Logo Petroleum County Fair Market Rent FY 2019 Petroleum County, MT Rental Data

Fair Market Rent Prices in Petroleum County, MT :
$550 $616 $791 $1,094 $1,291
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Petroleum County are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Petroleum County is $791 per month.

The previous year, rent for a two-bedroom home was $804 per month. This is a 1.62% decrease year-over-year.

This FMR rate applies to Teigen, MT, Winnett, MT and other cities within the region. The Metro Code or CBSA code for this region is NCNTY30069N30069.

Additionally, This Fair Market Rent (FMR) area Petroleum County, MT spans one county or city in Montana which is listed in the table below. Estimated population of Petroleum County, MT FMR area is 494 people based on 2010 Census data.

Compared to the rest of Montana, the Petroleum County FMR area is more expensive than 73% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Petroleum County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Petroleum County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

There is just one county (listed below) within the Petroleum County, MT FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Billings.

County / Region Est. Population
Petroleum County, MT 494
Zip Codes in Petroleum County, MT

There are 2 unique zip codes in this Fair Market Rent (FMR) area:

59084 and 59087

Lookup Fair Market Rent by Zip Code