FY2026 Fair Market Rents — Big Horn County
Studio
$976
1BR
$992
2BR
$1,302
3BR
$1,657
4BR
$2,115
Big Horn County, Montana
FIPS 30003 · County-level FMR and income limit data
FMR Area: Big Horn County, MT
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $976 | $11,712 |
| 1-Bedroom | $992 | $11,904 |
| 2-Bedroom | $1,302 | $15,624 |
| 3-Bedroom | $1,657 | $19,884 |
| 4-Bedroom | $2,115 | $25,380 |
To afford the FY2026 2-bedroom FMR of $1,302/mo under the 30%-of-income rule, a household needs about
$52,080/yr ($4,340/mo). Area Median Income is $67,800.
At MT's state minimum wage of $10.55/hr, a worker would need to work 95 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $976 | $992 | $1,302 | $1,657 | $2,115 |
| FY2025 | $926 | $962 | $1,262 | $1,610 | $1,862 |
| FY2024 | $658 | $708 | $905 | $1,192 | $1,356 |
| FY2023 | $596 | $656 | $827 | $1,081 | $1,253 |
| FY2022 | $561 | $632 | $794 | $996 | $1,164 |
| FY2021 | $617 | $668 | $881 | $1,096 | $1,251 |
| FY2020 | $598 | $665 | $867 | $1,080 | $1,252 |
FY2026 Income Limits
Area Median Income: $67,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,150 | $21,850 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,850 | $36,400 | $40,950 | $45,500 | $49,150 | $52,800 |
| 80% AMI | $51,000 | $58,250 | $65,550 | $72,800 | $78,650 | $84,450 |