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Montana: Section 8 properties with a decision coming

HUD's file lists 117 active project-based assistance contracts in Montana, covering 4,950 assisted units. 18 of them reach their final expiration date by Oct 2028, when the owner has to choose whether and how to renew. 45 Section 8 HAP contracts pay rents under 90% of the area's Fair Market Rent, a first sign of a property that could qualify for a rent increase at renewal.

117active contracts on 117 properties
18reaching final expiration by Oct 2028 (487 assisted units)
45HAP contracts with rents under 90% of FMR
0FHA-insured apartment loans maturing within five years

Contracts reaching final expiration by Oct 2028

These contracts end their overall term within two years of HUD's October 6, 2026 file. The owner chooses among the renewal options the property qualifies for, and an owner who wants out has to give tenants at least a year's notice. "Rent vs FMR" is HUD's ratio of contract rent to the area's Fair Market Rent.

PropertyUnitsAssistedContract typeFinal expirationRent vs FMRHUD loan
Judith Basin ManorStanford, Judith Basin County2020515/8 NCOct 202679%
Bozeman Supportive Housing/Spring RunBozeman, Gallatin County1817PRAC/811Nov 202659%202/811
Bruce Blattner ApartmentsMissoula, Missoula County88PRAC/811Nov 202678%202/811
Summit Place ApartmentsLivingston, PARK County76PRAC/811Dec 202664%202/811
The ElmwoodsGreat Falls, Cascade County1818Sec 8 NCFeb 202770%
Southwinds EstatesGreat Falls, Cascade County2424PRAC/811Apr 202788%202/811
Grand View ApartmentsBillings, Yellowstone County2524PRAC/811Apr 202769%202/811
Laurel GardensLaurel, YELLOWSTONE County3029Sec 8 NCMay 202763%
Eagle Watch EstatesMissoula, Missoula County2424PAC/202Jun 202788%FHA 09311010
Asi-Helena (Queen City Estates)Helena, Lewis and Clark County2524PRAC/811Jul 202752%202/811
Meadow Lark ApartmentsGreat Falls, Cascade County1817PRAC/811Jul 202786%202/811
Lake Francis CourtValier, PONDERA County88515/8 NCAug 202764%
Silvercrest MissoulaMissoula, Missoula County5150PRAC/202Dec 202758%202/811
Snowy Mountain HomesLewistown, Fergus County88202/8 NCApr 202862%
Voa-BillingsBillings, Yellowstone County8584PRAC/202Apr 202882%202/811
Fraser TowerBillings, Yellowstone County6464Sec 8 NCJul 202898%
Aspen VillageHelena, Lewis and Clark County4140PRAC/202Jul 202863%202/811
Kalispell Senior Housing, Inc. (Vanee Apartments)Kalispell, Flathead County2322PRAC/202Jul 202857%202/811
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026.

Section 8 contracts paying well under Fair Market Rent

HAP contracts with at least 20 assisted units whose rent-to-FMR ratio in HUD's file is under 90%, lowest first. Below-market contract rents are what HUD's Mark-Up-to-Market renewal option addresses, if the property qualifies; a rent comparability study, not this ratio, decides the new rents. "Run math" loads the size and ratio into the offer calculator.

PropertyUnitsAssistedRent vs FMRFinal expirationCurrent term ends
Sherwood InnLivingston, PARK County504954%May 2043May 2027Run math
Glacier ManorKalispell, Flathead County616055%May 2029May 2027Run math
Oakwood VillageHavre, HILL County606059%Dec 2040Dec 2026Run math
Sentinel VillageMissoula, Missoula County605860%Jun 2031Jun 2027Run math
Eagles Manor IIHelena, Lewis and Clark County444061%Dec 2028Dec 2026Run math
El Dorita ApartmentsKalispell, Flathead County363662%Sep 2032Aug 2027Run math
Grandview PlaceMissoula, Missoula County484862%Jan 2036Jan 2027Run math
Laurel GardensLaurel, YELLOWSTONE County302963%May 2027May 2027Run math
Skyline LodgeChoteau, Teton County533063%Aug 2029Aug 2027Run math
Big Sky ManorKalispell, FLATHEAD County606066%Oct 2037Oct 2026Run math
Homes On The RangeRoundup, Musselshell County505066%Apr 2039Apr 2027Run math
Havre Eagles ManorHavre, HILL County834067%Jul 2029Jul 2027Run math
Hillview AptsHavre, HILL County525267%Nov 2033Nov 2026Run math
Silver Bow VillageButte, Silver Bow County606067%Jun 2032Jun 2027Run math
Rainbow HouseGreat Falls, Cascade County404068%Jun 2032Jun 2027Run math
Sunrise Bluff EstatesFort Benton, CHOUTEAU County583469%May 2029May 2027Run math
Ouellette PlaceLewistown, Fergus County242469%Sep 2036Sep 2027Run math
Boulevard ApartmentsBozeman, Gallatin County413969%Feb 2041Feb 2027Run math
Legion VillaBozeman, GALLATIN County616071%Apr 2031Apr 2027Run math
The ElmsKalispell, FLATHEAD County414172%Jan 2031Jan 2027Run math
Timber HillsKalispell, Flathead County202078%Dec 2032Dec 2026Run math
Custer VillaMiles City, CUSTER County323278%Nov 2028Nov 2026Run math
Judith Basin ManorStanford, Judith Basin County202079%Oct 2026Oct 2026Run math
Miles City Eagles ManorMiles City, Custer County903380%Feb 2036Feb 2027Run math
Columbia Villa AptsColumbia Falls, Flathead County363581%Aug 2045Aug 2027Run math
Libby Plaza II ApartmentsLibby, Lincoln County303082%Mar 2033Mar 2027Run math
Lake View VillaPolson, LAKE County222283%Jan 2033Jan 2027Run math
HearthstoneAnaconda, Deer Lodge County744083%Nov 2036Nov 2026Run math
Butte Senior HousingButte, Silver Bow County606083%Sep 2039Sep 2027Run math
Crestwood InnSidney, RICHLAND County727185%Jun 2035Jun 2027Run math
 Source: HUD Multifamily Assistance and Section 8 Contracts database, data as of October 6, 2026. HUD describes the ratio as a guide only.

Filter every Montana contract

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Watch a contract

HUD republishes this file about once a month. Pick a contract and we'll email you when a new file shows it renewed (a later expiration date), ended or changed status, or moved inside 24 or 12 months of its final expiration.

We match on HUD's contract number, so a renewal under a new contract number shows up as this one expiring. Every contract is in the download files if you'd rather track them yourself.

The list holds the Montana contracts in the tables above. Use "Watch" in the filter to add any other contract.

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Before you call an owner

Write to the owner of record from the county's deed records; HUD's file shows the contract, not the deed. Never contact residents or on-site staff about a sale, and never suggest to residents that their housing is about to change.

Buying the property means HUD has to approve you to take over the contract. Read what HUD reviews when a Section 8 property sells before you write a letter of intent.

Price it, then finance it

Use the offer calculator to value the property at today's contract rents and at market rents, then send the deal to the desk for acquisition financing.

Not affiliated with HUD. Inclusion here doesn't mean a property is for sale. How this data is built.