FY2026 Fair Market Rents — Custer County, MT

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

Studio
$1,109
1BR
$1,226
2BR
$1,608
3BR
$2,154
4BR
$2,322
Hours/week at min wage
118 hrs
to afford the 2BR FMR @ $10.55/hr (MT)
YoY change (2BR)
+3.2%
+$50 vs FY2025 · 5-yr +87.4%
Voucher payment standard
$1,447–$1,769
PHAs set HCV payment at 90–110% of the 2BR FMR

Custer County, MT

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

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,109 $13,308
1-Bedroom $1,226 $14,712
2-Bedroom $1,608 $19,296
3-Bedroom $2,154 $25,848
4-Bedroom $2,322 $27,864

Recent 2-Bedroom FMR Trend

FY2020 $796 → FY2026 $1,608
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,109 $1,226 $1,608 $2,154 $2,322
FY2025 $1,068 $1,188 $1,558 $2,140 $2,148
FY2024 $708 $795 $1,044 $1,453 $1,458
FY2023 $702 $739 $973 $1,371 $1,376
FY2022 $595 $646 $842 $1,196 $1,247
FY2021 $601 $651 $858 $1,228 $1,244
FY2020 $549 $614 $796 $1,137 $1,164

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $97,900

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $20,550 $23,500 $27,320 $33,000 $38,680 $44,360
50% AMI (Very Low) $34,300 $39,200 $44,100 $48,950 $52,900 $56,800
80% AMI (Low) $54,850 $62,650 $70,500 $78,300 $84,600 $90,850

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$19,296/yr
FMR as % of Area Median Income
19.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$64,320/yr
$5,360/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 $856 $979 $1,101 $1,321 $1,419
60% AMI Maximum $1,027 $1,174 $1,321 $1,585 $1,703

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 $1,109 $1,226 $1,590 $1,590 $1,590
Low HOME Rent $857 $980 $1,102 $1,223 $1,322

Compare Custer County, MT 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

Custer County

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