
About This Property
Shadow Mountain Apartments comprises 36 low-income units in Helena, Montana, serving families with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 1995 and receives 9% Low-Income Housing Tax Credit funding. The development offers 4 one-bedroom units, 18 two-bedroom units, and 14 three-bedroom units.
Waitlist Information
Waitlist managed by Montana Department of Commerce
Serves families and senior/disabled individuals; preferences include disabled, elderly, substandard housing, paying over 50% of income towards rent, victims of domestic violence, and working individuals.
Eligibility is based on total annual gross income and family size (typically below 50% of the Area Median Income), limited to U.S. citizens and specified categories of non-citizens with eligible immigration status. Applicants may only apply to one of the ten regional waiting lists.
Waitlist data provided by section8waitlist.org
Updated May 29, 2026
Property Details
Fair Market Rent - Lewis and Clark 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 | $729 |
| 1 Bedroom | $837 |
| 2 Bedroom | $1,057 |
| 3 Bedroom | $1,370 |
| 4 Bedroom | $1,575 |
Income Limits - Lewis and Clark County, MT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,800
- Low (80%)
- $49,250
- Extremely Low (30%)
- $21,100
- Very Low (50%)
- $35,200
- Low (80%)
- $56,250
- Extremely Low (30%)
- $23,750
- Very Low (50%)
- $39,600
- Low (80%)
- $63,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,950
- Low (80%)
- $70,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,500
- Low (80%)
- $75,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,000
- Low (80%)
- $81,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,500
- Low (80%)
- $87,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,050
- Low (80%)
- $92,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,800 | $49,250 |
| 2 Persons | $21,100 | $35,200 | $56,250 |
| 3 Persons | $23,750 | $39,600 | $63,300 |
| 4 Persons | $26,500 | $43,950 | $70,300 |
| 5 Persons | $31,040 | $47,500 | $75,950 |
| 6 Persons | $35,580 | $51,000 | $81,550 |
| 7 Persons | $40,120 | $54,500 | $87,200 |
| 8 Persons | $44,660 | $58,050 | $92,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Helena, MT?+
The Fair Market Rent (FMR) for Lewis and Clark County, MT is: $729 (Studio), $837 (1BR), $1057 (2BR), $1370 (3BR), $1575 (4BR). Actual rent at subsidized properties like Shadow Mountain Apartments is typically 30% of household income or less.
What size apartments are available at Shadow Mountain Apartments?+
Shadow Mountain Apartments offers the following unit types: 4 One-Bedroom, 18 Two-Bedroom, 14 Three-Bedroom units, for a total of 36 units.
What are the income limits for affordable housing in Lewis and Clark County, MT?+
For a 4-person household in Lewis and Clark County, MT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,950, Low Income (80% AMI): $70,300. These limits are set by HUD and updated annually.
What is the price range for apartments in Helena, MT?+
Based on Fair Market Rent for Lewis and Clark County, the estimated price range is: 1-bedroom: $837, 2-bedroom: $1057, 3-bedroom: $1370. Actual rent at Shadow Mountain Apartments may be lower for income-eligible households.
Who is eligible to live at Shadow Mountain Apartments?+
Shadow Mountain Apartments primarily serves families, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Shadow Mountain Apartments?+
Shadow Mountain Apartments is managed by . You can reach them at .
Is there a waitlist for Shadow Mountain Apartments?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Shadow Mountain Apartments?+
Shadow Mountain Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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