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

The HUD Fair Market Rent for a 2-bedroom unit in Lewis and Clark County, MT 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?

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.

FY2026 Fair Market Rents — Lewis and Clark County, MT

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)

YoY change (2BR)

+3.2%

+$51 vs FY2025 · 5-yr +67.4%

Voucher payment standard

$1,482–$1,812

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

Lewis and Clark 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)	$1,136	$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

Recent 2-Bedroom FMR Trend

FY2020 $993 → FY2026 $1,647

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,136	$1,319	$1,647	$2,250	$2,496
FY2025	$1,094	$1,259	$1,596	$2,106	$2,397
FY2024	$729	$837	$1,057	$1,370	$1,575
FY2023	$683	$791	$1,003	$1,292	$1,498
FY2022	$618	$736	$923	$1,206	$1,415
FY2021	$649	$774	$984	$1,300	$1,484
FY2020	$647	$782	$993	$1,355	$1,518

View full FMR history back to FY2000 →

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

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,647. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

59602	$2,040
59640	$2,040
59636	$1,910
59634	$1,750
59648	$1,690

Lowest-cost ZIPs (2BR SAFMR)

59639	$1,180
59410	$1,270
59421	$1,370
59633	$1,510
59635	$1,550

All 17 ZIP codes in this area

59410 59421 59601 59602 59604 59620 59623 59624 59625 59626 59633 59634 59635 59636 59639 59640 59648

Compare Lewis and Clark 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