About This Property
Coad II consists of six low-income units in Missoula that serve families with a mix of two 2-bedroom and four 3-bedroom apartments. The property has been in service since 1995 and operates under 9% Low-Income Housing Tax Credit (LIHTC) financing. These units provide affordable rental housing options for families in Missoula County.
Waitlist Information
Waitlist managed by Missoula Housing Authority
Applicants must have income at or below 50% of the area median income, pay 30% of income towards housing, and perform eight hours of monthly community service unless exempt; a current mailing address and response to annual updates are required to remain on the list, with eligibility restrictions for certain criminal activities.
Applicants must have household income at or below 50% of the area median income, expect a wait time of 1-4 years, and are required to keep their mailing address current and respond to annual updates to remain on the list.
Waitlist data provided by section8waitlist.org
Updated May 8, 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 Ii is typically 30% of household income or less.
What size apartments are available at Coad Ii?+
Coad Ii offers the following unit types: 2 Two-Bedroom, 4 Three-Bedroom units, for a total of 6 units.
How do I apply for housing at Coad Ii?+
Coad 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.
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.
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 Ii may be lower for income-eligible households.
Who manages Coad Ii?+
Coad Ii is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Coad Ii?+
Coad Ii primarily serves families, Handicapped. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Coad Ii?+
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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