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RentData.org Logo Montana Fair Market Rent for 2023 Accurate Rental Price Data

Average Fair Market Rent Prices in Montana:
$641 $707 $889 $1,191 $1,397
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Montana (26) has the 38th highest rent in the country out of 56 states and territories. The Fair Market Rent in Montana ranges from $826 for a 2-bedroom apartment in Beaverhead County, MT to $1,164 for a 2-bedroom unit in Gallatin County, MT.

For FY 2023, the Gallatin County, MT (Gallatin County) rent for a studio or efficiency is $819 per month and $1,983 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Montana is $889 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Montana is around 901,315 people. So, there are around 135,197 people in Montana who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 Montana. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Montana Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Montana
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Beaverhead County, MT $587 $731 $826 $1,110 $1,407 9,454
Big Horn County, MT $596 $656 $827 $1,081 $1,253 13,302
Blaine County, MT $596 $682 $826 $1,083 $1,195 6,698
Broadwater County, MT $715 $775 $992 $1,207 $1,553 6,080
Billings, MT HUD Metro FMR Area Metro $745 $801 $1,054 $1,447 $1,644 10,689
Carter County, MT $596 $731 $826 $1,174 $1,293 1,305
Great Falls, MT MSA Metro $666 $701 $914 $1,292 $1,446 81,576
Chouteau County, MT $637 $671 $883 $1,075 $1,230 5,731
Custer County, MT $702 $739 $973 $1,371 $1,376 11,563
Daniels County, MT $596 $628 $826 $1,119 $1,293 1,705
Dawson County, MT $654 $803 $907 $1,104 $1,218 8,824
Deer Lodge County, MT $596 $731 $826 $1,174 $1,315 9,153
Fallon County, MT $663 $698 $919 $1,118 $1,439 2,975
Fergus County, MT $661 $697 $917 $1,116 $1,562 11,167
Flathead County, MT $675 $767 $1,010 $1,435 $1,720 102,001
Gallatin County, MT $819 $894 $1,164 $1,654 $1,983 111,401
Garfield County, MT $596 $650 $826 $1,119 $1,293 1,051
Glacier County, MT $664 $731 $826 $1,084 $1,280 13,706
Golden Valley County, MT $653 $688 $905 $1,273 $1,417 814
Granite County, MT $596 $664 $826 $1,174 $1,293 3,325
Hill County, MT $618 $652 $829 $1,130 $1,134 16,422
Jefferson County, MT $613 $697 $917 $1,303 $1,465 12,069
Judith Basin County, MT $596 $628 $826 $1,005 $1,293 1,968
Lake County, MT $594 $719 $888 $1,110 $1,193 30,383
Lewis and Clark County, MT $683 $791 $1,003 $1,292 $1,498 68,714
Liberty County, MT $596 $731 $826 $1,174 $1,293 2,455
Lincoln County, MT $596 $731 $826 $1,174 $1,325 19,845
McCone County, MT $596 $628 $826 $1,119 $1,293 1,826
Madison County, MT $863 $883 $997 $1,213 $1,561 8,530
Meagher County, MT $596 $628 $826 $1,018 $1,293 1,795
Mineral County, MT $596 $644 $826 $1,006 $1,227 4,330
Missoula, MT MSA Metro $789 $906 $1,120 $1,566 $1,908 119,062
Musselshell County, MT $661 $697 $917 $1,257 $1,426 4,682
Park County, MT $745 $786 $1,035 $1,420 $1,510 16,513
Petroleum County, MT $670 $706 $929 $1,258 $1,455 464
Phillips County, MT $596 $731 $826 $1,174 $1,293 4,032
Pondera County, MT $596 $731 $826 $1,144 $1,407 5,911
Powder River County, MT $596 $628 $826 $1,174 $1,293 1,634
Powell County, MT $596 $628 $826 $1,105 $1,407 6,843
Prairie County, MT $670 $706 $929 $1,258 $1,455 1,162
Ravalli County, MT $633 $671 $878 $1,226 $1,496 43,424
Richland County, MT $663 $699 $920 $1,131 $1,567 11,097
Roosevelt County, MT $606 $633 $833 $1,014 $1,419 11,091
Rosebud County, MT $596 $668 $826 $1,102 $1,407 9,065
Sanders County, MT $624 $628 $826 $1,156 $1,347 11,804
Sheridan County, MT $622 $764 $863 $1,155 $1,159 3,389
Silver Bow County, MT $606 $699 $902 $1,098 $1,457 34,895
Stillwater County, MT HUD Metro FMR Area Metro $687 $747 $983 $1,380 $1,674 9,562
Sweet Grass County, MT $596 $648 $826 $1,174 $1,293 3,676
Teton County, MT $596 $694 $826 $1,140 $1,390 6,127
Toole County, MT $596 $674 $826 $1,174 $1,293 4,812
Treasure County, MT $670 $706 $929 $1,258 $1,455 614
Valley County, MT $596 $628 $826 $1,120 $1,203 7,424
Wheatland County, MT $596 $628 $826 $1,027 $1,293 2,138
Wibaux County, MT $670 $706 $929 $1,258 $1,455 1,037

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