Lake Apartments — Income-Restricted Housing in Medicine Lake, MT 59247

116 Main Street, Medicine Lake, MT 59247

Tax credit

4 units · 1–2 BR

Directions

How to apply

  1. No phone is listed. Try visiting the property or asking the city housing office how to apply.
  2. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
1991
Income limit
60% AMI
Bedrooms
2 1 bedroom · 2 2 bedrooms

Map loads here…

This buildingOpen a pin for the building name.

Rents and income limits in 59247

Fair market rent, 2 bedrooms
$1,260/mo
Income needed to pay it at 30% of income
$50,400/yr
Renters in 59247 paying 30% or more of income on rent
27%

Income limits (2026)

Sheridan County, MT area · median family income $94,800. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$19,950$33,200$53,100
2$22,800$37,950$60,700
3$27,320$42,700$68,300
4$33,000$47,400$75,850
5$38,680$51,200$81,950
6$44,360$55,000$88,000
7$50,040$58,800$94,100
8$55,720$62,600$100,150

Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.

Fair market rents (2027)

HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.

Size59247Wider area
Studio$960$928
1 bedroom$960$928
2 bedrooms$1,260$1,214
3 bedrooms$1,740$1,681
4 bedrooms$2,070$1,994

Wider area = Sheridan County, MT. Two-bedroom fair market rents in 4 nearby ZIPs range from $1,100 (59226) to $1,210 (59211).

Census figures for 59247 (2020–2024 average): median rent $732. Median household income $73,750. 32% of homes are rented. 27% of renters pay 30% or more of their income on rent, and 5% pay half or more.

Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.

Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.

Estimate your Section 8 rent share

Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 59247's fair market rent.

Estimate your Section 8 rent share for 59247

Frequently Asked Questions

How do I apply to Lake Apartments?

No phone is listed for Lake Apartments. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.

Is Lake Apartments Section 8 housing?

Lake Apartments is listed as income-restricted housing in Medicine Lake, MT 59247 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.

How many units are at Lake Apartments?

Public records list 4 units at Lake Apartments in Medicine Lake, MT 59247. That is a building size, not a count of open apartments.

Are there other affordable apartments near Lake Apartments?

Yes — this page lists other income-restricted buildings in 59247 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.

People Also Ask

How do I get into Lake Apartments?

Call the number on this page and ask about the waiting list or how to apply at Lake Apartments in Medicine Lake, MT 59247. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.

How do I qualify for affordable housing in Medicine Lake, MT 59247?

Most income-restricted buildings in Medicine Lake, MT 59247 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $33,200, and $47,400 for a 4-person household. Public housing can go up to 80% ($53,100 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.

What is the income limit for low-income housing in Medicine Lake, MT 59247?

For many programs in Medicine Lake, MT 59247, the 2026 HUD very low-income (50%) limit is $33,200 a year for 1 person and $47,400 for 4 people. The low-income (80%) limit is $53,100 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.

How much rent do you pay for low-income housing in Medicine Lake, MT 59247?

In public housing and most Section 8 in Medicine Lake, MT 59247, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Medicine Lake, MT 59247 is $1,260 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.

Does Lake Apartments take Section 8 vouchers?

This file does not say that Lake Apartments has a project-based Section 8 contract. Some landlords in Medicine Lake, MT 59247 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Lake Apartments.

Sources: HUD LIHTC database, 2024 (released Apr 2026). Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction. To add a different building, use the suggestion rubric.