Yellowstone County
FY 2026 HUD Fair Market Rents in Montana. Population: 165,524.
Fair Market Rents (2026)
Studio
National avg: $893
$1,016/mo
↑ 12.4% YoY
+14% vs US
1 Bedroom
National avg: $959
$1,109/mo
↑ 17.0% YoY
+16% vs US
2 Bedroom
National avg: $1,175
$1,417/mo
↑ 15.6% YoY
+21% vs US
3 Bedroom
National avg: $1,525
$1,951/mo
↑ 15.8% YoY
+28% vs US
4 Bedroom
National avg: $1,756
$2,216/mo
↑ 16.8% YoY
+26% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $904 | $1,016 | +$112 (+12.4%) |
| 1 Bedroom | $948 | $1,109 | +$161 (+17.0%) |
| 2 Bedroom | $1,226 | $1,417 | +$191 (+15.6%) |
| 3 Bedroom | $1,685 | $1,951 | +$266 (+15.8%) |
| 4 Bedroom | $1,897 | $2,216 | +$319 (+16.8%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$44,360
$3,697/month gross
Required annual income for 2 BR
$56,680
$4,723/month gross
Other Counties in Montana
Missoula County
1 BR: $1,400/mo
Beaverhead County
1 BR: $978/mo
Valley County
1 BR: $915/mo
Powder River County
1 BR: $800/mo
Petroleum County
1 BR: $1,208/mo
Sweet Grass County
1 BR: $918/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.