About This Property
Gallatin Forks is an affordable housing community in Manhattan, Montana that serves families with a mix of eight one-bedroom and eight two-bedroom units. The property was placed in service in 2016 and utilizes 9% Low-Income Housing Tax Credits to support affordability.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Manhattan, 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 Gallatin Forks is typically 30% of household income or less.
What size apartments are available at Gallatin Forks?+
Gallatin Forks offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom units.
Who manages Gallatin Forks?+
Gallatin Forks is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Manhattan, MT?+
Based on Fair Market Rent for Gallatin County, the estimated price range is: 1-bedroom: $999, 2-bedroom: $1275. Actual rent at Gallatin Forks may be lower for income-eligible households.
How do I apply for housing at Gallatin Forks?+
Gallatin Forks 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 is eligible to live at Gallatin Forks?+
Gallatin Forks primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.