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Montana · FIPS 30061 · HUD FY 2027

Mineral County, Montana Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Mineral County is $1,390 a month (rent plus utilities), 9% below the Montana average of $1,529 and 21% below the U.S. average of $1,761. That is up $29 (2.1%) from FY 2026. At 30% of income, a household needs about $55,600 a year to afford it.

  • $1,3902-bedroom FMR+$29 (+2.1%) vs FY 2026
  • $1,1731-bedroom FMRMontana: $1,223 · U.S.: $1,478
  • $55,600Income for a 2-bedroom$27/hour full-time
  • 23 of 562BR rank in Montana1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,390/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Mineral County FMR$1,390$55,600–
Montana average$1,529$61,159–
U.S. average$1,761$70,432–
Mineral County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitMineral County FY 2027FY 2026ChangeMontana avgU.S. avgIncome needed
Studio$968$941+$27 (+2.9%)$1,114$1,379$38,720
1 bedroom$1,173$1,083+$90 (+8.3%)$1,223$1,478$46,920
2 bedrooms$1,390$1,361+$29 (+2.1%)$1,529$1,761$55,600
3 bedrooms$1,679$1,632+$47 (+2.9%)$2,086$2,266$67,160
4 bedrooms$1,854$1,915−$61 (−3.2%)$2,430$2,607$74,160

How Mineral County compares

  • HUD sets this rent for the Mineral County, MT metro FMR area, which covers 4,959 residents in 1 county.
  • Across Montana, 2-bedroom FMRs run from $1,014 (Phillips County) to $2,109 (Gallatin County).
  • Studio to 4-bedroom: $968, $1,173, $1,390, $1,679, $1,854. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
  • HUD also publishes ZIP-level Small Area FMRs. For the 6 ZIP codes mostly in Mineral County (by land area), the 2-bedroom figure ranges from $1,230 to $1,560.

Small Area FMRs by ZIP code in Mineral County

FY 2027 Small Area Fair Market Rents, ZIP codes in Mineral County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
59820$1,090$1,320$1,560$2,080$2,500+$110 (+7.6%)12% above
59830$850$980$1,230$1,470$1,830+$40 (+3.4%)12% below
59842$970$1,170$1,390$1,680$1,850+$30 (+2.2%)same
59866$1,000$1,200$1,440$1,740$1,970no change4% above
59867$970$1,170$1,390$1,680$1,850+$30 (+2.2%)same
59872$850$1,000$1,230$1,470$1,730+$40 (+3.4%)12% below

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.

All Montana counties · How HUD sets these rents