About This Property
Big Sky Apartments II offers 12 low-income units in Big Sky, Montana. The property, which has been in service since 1998, contains 11 studio units and 13 two-bedroom units. This Madison County property is managed for affordable housing purposes.
Property Details
Fair Market Rent - Madison 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 | $777 |
| 1 Bedroom | $795 |
| 2 Bedroom | $1,023 |
| 3 Bedroom | $1,237 |
| 4 Bedroom | $1,611 |
Income Limits - Madison County, MT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,950
- Very Low (50%)
- $24,850
- Low (80%)
- $39,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,400
- Low (80%)
- $45,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,950
- Low (80%)
- $51,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,350
- Low (80%)
- $61,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,900
- Low (80%)
- $75,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,950 | $24,850 | $39,800 |
| 2 Persons | $17,420 | $28,400 | $45,450 |
| 3 Persons | $21,960 | $31,950 | $51,150 |
| 4 Persons | $26,500 | $35,500 | $56,800 |
| 5 Persons | $31,040 | $38,350 | $61,350 |
| 6 Persons | $35,580 | $41,200 | $65,900 |
| 7 Persons | $40,120 | $44,050 | $70,450 |
| 8 Persons | $44,660 | $46,900 | $75,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Big Sky, MT?+
The Fair Market Rent (FMR) for Madison County, MT is: $777 (Studio), $795 (1BR), $1023 (2BR), $1237 (3BR), $1611 (4BR). Actual rent at subsidized properties like Big Sky Apartments Ii is typically 30% of household income or less.
What size apartments are available at Big Sky Apartments Ii?+
Big Sky Apartments Ii offers the following unit types: 11 Studio, 13 Two-Bedroom units, for a total of 12 units.
What is the price range for apartments in Big Sky, MT?+
Based on Fair Market Rent for Madison County, the estimated price range is: 2-bedroom: $1023. Actual rent at Big Sky Apartments Ii may be lower for income-eligible households.
What are the income limits for affordable housing in Madison County, MT?+
For a 4-person household in Madison County, MT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,500, Low Income (80% AMI): $56,800. These limits are set by HUD and updated annually.
Who manages Big Sky Apartments Ii?+
Big Sky Apartments Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Big Sky Apartments Ii?+
Big Sky Apartments Ii 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
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