What is the Fair Market Rent for a 2-bedroom in Lewis and Clark County, MT HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Lewis and Clark County, MT HUD Metro FMR Area is $1,647 per month for fiscal year 2026. The studio FMR is $1,136, 1-bedroom is $1,319, 3-bedroom is $2,250, and 4-bedroom is $2,496.

What income do you need to afford the FMR in Lewis and Clark County, MT HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $65,880 per year ($5,490 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,647 in Lewis and Clark County, MT HUD Metro FMR Area.

FY2026 Fair Market Rents — Lewis and Clark County, MT HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,136

1BR

$1,319

2BR

$1,647

3BR

$2,250

4BR

$2,496

Hours/week at min wage

121 hrs

to afford the 2BR FMR @ $10.55/hr (MT)

National rank

#156

of 661 U.S. metros (top 24% most expensive)

Voucher payment standard

$1,482–$1,812

PHAs set HCV payment at 90–110% of the 2BR FMR

Lewis and Clark County, MT HUD Metro FMR Area

Metropolitan area · MT · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,136	$13,632
1-Bedroom	$1,319	$15,828
2-Bedroom	$1,647	$19,764
3-Bedroom	$2,250	$27,000
4-Bedroom	$2,496	$29,952

FY2026 Income Limits

Area Median Income (AMI): $122,400

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$24,750	$28,250	$31,800	$35,300	$38,680	$44,360
50% AMI (Very Low)	$41,150	$47,050	$52,950	$58,850	$63,550	$68,300
80% AMI (Low)	$65,900	$75,350	$84,750	$94,150	$101,650	$109,200

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$19,764/yr

FMR as % of Area Median Income

16.1% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$65,880/yr

$5,490/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$1,071	$1,224	$1,377	$1,652	$1,774
60% AMI Maximum	$1,285	$1,468	$1,652	$1,982	$2,129

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,136	$1,319	$1,647	$1,989	$1,989
Low HOME Rent	$1,028	$1,176	$1,323	$1,471	$1,588

Compare Lewis and Clark County, MT HUD Metro FMR Area With Other MT Metros

vs. Billings, MT HUD Metro FMR Area vs. Bozeman, MT MSA vs. Broadwater County, MT HUD Metro FMR Area vs. Golden Valley County, MT HUD Metro FMR Area vs. Great Falls, MT MSA

Counties in This FMR Area

Lewis and Clark County