

Whitetail Run Apartments

335 - 349 Sioux Lane, Billings, MT 59101

20 2BR, 10 3BR, 2 4BR

Apartments
32
Income-restricted
32
Placed in service
2011

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.