Montana Fair Market Rents

2022 Fair Market Rents

2022 FMRs in Montana by county. Click on the map below to view FMRs for a particular county.

Montana Map

Minimum FMR
Maximum FMR

FMRs vary across Montana based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in Montana is $819.

The highest average FMR for a two-bedroom apartment in the United States is $1,888 in Hawaii. The lowest for a two-bedroom apartment is $485 in Puerto Rico.

FMRs in Montana are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.

View the Fair Market Rents Overview for detailed information on how FMRs are calculated. Click on a specific county on the map or from the table below for detailed FMR information including Small Area FMRs.

How does Montana compare?

The highest FMR for a two-bedroom apartment in Montana is $1,078 in Gallatin County. The lowest FMR for a two-bedroom apartment is $757 in Valley County.

Montana ($819) has a 17.9% lower FMR for 2-Bedroom housing than the average of the US ($997) and therefore has a lower gross rent.

Montana is rank 37th out of 56 States and territories. This means the FMRs, or in other words, the gross rent is lower than 36 other States and territories. Montana is the 20th cheapest State or territory in terms of FMRs.

Average FMRs for Montana

37th
Rank
$582
Studio
$648
1-person
$819
2-person
$1,099
3-person
$1,279
4-person
Counties in Montana (56)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Gallatin County 1st $754 $825 $1,078 $1,531 $1,845
Missoula County 2nd $717 $813 $1,020 $1,440 $1,746
Yellowstone County 3rd $646 $730 $960 $1,315 $1,543
Carbon County 3rd $646 $730 $960 $1,315 $1,543
Park County 5th $723 $727 $957 $1,317 $1,395
Flathead County 6th $611 $699 $920 $1,307 $1,568
Madison County 7th $779 $793 $903 $1,116 $1,411
Lewis and Clark County 8th $618 $736 $923 $1,206 $1,415
Dawson County 9th $650 $807 $920 $1,137 $1,248
Stillwater County 10th $574 $649 $854 $1,213 $1,446
Cascade County 11th $638 $652 $849 $1,190 $1,393
Jefferson County 12th $617 $664 $874 $1,152 $1,381
Prairie County 13th $610 $657 $864 $1,178 $1,350
Petroleum County 13th $610 $657 $864 $1,178 $1,350
Wibaux County 13th $610 $657 $864 $1,178 $1,350
Treasure County 13th $610 $657 $864 $1,178 $1,350
Richland County 17th $628 $676 $890 $1,157 $1,280
Musselshell County 18th $573 $655 $862 $1,130 $1,355
Fallon County 19th $610 $657 $864 $1,068 $1,350
Custer County 20th $595 $646 $842 $1,196 $1,247
Fergus County 21st $587 $632 $831 $1,027 $1,422
Ravalli County 22nd $566 $609 $801 $1,126 $1,371
Silver Bow County 23rd $581 $663 $829 $1,025 $1,240
Pondera County 24th $535 $664 $757 $1,075 $1,296
Sheridan County 25th $576 $716 $816 $1,078 $1,107
Sweet Grass County 26th $552 $617 $782 $1,111 $1,222
Roosevelt County 27th $590 $594 $782 $967 $1,336
Golden Valley County 28th $549 $591 $778 $1,105 $1,215
Beaverhead County 28th $541 $664 $757 $980 $1,296
Teton County 30th $535 $592 $757 $1,053 $1,296
Lincoln County 31st $535 $644 $757 $1,075 $1,220
Rosebud County 32nd $535 $643 $757 $1,017 $1,266
Carter County 33rd $535 $664 $757 $1,075 $1,183
Liberty County 34th $567 $664 $757 $1,032 $1,183
Toole County 35th $535 $620 $757 $1,075 $1,183
Sanders County 36th $562 $575 $757 $1,075 $1,198
Hill County 37th $612 $620 $767 $1,052 $1,113
Big Horn County 38th $561 $632 $794 $996 $1,164
Deer Lodge County 38th $535 $660 $757 $1,047 $1,148
Mineral County 40th $535 $633 $757 $1,075 $1,140
Powell County 41st $535 $575 $757 $970 $1,296
Powder River County 42nd $535 $575 $757 $1,075 $1,183
Daniels County 42nd $535 $575 $757 $1,075 $1,183
Blaine County 44th $535 $664 $757 $1,018 $1,124
Granite County 45th $535 $597 $757 $1,012 $1,183
McCone County 46th $535 $575 $757 $1,032 $1,183
Garfield County 46th $535 $575 $757 $1,032 $1,183
Broadwater County 48th $566 $622 $802 $991 $1,088
Lake County 49th $534 $637 $804 $1,001 $1,090
Phillips County 50th $535 $575 $757 $1,009 $1,183
Glacier County 51st $566 $640 $757 $969 $1,122
Meagher County 52nd $535 $575 $757 $956 $1,183
Chouteau County 53rd $557 $600 $789 $975 $1,070
Wheatland County 54th $535 $575 $757 $936 $1,183
Judith Basin County 54th $535 $575 $757 $936 $1,183
Valley County 56th $535 $575 $757 $999 $1,027

More on Montana

Want to learn more about Montana? See Loan Limits in Montana to view maximum loan amounts or click here to find a Public Housing Authority in Montana who can help with finding affordable housing near you.

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.