Lake County, MT

2025 Fair Market Rents

Tags: 2025 Montana

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 Lake County are Polson, Ronan, Saint Ignatius, and Arlee. 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 Lake County use?

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

Lake County ($1,192) has a 6.8% higher FMR for 2-Bedroom housing than the average of Montana ($1,116) and therefore a higher gross rent.

Lake County is rank 17th out of 56 counties. This means the FMRs, or in other words, the gross rent is higher than 39 other counties. Lake County is the 17th most expensive county in terms of FMRs.

Rent Tables Lake County, MT

Fair Market Rent (40th Percentile)

$898
studio
$917
1-Bedroom
$1,192
2-Bedroom
$1,504
3-Bedroom
$1,580
4-Bedroom

Median Rent (50th Percentile)

$952
studio
$971
1-Bedroom
$1,263
2-Bedroom
$1,594
3-Bedroom
$1,674
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
59821 $950 $1,010 $1,280 $1,660 $1,840
59821 $950 $1,010 $1,280 $1,660 $1,840
59824 $940 $960 $1,250 $1,580 $1,660
59855 $850 $870 $1,130 $1,430 $1,500
59860 $900 $920 $1,200 $1,510 $1,590
59863 $870 $910 $1,160 $1,480 $1,630
59864 $840 $860 $1,120 $1,410 $1,480
59865 $810 $820 $1,070 $1,350 $1,420
59910 $960 $980 $1,280 $1,620 $1,740
59914 $1,200 $1,220 $1,590 $2,010 $2,110
59915 $960 $1,000 $1,280 $1,620 $1,810
59929 $970 $1,010 $1,300 $1,690 $2,010
59931 $1,080 $1,120 $1,460 $1,900 $2,240
59821 $950 $1,010 $1,280 $1,660 $1,840
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59821 $855 $909 $1,152 $1,494 $1,656
59821 $855 $909 $1,152 $1,494 $1,656
59824 $846 $864 $1,125 $1,422 $1,494
59855 $765 $783 $1,017 $1,287 $1,350
59860 $810 $828 $1,080 $1,359 $1,431
59863 $783 $819 $1,044 $1,332 $1,467
59864 $756 $774 $1,008 $1,269 $1,332
59865 $729 $738 $963 $1,215 $1,278
59910 $864 $882 $1,152 $1,458 $1,566
59914 $1,080 $1,098 $1,431 $1,809 $1,899
59915 $864 $900 $1,152 $1,458 $1,629
59929 $873 $909 $1,170 $1,521 $1,809
59931 $972 $1,008 $1,314 $1,710 $2,016
59821 $855 $909 $1,152 $1,494 $1,656
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59821 $1,045 $1,111 $1,408 $1,826 $2,024
59821 $1,045 $1,111 $1,408 $1,826 $2,024
59824 $1,034 $1,056 $1,375 $1,738 $1,826
59855 $935 $957 $1,243 $1,573 $1,650
59860 $990 $1,012 $1,320 $1,661 $1,749
59863 $957 $1,001 $1,276 $1,628 $1,793
59864 $924 $946 $1,232 $1,551 $1,628
59865 $891 $902 $1,177 $1,485 $1,562
59910 $1,056 $1,078 $1,408 $1,782 $1,914
59914 $1,320 $1,342 $1,749 $2,211 $2,321
59915 $1,056 $1,100 $1,408 $1,782 $1,991
59929 $1,067 $1,111 $1,430 $1,859 $2,211
59931 $1,188 $1,232 $1,606 $2,090 $2,464
59821 $1,045 $1,111 $1,408 $1,826 $2,024

Fair Market Rents on this page apply to the following cities in Lake County, Montana: Polson, Ronan, Saint Ignatius, Arlee, Charlo, Pablo, Ravalli, Big Arm, Dayton, Elmo, Proctor, and Rollins.

These Fair Market Rents also apply to the following ZIP codes in Lake County, Montana: 59860, 59864, 59865, 59821, 59824, 59855, 59863, 59910, 59914, 59915, 59929, and 59931.

More on Lake County, MT

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

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