About This Property
Coad I contains 6 low-income units in Missoula, Montana, with a mix of two 2-bedroom and four 3-bedroom apartments designed to serve families. The property has been in service since 1995 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. Coad I is managed locally within Missoula County.
Waitlist Information
Waitlist managed by Missoula Housing Authority
Applicants' income must be at or below 50% of the Area Median Income; each property has its own waitlist, and some properties may have additional requirements like 55+ communities. Annual waitlist updates are performed.
Applicants' household income must be at or below 50% of the area median income; typical wait time is 1-4 years. Annual waitlist updates require response to remain on the list, otherwise applicants may be removed.
Waitlist data provided by section8waitlist.org
Updated October 2, 2026
Property Details
Fair Market Rent - Missoula 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 | $845 |
| 1 Bedroom | $988 |
| 2 Bedroom | $1,203 |
| 3 Bedroom | $1,695 |
| 4 Bedroom | $2,041 |
Income Limits - Missoula County, MT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,800
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $18,050
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,850
- Low (80%)
- $54,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,600
- Low (80%)
- $60,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,650
- Low (80%)
- $65,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,650
- Low (80%)
- $69,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,650
- Low (80%)
- $74,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,650
- Low (80%)
- $79,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,800 | $26,350 | $42,150 |
| 2 Persons | $18,050 | $30,100 | $48,150 |
| 3 Persons | $21,960 | $33,850 | $54,150 |
| 4 Persons | $26,500 | $37,600 | $60,150 |
| 5 Persons | $31,040 | $40,650 | $65,000 |
| 6 Persons | $35,580 | $43,650 | $69,800 |
| 7 Persons | $40,120 | $46,650 | $74,600 |
| 8 Persons | $44,660 | $49,650 | $79,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Missoula, MT?+
The Fair Market Rent (FMR) for Missoula County, MT is: $845 (Studio), $988 (1BR), $1203 (2BR), $1695 (3BR), $2041 (4BR). Actual rent at subsidized properties like Coad I is typically 30% of household income or less.
What size apartments are available at Coad I?+
Coad I offers the following unit types: 2 Two-Bedroom, 4 Three-Bedroom units, for a total of 6 units.
Who manages Coad I?+
Coad I is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Coad I?+
Coad I primarily serves families, Handicapped. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Missoula, MT?+
Based on Fair Market Rent for Missoula County, the estimated price range is: 2-bedroom: $1203, 3-bedroom: $1695. Actual rent at Coad I may be lower for income-eligible households.
What are the income limits for affordable housing in Missoula County, MT?+
For a 4-person household in Missoula County, MT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,600, Low Income (80% AMI): $60,150. These limits are set by HUD and updated annually.
How do I apply for housing at Coad I?+
Coad I 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.
Is there a waitlist for Coad I?+
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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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