Teton 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 three largest cities in Teton County are Choteau, Bynum, and Pendroy. 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 Teton County use?

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

Teton County ($1,122) has a 0.5% higher FMR for 2-Bedroom housing than the average of Montana ($1,116) and therefore a higher gross rent.

Teton County is rank 24th out of 56 counties. This means the FMRs, or in other words, the gross rent is higher than 32 other counties. Teton County is the 24th most expensive county in terms of FMRs.

Rent Tables Teton County, MT

Fair Market Rent (40th Percentile)

$823
studio
$1,013
1-Bedroom
$1,122
2-Bedroom
$1,487
3-Bedroom
$1,681
4-Bedroom

Median Rent (50th Percentile)

$872
studio
$1,074
1-Bedroom
$1,189
2-Bedroom
$1,575
3-Bedroom
$1,781
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
59419 $790 $980 $1,080 $1,430 $1,620
59422 $790 $980 $1,080 $1,430 $1,620
59467 $820 $1,010 $1,120 $1,480 $1,680
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59419 $711 $882 $972 $1,287 $1,458
59422 $711 $882 $972 $1,287 $1,458
59467 $738 $909 $1,008 $1,332 $1,512
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59419 $869 $1,078 $1,188 $1,573 $1,782
59422 $869 $1,078 $1,188 $1,573 $1,782
59467 $902 $1,111 $1,232 $1,628 $1,848

Fair Market Rents on this page apply to the following cities in Teton County, Montana: Choteau, Bynum, and Pendroy.

These Fair Market Rents also apply to the following ZIP codes in Teton County, Montana: 59422, 59419, and 59467.

More on Teton County, MT

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Data Source

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