Compare Fair Market Rents — FY2026
| Bedroom | Madison County, MT | Billings, MT HUD Metro F... |
|---|---|---|
| Studio | $1,154 | $1,016 |
| 1-Bedroom | $1,202 | $1,109 |
| 2-Bedroom | $1,540 | $1,417 |
| 3-Bedroom | $2,073 | $1,951 |
| 4-Bedroom | $2,583 | $2,216 |
Income Limits & Affordability
| Metric | Madison County, MT | Billings, MT HUD Metro F... |
|---|---|---|
| Area Median Income (4p) | $94,100 | $113,000 |
| 50% AMI Limit (4p) | $47,050 | $53,400 |
| Income needed for 2BR FMR (30% rule) | $61,600 | $56,680 |