About This Property
Forsyth Village I comprises 24 one-bedroom apartments serving elderly residents in Forsyth, Montana. The property was placed in service in 1996 and operates as a low-income housing community through 4% Low-Income Housing Tax Credits. Management and leasing information are available through the property contact.
Property Details
Fair Market Rent - Rosebud 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 | $658 |
| 1 Bedroom | $749 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,253 |
| 4 Bedroom | $1,536 |
Income Limits - Rosebud County, MT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,900
- Low (80%)
- $41,400
- Extremely Low (30%)
- $17,750
- Very Low (50%)
- $29,600
- Low (80%)
- $47,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,300
- Low (80%)
- $53,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,950
- Low (80%)
- $59,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,950
- Low (80%)
- $63,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,900
- Low (80%)
- $68,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,850
- Low (80%)
- $73,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,800
- Low (80%)
- $78,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,900 | $41,400 |
| 2 Persons | $17,750 | $29,600 | $47,300 |
| 3 Persons | $21,960 | $33,300 | $53,200 |
| 4 Persons | $26,500 | $36,950 | $59,100 |
| 5 Persons | $31,040 | $39,950 | $63,850 |
| 6 Persons | $35,580 | $42,900 | $68,600 |
| 7 Persons | $40,120 | $45,850 | $73,300 |
| 8 Persons | $44,660 | $48,800 | $78,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Forsyth, MT?+
The Fair Market Rent (FMR) for Rosebud County, MT is: $658 (Studio), $749 (1BR), $905 (2BR), $1253 (3BR), $1536 (4BR). Actual rent at subsidized properties like Forsyth Village I is typically 30% of household income or less.
What size apartments are available at Forsyth Village I?+
Forsyth Village I offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
How do I apply for housing at Forsyth Village I?+
Forsyth Village 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.
Who is eligible to live at Forsyth Village I?+
Forsyth Village I primarily serves elderly residents, Developmental Disabled. 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 Rosebud County, MT?+
For a 4-person household in Rosebud County, MT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,950, Low Income (80% AMI): $59,100. These limits are set by HUD and updated annually.
Who manages Forsyth Village I?+
Forsyth Village I is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Forsyth, MT?+
Based on Fair Market Rent for Rosebud County, the estimated price range is: 1-bedroom: $749. Actual rent at Forsyth Village I may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.