About This Property
Pond Row comprises 20 low-income residential units in Bozeman, Montana, with 15 two-bedroom and 5 three-bedroom apartments. The property has been in service since 1999 and is financed through 9% Low-Income Housing Tax Credits. The community serves households meeting income eligibility requirements for affordable housing programs.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Bozeman, 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 Pond Row is typically 30% of household income or less.
What size apartments are available at Pond Row?+
Pond Row offers the following unit types: 15 Two-Bedroom, 5 Three-Bedroom units, for a total of 20 units.
What is the price range for apartments in Bozeman, MT?+
Based on Fair Market Rent for Gallatin County, the estimated price range is: 2-bedroom: $1275, 3-bedroom: $1797. Actual rent at Pond Row may be lower for income-eligible households.
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 manages Pond Row?+
Pond Row is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Pond Row?+
Pond Row 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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