Carbon County, MT

2024 Fair Market Rents

Tags: 2024 Billings, MT HUD Metro FMR Area

Return to the state page to see where Montana ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Carbon County are Laurel, Columbus, Red Lodge, and Joliet. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Carbon County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Carbon County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Carbon County compare?

Carbon County ($1,148) has a 19.6% higher FMR for 2-Bedroom housing than the average of Montana ($960) and therefore a higher gross rent.

Carbon County is rank 3rd out of 56 counties. This means the FMRs, or in other words, the gross rent is higher than 53 other counties. Carbon County is the 3rd most expensive county in terms of FMRs.

Rent Tables Carbon County, MT

Fair Market Rent (40th Percentile)

$837
studio
$874
1-Bedroom
$1,148
2-Bedroom
$1,583
3-Bedroom
$1,778
4-Bedroom

Median Rent (50th Percentile)

$891
studio
$930
1-Bedroom
$1,222
2-Bedroom
$1,685
3-Bedroom
$1,893
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59001 $760 $800 $1,050 $1,460 $1,770
59007 $930 $970 $1,270 $1,750 $1,970
59008 $930 $970 $1,280 $1,770 $1,980
59013 $900 $940 $1,230 $1,700 $1,910
59014 $680 $730 $950 $1,310 $1,480
59019 $710 $750 $990 $1,380 $1,680
59026 $880 $920 $1,210 $1,670 $1,880
59029 $880 $920 $1,210 $1,670 $1,870
59041 $890 $930 $1,220 $1,680 $1,890
59044 $820 $860 $1,130 $1,560 $1,750
59068 $680 $730 $950 $1,310 $1,480
59070 $900 $940 $1,240 $1,710 $1,920
59071 $700 $740 $970 $1,340 $1,570
59001 $760 $800 $1,050 $1,460 $1,770
59019 $710 $750 $990 $1,380 $1,680
59044 $820 $860 $1,130 $1,560 $1,750
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59001 $684 $720 $945 $1,314 $1,593
59007 $837 $873 $1,143 $1,575 $1,773
59008 $837 $873 $1,152 $1,593 $1,782
59013 $810 $846 $1,107 $1,530 $1,719
59014 $612 $657 $855 $1,179 $1,332
59019 $639 $675 $891 $1,242 $1,512
59026 $792 $828 $1,089 $1,503 $1,692
59029 $792 $828 $1,089 $1,503 $1,683
59041 $801 $837 $1,098 $1,512 $1,701
59044 $738 $774 $1,017 $1,404 $1,575
59068 $612 $657 $855 $1,179 $1,332
59070 $810 $846 $1,116 $1,539 $1,728
59071 $630 $666 $873 $1,206 $1,413
59001 $684 $720 $945 $1,314 $1,593
59019 $639 $675 $891 $1,242 $1,512
59044 $738 $774 $1,017 $1,404 $1,575
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59001 $836 $880 $1,155 $1,606 $1,947
59007 $1,023 $1,067 $1,397 $1,925 $2,167
59008 $1,023 $1,067 $1,408 $1,947 $2,178
59013 $990 $1,034 $1,353 $1,870 $2,101
59014 $748 $803 $1,045 $1,441 $1,628
59019 $781 $825 $1,089 $1,518 $1,848
59026 $968 $1,012 $1,331 $1,837 $2,068
59029 $968 $1,012 $1,331 $1,837 $2,057
59041 $979 $1,023 $1,342 $1,848 $2,079
59044 $902 $946 $1,243 $1,716 $1,925
59068 $748 $803 $1,045 $1,441 $1,628
59070 $990 $1,034 $1,364 $1,881 $2,112
59071 $770 $814 $1,067 $1,474 $1,727
59001 $836 $880 $1,155 $1,606 $1,947
59019 $781 $825 $1,089 $1,518 $1,848
59044 $902 $946 $1,243 $1,716 $1,925

Fair Market Rents on this page apply to the following cities in Carbon County, Montana: Laurel, Columbus, Red Lodge, Joliet, Absarokee, Bridger, Roberts, Fromberg, Bearcreek, Belfry, Boyd, Edgar, and Roscoe.

These Fair Market Rents also apply to the following ZIP codes in Carbon County, Montana: 59044, 59019, 59068, 59041, 59001, 59014, 59070, 59029, 59007, 59008, 59013, 59026, and 59071.

Carbon County, MT is considered part of the following metro FMR area: BILLINGS, MT HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Yellowstone County, MT.

More on Carbon County, MT

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.