Montana · FIPS 30093 · HUD FY 2027
Silver Bow County, Montana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Silver Bow County is $1,417 a month (rent plus utilities), 7% below the Montana average of $1,529 and 20% below the U.S. average of $1,761. That is up $3 (0.2%) from FY 2026. At 30% of income, a household needs about $56,680 a year to afford it.
- $1,4172-bedroom FMR+$3 (+0.2%) vs FY 2026
- $1,1761-bedroom FMRMontana: $1,223 · U.S.: $1,478
- $56,680Income for a 2-bedroom$27/hour full-time
- 19 of 562BR rank in Montana1 = highest rent
| Unit | Silver Bow County FY 2027 | FY 2026 | Change | Montana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,076 | $1,028 | +$48 (+4.7%) | $1,114 | $1,379 | $43,040 |
| 1 bedroom | $1,176 | $1,149 | +$27 (+2.3%) | $1,223 | $1,478 | $47,040 |
| 2 bedrooms | $1,417 | $1,414 | +$3 (+0.2%) | $1,529 | $1,761 | $56,680 |
| 3 bedrooms | $1,962 | $1,967 | −$5 (−0.3%) | $2,086 | $2,266 | $78,480 |
| 4 bedrooms | $2,325 | $2,180 | +$145 (+6.7%) | $2,430 | $2,607 | $93,000 |
How Silver Bow County compares
- Silver Bow County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Montana, 2-bedroom FMRs run from $1,014 (Phillips County) to $2,109 (Gallatin County).
- Studio to 4-bedroom: $1,076, $1,176, $1,417, $1,962, $2,325. 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 4 ZIP codes mostly in Silver Bow County (by land area), the 2-bedroom figure ranges from $1,280 to $1,420.
Small Area FMRs by ZIP code in Silver Bow County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 59701 | $1,080 | $1,180 | $1,420 | $1,970 | $2,330 | no change | about the same as |
| 59727 | $1,080 | $1,200 | $1,420 | $1,960 | $2,330 | +$100 (+7.6%) | about the same as |
| 59748 | $960 | $1,080 | $1,280 | $1,780 | $2,080 | +$20 (+1.6%) | 10% below |
| 59750 | $1,040 | $1,150 | $1,360 | $1,890 | $2,240 | +$40 (+3.0%) | 4% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.