FY2026 Fair Market Rents — Carter County
Studio
$932
1BR
$1,002
2BR
$1,244
3BR
$1,492
4BR
$2,011
Carter County, Montana
FIPS 30011 · County-level FMR and income limit data
FMR Area: Carter County, MT
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $932 | $11,184 |
| 1-Bedroom | $1,002 | $12,024 |
| 2-Bedroom | $1,244 | $14,928 |
| 3-Bedroom | $1,492 | $17,904 |
| 4-Bedroom | $2,011 | $24,132 |
To afford the FY2026 2-bedroom FMR of $1,244/mo under the 30%-of-income rule, a household needs about
$49,760/yr ($4,147/mo). Area Median Income is $72,000.
At MT's state minimum wage of $10.55/hr, a worker would need to work 91 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $932 | $1,002 | $1,244 | $1,492 | $2,011 |
| FY2025 | $884 | $991 | $1,205 | $1,452 | $1,922 |
| FY2024 | $658 | $806 | $905 | $1,275 | $1,425 |
| FY2023 | $596 | $731 | $826 | $1,174 | $1,293 |
| FY2022 | $535 | $664 | $757 | $1,075 | $1,183 |
| FY2021 | $514 | $644 | $734 | $1,050 | $1,150 |
| FY2020 | $492 | $551 | $714 | $1,030 | $1,141 |
FY2026 Income Limits
Area Median Income: $72,000
| 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 |