About This Property
Koinonia Apartments - Isaiah offers 10 low-income residential units in Billings, Montana. The property includes three 2-bedroom units, four 3-bedroom units, and three 4-bedroom units. The apartments have been in service since 2002.
Waitlist Information
Waitlist managed by Housing Authority of Billings
HomeFront has a preference for homeless applicants; eligibility is based on annual gross income, age or disability status, and US citizenship or eligible immigration.
Applicants must qualify under HUD income limits and other program eligibility criteria; participants pay approximately 30% of their adjusted gross monthly income for rent and utilities.
Waitlist data provided by section8waitlist.org
Updated May 8, 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 |
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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 Koinonia Apartments - Isaiah is typically 30% of household income or less.
What size apartments are available at Koinonia Apartments - Isaiah?+
Koinonia Apartments - Isaiah offers the following unit types: 3 Two-Bedroom, 4 Three-Bedroom, 3 Four-Bedroom units, for a total of 10 units.
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.
What is the price range for apartments in Billings, MT?+
Based on Fair Market Rent for Yellowstone County, the estimated price range is: 2-bedroom: $1148, 3-bedroom: $1583. Actual rent at Koinonia Apartments - Isaiah may be lower for income-eligible households.
How do I apply for housing at Koinonia Apartments - Isaiah?+
Koinonia Apartments - Isaiah is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 manages Koinonia Apartments - Isaiah?+
Koinonia Apartments - Isaiah is managed by . You can reach them at .
Is there a waitlist for Koinonia Apartments - Isaiah?+
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.
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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