Sheridan County
FY 2026 HUD Fair Market Rents in Montana. Population: 3,700.
Fair Market Rents (2026)
Studio
National avg: $893
$908/mo
↑ 23.7% YoY
+2% vs US
1 Bedroom
National avg: $959
$923/mo
↑ 11.5% YoY
-4% vs US
2 Bedroom
National avg: $1,175
$1,211/mo
↑ 21.1% YoY
+3% vs US
3 Bedroom
National avg: $1,525
$1,684/mo
↑ 20.8% YoY
+10% vs US
4 Bedroom
National avg: $1,756
$1,809/mo
↑ 29.3% YoY
+3% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $734 | $908 | +$174 (+23.7%) |
| 1 Bedroom | $828 | $923 | +$95 (+11.5%) |
| 2 Bedroom | $1,000 | $1,211 | +$211 (+21.1%) |
| 3 Bedroom | $1,394 | $1,684 | +$290 (+20.8%) |
| 4 Bedroom | $1,399 | $1,809 | +$410 (+29.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$36,920
$3,077/month gross
Required annual income for 2 BR
$48,440
$4,037/month gross
Other Counties in Montana
Wheatland County
1 BR: $872/mo
Fergus County
1 BR: $1,102/mo
Lincoln County
1 BR: $1,067/mo
Garfield County
1 BR: $858/mo
Ravalli County
1 BR: $1,145/mo
Jefferson County
1 BR: $1,070/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.