About This Property
Fraser Tower Apts provides 64 low-income units for elderly residents in Billings, Montana. The property, which has been in service since 2006, includes 58 one-bedroom and 6 two-bedroom apartments. Yellowstone County residents interested in learning more can contact the property management for current availability and lease terms.
Waitlist Information
Waitlist managed by Housing Authority of Billings
HomeFront offers 455 public housing units; one-bedroom and four-bedroom units are most needed.
The HCV program assists very low-income families, the elderly, and the disabled to afford decent, safe, and sanitary housing in the private market, with rent based on household income.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Yellowstone 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 | $837 |
| 1 Bedroom | $874 |
| 2 Bedroom | $1,148 |
| 3 Bedroom | $1,583 |
| 4 Bedroom | $1,778 |
Income Limits - Yellowstone County, MT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,800
- Very Low (50%)
- $28,000
- Low (80%)
- $44,800
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,200
- Low (80%)
- $69,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,600
- Low (80%)
- $79,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,800
- Low (80%)
- $84,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,800 | $28,000 | $44,800 |
| 2 Persons | $19,200 | $32,000 | $51,200 |
| 3 Persons | $21,960 | $36,000 | $57,600 |
| 4 Persons | $26,500 | $40,000 | $64,000 |
| 5 Persons | $31,040 | $43,200 | $69,150 |
| 6 Persons | $35,580 | $46,400 | $74,250 |
| 7 Persons | $40,120 | $49,600 | $79,400 |
| 8 Persons | $44,660 | $52,800 | $84,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Billings, MT?+
The Fair Market Rent (FMR) for Yellowstone County, MT is: $837 (Studio), $874 (1BR), $1148 (2BR), $1583 (3BR), $1778 (4BR). Actual rent at subsidized properties like Fraser Tower Apts is typically 30% of household income or less.
What size apartments are available at Fraser Tower Apts?+
Fraser Tower Apts offers the following unit types: 58 One-Bedroom, 6 Two-Bedroom units, for a total of 64 units.
Is there a waitlist for Fraser Tower Apts?+
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.
Who is eligible to live at Fraser Tower Apts?+
Fraser Tower Apts primarily serves elderly residents, UNSPECIFIED. 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 Billings, MT?+
Based on Fair Market Rent for Yellowstone County, the estimated price range is: 1-bedroom: $874, 2-bedroom: $1148. Actual rent at Fraser Tower Apts may be lower for income-eligible households.
Who manages Fraser Tower Apts?+
Fraser Tower Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Fraser Tower Apts?+
Fraser Tower Apts 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 Yellowstone County, MT?+
For a 4-person household in Yellowstone County, MT, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,000, Low Income (80% AMI): $64,000. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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