FY2026 Fair Market Rents — Chouteau County
Studio
$980
1BR
$996
2BR
$1,307
3BR
$1,662
4BR
$1,950
Chouteau County, Montana
FIPS 30015 · County-level FMR and income limit data
FMR Area: Chouteau County, MT
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $980 | $11,760 |
| 1-Bedroom | $996 | $11,952 |
| 2-Bedroom | $1,307 | $15,684 |
| 3-Bedroom | $1,662 | $19,944 |
| 4-Bedroom | $1,950 | $23,400 |
To afford the FY2026 2-bedroom FMR of $1,307/mo under the 30%-of-income rule, a household needs about
$52,280/yr ($4,357/mo). Area Median Income is $82,400.
At MT's state minimum wage of $10.55/hr, a worker would need to work 96 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $980 | $996 | $1,307 | $1,662 | $1,950 |
| FY2025 | $929 | $965 | $1,266 | $1,536 | $1,899 |
| FY2024 | $658 | $689 | $905 | $1,094 | $1,283 |
| FY2023 | $637 | $671 | $883 | $1,075 | $1,230 |
| FY2022 | $557 | $600 | $789 | $975 | $1,070 |
| FY2021 | $528 | $572 | $754 | $938 | $1,022 |
| FY2020 | $492 | $542 | $714 | $940 | $967 |
FY2026 Income Limits
Area Median Income: $82,400
| 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 |