Montana

USDA rental housing in Lake County, MT

7 properties in Lake County have USDA Section 515 or 514 financing: 168 apartments across 4 towns. 158 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.

7properties
168apartments
158rental assistance units
5vacant units reported

Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.

Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.

S&k Ltd Prtnshp #5 Felsman East

Joe Dog Dr, Pablo, MT 59855

Family · 12 2BR

Managed by Salish & Kootenai Housing Author

Units
12
Rental assistance
12
Vacant
1
Accessible
2
Opened
2006

Boettcher Terrace Apartments

811 10th Ave E, Polson, MT 59860

Family · 5 1BR, 8 2BR, 11 3BR

Units
24
Rental assistance
24
Vacant
1
Accessible
2
Opened
1999

Cherry Hill Village C/o Mountain Mgmt.

1100 Cherry Hill Ct, Polson, MT 59860

Family · 18 1BR, 36 2BR, 1 3BR

Managed by Mountainside Property Management

Units
55
Rental assistance
49
Vacant
2
Accessible
3
Opened
1988

Cherry Hill Vllge N C/o Mountain Mgmt

400 Cherry Hill Ct, Polson, MT 59860

Elderly · 28 1BR

Managed by Mountainside Property Management

Units
28
Rental assistance
25
Vacant
0
Accessible
2
Opened
1990

Sunny Slope Vista Apartments

820 11th St E, Polson, MT 59860

Elderly · 16 1BR, 4 2BR

Managed by Infinity Management INC

Units
20
Rental assistance
19
Vacant
0
Accessible
1
Opened
2003

Maxwell Sr. Apts. Ronan

411 1st Ave SW, Ronan, MT 59864

Elderly · 15 1BR, 6 2BR

Units
21
Rental assistance
21
Vacant
0
Accessible
0
Opened
1976

Maxwell Sr. Apts. St. Ignatius

225 N Main St, St Ignatius, MT 59865

Elderly · 4 1BR, 4 2BR

Units
8
Rental assistance
8
Vacant
1
Accessible
0
Opened
1976

Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.

Who can rent here

USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.

For owners and buyers

Ownership: 1 nonprofit, 6 limited-profit. 6 also have housing tax credits. 4 serve elderly tenants. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.

Watch a property for maturity or prepayment

Pick a Lake County property. We'll email when USDA's monthly file shows its use-restriction date, rental assistance, unit count or ownership type change, or when it drops out of the active portfolio, which is what happens when the loan is prepaid or paid off.

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Every property in one file: 515/514 portfolio download (CSV and JSON).