Habitat for Humanity Mid-Yellowstone Valley Homeownership Program
First mortgage · New construction · Income limits
Down payment assistance · Yellowstone County
Buying a home in Lockwood, MT
1 county program and 11 statewide.Lockwood has no program of its own, 1 across Yellowstone County, and 11 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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What’s local to Lockwood
No program of Lockwood’s own yet
No program run for Lockwood alone is listed. A home in Lockwood can use Yellowstone County’s programs below, plus the Montana statewide and federal ones.
The closest city that runs its own program is Billings, about 5 miles away. City programs usually require the home to be inside that city’s limits.
Anywhere in YellowstoneAnywhere in Yellowstone County
1 county program1 county program a Lockwood homebuyer can use
The Lockwood marketThe Lockwood housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Lockwood
- 60.3% single-familysingle-family
- 0% townhousetownhouse
- 1.5% 2–4 units2–4 units
- 0% 5+ unitscondo & apartment buildings (5+ units)
- 38.2% mobile & othermobile home & other
About condos. Lockwood’s one local program does not list condos as eligible. Habitat for Humanity Mid-Yellowstone Valley Homeownership Program lists newly-constructed habitat single-family homes (one-level, ada-accessible, attached garage; up to 4 bedrooms).
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Lockwood’s homes were built
pre-19401970s2020+
50.7%
of Lockwood homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$113,000
County area median income, 4 people (HUD)HUD area median income, Yellowstone County, 4-person household (2026)
$75,700
Lockwood median household incomeMedian household income in Lockwood (Census, 2024)
14 of the 74 programs here set their income limit as a share of Yellowstone County’s area median income, adjusted for household size. See the published limits for Yellowstone County
Free help nearbyFree help near Lockwood
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
Lockwood’s program asks for a homebuyer class first. Create a free account to see who’s near you and pick one.Habitat for Humanity Mid-Yellowstone Valley Homeownership Program asks for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Montana and nationwide
73 statewide & federal programs11 statewide programs, plus federal options
Lockwood questions
Does Lockwood have its own down payment program?
No program run for Lockwood alone is listed. A home in Lockwood can use the 1 program that cover Yellowstone County and the 11 statewide programs. Each program’s own site has the current terms.
Can I use assistance on a condo in Lockwood?
Lockwood’s one local program does not list condos as eligible. Habitat for Humanity Mid-Yellowstone Valley Homeownership Program lists newly-constructed habitat single-family homes (one-level, ada-accessible, attached garage; up to 4 bedrooms). Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Yellowstone County?
Each program sets its own. 14 of the programs here set theirs as a share of HUD’s area median income for Yellowstone County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Lockwood?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Lockwood. Create a free account and take the 90-second match to see the ones near you.
Nearby in Yellowstone
Sources
Sources: agency sites (June–September 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–September 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.