Missoula County, MT

2024 Fair Market Rents

Tags: 2024 Missoula, MT MSA

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 Missoula County are Missoula, Lolo, Florence, and Frenchtown. 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 Missoula County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Missoula 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 Missoula County compare?

Missoula County ($1,203) has a 25.3% higher FMR for 2-Bedroom housing than the average of Montana ($960) and therefore a higher gross rent.

Missoula County is rank 2nd out of 56 counties. This means the FMRs, or in other words, the gross rent is higher than 54 other counties. Missoula County is the 2nd most expensive county in terms of FMRs.

Rent Tables Missoula County, MT

Fair Market Rent (40th Percentile)

$845
studio
$988
1-Bedroom
$1,203
2-Bedroom
$1,695
3-Bedroom
$2,041
4-Bedroom

Median Rent (50th Percentile)

$912
studio
$1,066
1-Bedroom
$1,298
2-Bedroom
$1,829
3-Bedroom
$2,203
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
59801 $0 $950 $1,160 $1,630 $1,970
59802 $0 $940 $1,150 $1,620 $1,950
59803 $0 $1,070 $1,300 $1,830 $2,210
59804 $0 $1,210 $1,470 $2,070 $2,490
59806 $0 $990 $1,200 $1,690 $2,040
59807 $0 $990 $1,200 $1,690 $2,040
59808 $0 $1,060 $1,290 $1,820 $2,190
59812 $0 $990 $1,200 $1,690 $2,040
59823 $0 $990 $1,200 $1,690 $2,050
59826 $0 $990 $1,200 $1,690 $2,040
59833 $0 $1,040 $1,270 $1,790 $2,160
59834 $0 $1,030 $1,260 $1,770 $2,130
59846 $0 $990 $1,200 $1,690 $2,040
59847 $0 $980 $1,190 $1,680 $2,020
59851 $0 $960 $1,170 $1,650 $1,980
59868 $0 $990 $1,200 $1,690 $2,040
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59801 $738 $855 $1,044 $1,467 $1,773
59802 $729 $846 $1,035 $1,458 $1,755
59803 $819 $963 $1,170 $1,647 $1,989
59804 $927 $1,089 $1,323 $1,863 $2,241
59806 $756 $891 $1,080 $1,521 $1,836
59807 $756 $891 $1,080 $1,521 $1,836
59808 $819 $954 $1,161 $1,638 $1,971
59812 $756 $891 $1,080 $1,521 $1,836
59823 $765 $891 $1,080 $1,521 $1,845
59826 $756 $891 $1,080 $1,521 $1,836
59833 $801 $936 $1,143 $1,611 $1,944
59834 $792 $927 $1,134 $1,593 $1,917
59846 $756 $891 $1,080 $1,521 $1,836
59847 $756 $882 $1,071 $1,512 $1,818
59851 $738 $864 $1,053 $1,485 $1,782
59868 $756 $891 $1,080 $1,521 $1,836
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59801 $902 $1,045 $1,276 $1,793 $2,167
59802 $891 $1,034 $1,265 $1,782 $2,145
59803 $1,001 $1,177 $1,430 $2,013 $2,431
59804 $1,133 $1,331 $1,617 $2,277 $2,739
59806 $924 $1,089 $1,320 $1,859 $2,244
59807 $924 $1,089 $1,320 $1,859 $2,244
59808 $1,001 $1,166 $1,419 $2,002 $2,409
59812 $924 $1,089 $1,320 $1,859 $2,244
59823 $935 $1,089 $1,320 $1,859 $2,255
59826 $924 $1,089 $1,320 $1,859 $2,244
59833 $979 $1,144 $1,397 $1,969 $2,376
59834 $968 $1,133 $1,386 $1,947 $2,343
59846 $924 $1,089 $1,320 $1,859 $2,244
59847 $924 $1,078 $1,309 $1,848 $2,222
59851 $902 $1,056 $1,287 $1,815 $2,178
59868 $924 $1,089 $1,320 $1,859 $2,244

Fair Market Rents on this page apply to the following cities in Missoula County, Montana: Missoula, Lolo, Florence, Frenchtown, Seeley Lake, Bonner, Huson, Condon, and Milltown.

These Fair Market Rents also apply to the following ZIP codes in Missoula County, Montana: 59801, 59808, 59803, 59802, 59804, 59847, 59833, 59834, 59806, 59868, 59823, 59846, 59807, 59826, 59851, and 59812.

Missoula County, MT is considered part of the following metro FMR area: MISSOULA, MT MSA.

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Data Source

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