Montana

Tax credit apartments in Helena, MT

HUD's database lists 19 properties in Helena built or rehabbed with low-income housing tax credits: 761 apartments, 749 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 Listings come from HUD's database and may be out of date.

Eagle Manor II

720 N Washington St, Helena, MT 59601

5 studio, 39 1BR

Apartments
44
Income-restricted
40
Placed in service
2009

Eagles Manor II

720 N Washington, Helena, MT 59601

5 studio, 39 1BR

Apartments
44
Income-restricted
40
Placed in service
2009

Eagles Manor Residences III

716 N Washington St, Helena, MT 59601

HUD lists it as senior housing · 30 1BR

Apartments
30
Income-restricted
30
Placed in service
2008

East Park Villas

2615 E. Broadway, Helena, MT 59601

HUD lists it as senior housing · 34 1BR, 4 2BR

Apartments
38
Income-restricted
38
Placed in service
1997

Fire Tower Apartments

6 South Park Avenue, Helena, MT 59602

HUD lists it as senior housing · 25 1BR, 19 2BR

Apartments
44
Income-restricted
44
Placed in service
2021

Freedoms Path At Fort Harrison

3687 Veterans Drive, Helena, MT 59636

19 1BR, 23 2BR

Apartments
42
Income-restricted
42
Placed in service
2019

Guardian Apartments

520 Logan St, Helena, MT 59601

HUD lists it as senior housing · 69 studio, 49 1BR

Apartments
118
Income-restricted
118
Placed in service
2015

Penkay Eagles Manor

715 Fee St, Helena, MT 59601

41 studio, 25 1BR

Apartments
66
Income-restricted
62
Placed in service
2005

Pheasant Glen

3440 Ptarmigan Lane, Helena, MT 59602

32 1BR

Apartments
32
Income-restricted
32
Placed in service
2003

Ptarmigan Residences

3400 Ptarmigan Lane, Helena, MT 59601

22 1BR

Apartments
22
Income-restricted
22
Placed in service
2001

Red Alder 9%

1549 Red Alder Loop, Helena, MT 59601

20 1BR, 13 2BR, 4 3BR

Apartments
37
Income-restricted
37
Placed in service
2020

Red Alder Residences 4

2200 Henderson Street, Helena, MT 59601

20 1BR, 18 2BR, 10 3BR

Apartments
48
Income-restricted
48
Placed in service
2021

Region Two Test Site

301 Park Ave, Helena, MT 59602

4 1BR, 4 2BR

Apartments
8
Income-restricted
8
Placed in service
2021

River Rock Residences

3225 Bedrock Drive, Helena, MT 59602

27 1BR, 6 2BR

Apartments
33
Income-restricted
33
Placed in service
2013

Roadrunner Residence

1071 Roadrunner Drive, Helena, MT 59602

6 1BR, 10 2BR

Apartments
16
Income-restricted
16
Placed in service
1999

Shadow Mountain Apartments

2525 Ferndale Lane, Helena, MT 59601

4 1BR, 18 2BR, 14 3BR

Apartments
36
Income-restricted
36
Placed in service
1995

Twin Creek 4

349 Dorothy St, Helena, MT 59601

24 1BR, 16 2BR, 8 3BR

Apartments
48
Income-restricted
48
Placed in service
2025

Twin Creek 9

300 Dorothy St, Helena, MT 59601

14 1BR, 4 3BR, 6 4BR

Apartments
24
Income-restricted
24
Placed in service
2025

Wilder Street Apartments

1607-1631wilder Street, Helena, MT 59601

23 1BR, 8 2BR

Apartments
31
Income-restricted
31
Placed in service
2005

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.