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
Eligibility is based on household income and size, previous rental experience, and other factors. The Housing Authority of Billings has a preference for homeless applicants.
Preferences include homeless applicants (up to 30 by referral) and residency within the City of Billings and surrounding 10-mile radius; applicants may only apply to one HCV waiting list.
Waitlist data provided by section8waitlist.org
Updated September 12, 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 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.
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.
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.
Who manages Koinonia Apartments - Isaiah?+
Koinonia Apartments - Isaiah is managed by . You can reach them at .
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.
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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