Yellowstone County, MT

2025 Fair Market Rents

Tags: 2025 Billings, MT HUD Metro FMR Area

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 Yellowstone County are Billings, Shepherd, Huntley, and Worden. 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 Yellowstone County use?

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

Yellowstone County ($1,226) has a 9.9% higher FMR for 2-Bedroom housing than the average of Montana ($1,116) and therefore a higher gross rent.

Yellowstone County is rank 14th out of 56 counties. This means the FMRs, or in other words, the gross rent is higher than 42 other counties. Yellowstone County is the 14th most expensive county in terms of FMRs.

Rent Tables Yellowstone County, MT

Fair Market Rent (40th Percentile)

$904
studio
$948
1-Bedroom
$1,226
2-Bedroom
$1,685
3-Bedroom
$1,897
4-Bedroom

Median Rent (50th Percentile)

$977
studio
$1,025
1-Bedroom
$1,325
2-Bedroom
$1,822
3-Bedroom
$2,050
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
59002 $910 $960 $1,240 $1,700 $1,920
59006 $760 $790 $1,040 $1,430 $1,610
59037 $870 $910 $1,170 $1,600 $1,810
59079 $1,280 $1,340 $1,730 $2,380 $2,680
59088 $910 $960 $1,240 $1,700 $1,920
59102 $910 $960 $1,240 $1,700 $1,920
59103 $910 $950 $1,230 $1,690 $1,900
59104 $910 $950 $1,230 $1,690 $1,900
59105 $1,000 $1,040 $1,350 $1,860 $2,090
59106 $1,090 $1,140 $1,480 $2,030 $2,290
59107 $910 $950 $1,230 $1,690 $1,900
59108 $910 $950 $1,230 $1,690 $1,900
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59002 $819 $864 $1,116 $1,530 $1,728
59006 $684 $711 $936 $1,287 $1,449
59037 $783 $819 $1,053 $1,440 $1,629
59079 $1,152 $1,206 $1,557 $2,142 $2,412
59088 $819 $864 $1,116 $1,530 $1,728
59102 $819 $864 $1,116 $1,530 $1,728
59103 $819 $855 $1,107 $1,521 $1,710
59104 $819 $855 $1,107 $1,521 $1,710
59105 $900 $936 $1,215 $1,674 $1,881
59106 $981 $1,026 $1,332 $1,827 $2,061
59107 $819 $855 $1,107 $1,521 $1,710
59108 $819 $855 $1,107 $1,521 $1,710
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
59002 $1,001 $1,056 $1,364 $1,870 $2,112
59006 $836 $869 $1,144 $1,573 $1,771
59037 $957 $1,001 $1,287 $1,760 $1,991
59079 $1,408 $1,474 $1,903 $2,618 $2,948
59088 $1,001 $1,056 $1,364 $1,870 $2,112
59102 $1,001 $1,056 $1,364 $1,870 $2,112
59103 $1,001 $1,045 $1,353 $1,859 $2,090
59104 $1,001 $1,045 $1,353 $1,859 $2,090
59105 $1,100 $1,144 $1,485 $2,046 $2,299
59106 $1,199 $1,254 $1,628 $2,233 $2,519
59107 $1,001 $1,045 $1,353 $1,859 $2,090
59108 $1,001 $1,045 $1,353 $1,859 $2,090

Fair Market Rents on this page apply to the following cities in Yellowstone County, Montana: Billings, Shepherd, Huntley, Worden, Ballantine, and Acton.

These Fair Market Rents also apply to the following ZIP codes in Yellowstone County, Montana: 59102, 59105, 59106, 59079, 59037, 59088, 59103, 59104, 59108, 59006, 59107, 59002, and 59111.

Yellowstone County, MT is considered part of the following metro FMR area: BILLINGS, MT HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Carbon County, MT.

More on Yellowstone 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.