Montana Fair Market Rents

2025 Fair Market Rents

2025 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 $1,116.

The highest average FMR for a two-bedroom apartment in the United States is $2,314 in District of Columbia. The lowest for a two-bedroom apartment is $579 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 $1,778 in Gallatin County. The lowest FMR for a two-bedroom apartment is $933 in Beaverhead County, Daniels County, and 8 others.

Montana ($1,116) has a 11.1% lower FMR for 2-Bedroom housing than the average of the US ($1,255) and therefore has a lower gross rent.

Montana is rank 31st out of 56 States and territories. This means the FMRs, or in other words, the gross rent is lower than 30 other States and territories. Montana is the 26th cheapest State or territory in terms of FMRs.

Average FMRs for Montana

31st
Rank
$814
Studio
$889
1-person
$1,116
2-person
$1,488
3-person
$1,766
4-person
Counties in Montana (56)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Gallatin County 1st $1,234 $1,385 $1,778 $2,491 $2,942
Broadwater County 2nd $1,059 $1,215 $1,443 $1,739 $2,302
Flathead County 3rd $1,024 $1,064 $1,396 $1,860 $2,344
Lewis and Clark County 4th $932 $1,072 $1,359 $1,793 $2,041
Custer County 5th $910 $1,011 $1,327 $1,823 $1,829
Park County 6th $909 $1,113 $1,325 $1,842 $2,225
Missoula County 7th $920 $1,099 $1,316 $1,844 $2,210
McCone County 8th $938 $982 $1,278 $1,747 $2,039
Petroleum County 8th $938 $982 $1,278 $1,747 $2,039
Prairie County 8th $938 $982 $1,278 $1,747 $2,039
Treasure County 8th $938 $982 $1,278 $1,747 $2,039
Wibaux County 8th $938 $982 $1,278 $1,747 $2,039
Madison County 13th $970 $976 $1,270 $1,530 $2,133
Carbon County 14th $904 $948 $1,226 $1,685 $1,897
Yellowstone County 14th $904 $948 $1,226 $1,685 $1,897
Fergus County 16th $875 $909 $1,193 $1,565 $1,903
Lake County 17th $898 $917 $1,192 $1,504 $1,580
Ravalli County 18th $928 $936 $1,175 $1,646 $1,973
Silver Bow County 19th $804 $916 $1,166 $1,634 $1,865
Jefferson County 20th $795 $883 $1,159 $1,624 $1,849
Fallon County 21st $848 $888 $1,156 $1,580 $1,844
Meagher County 22nd $843 $883 $1,149 $1,570 $1,833
Mineral County 23rd $825 $889 $1,124 $1,354 $1,635
Teton County 24th $823 $1,013 $1,122 $1,487 $1,681
Cascade County 25th $814 $854 $1,121 $1,571 $1,781
Musselshell County 26th $814 $860 $1,109 $1,554 $1,862
Golden Valley County 27th $811 $842 $1,105 $1,521 $1,763
Stillwater County 28th $783 $829 $1,087 $1,522 $1,825
Richland County 29th $794 $977 $1,082 $1,304 $1,817
Chouteau County 30th $791 $822 $1,078 $1,308 $1,617
Hill County 30th $791 $854 $1,078 $1,424 $1,429
Big Horn County 32nd $789 $819 $1,075 $1,372 $1,586
Glacier County 33rd $808 $895 $1,052 $1,302 $1,630
Dawson County 34th $759 $795 $1,035 $1,247 $1,556
Pondera County 34th $759 $935 $1,035 $1,320 $1,622
Carter County 36th $753 $845 $1,027 $1,237 $1,638
Toole County 37th $745 $863 $1,015 $1,422 $1,619
Sheridan County 38th $734 $828 $1,000 $1,394 $1,399
Roosevelt County 39th $722 $755 $991 $1,194 $1,581
Valley County 40th $726 $755 $990 $1,259 $1,487
Rosebud County 41st $718 $806 $978 $1,336 $1,642
Blaine County 42nd $717 $745 $977 $1,177 $1,559
Sweet Grass County 43rd $712 $768 $971 $1,361 $1,549
Lincoln County 44th $709 $872 $966 $1,354 $1,622
Judith Basin County 45th $702 $735 $957 $1,177 $1,527
Powell County 46th $687 $719 $936 $1,312 $1,493
Beaverhead County 47th $684 $843 $933 $1,307 $1,567
Daniels County 47th $684 $717 $933 $1,275 $1,489
Deer Lodge County 47th $684 $843 $933 $1,307 $1,541
Garfield County 47th $684 $717 $933 $1,126 $1,489
Granite County 47th $684 $757 $933 $1,307 $1,489
Liberty County 47th $684 $726 $933 $1,307 $1,489
Phillips County 47th $684 $843 $933 $1,307 $1,489
Powder River County 47th $684 $717 $933 $1,307 $1,489
Sanders County 47th $709 $764 $933 $1,197 $1,567
Wheatland County 47th $684 $717 $933 $1,214 $1,489

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Data Source

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Fair Market Rents are estimated by the HUD.