FY2026 Fair Market Rents — Fergus County
Studio
$1,084
1BR
$1,102
2BR
$1,446
3BR
$1,991
4BR
$2,338
Fergus County, Montana
FIPS 30027 · County-level FMR and income limit data
FMR Area: Fergus County, MT
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,084 | $13,008 |
| 1-Bedroom | $1,102 | $13,224 |
| 2-Bedroom | $1,446 | $17,352 |
| 3-Bedroom | $1,991 | $23,892 |
| 4-Bedroom | $2,338 | $28,056 |
To afford the FY2026 2-bedroom FMR of $1,446/mo under the 30%-of-income rule, a household needs about
$57,840/yr ($4,820/mo). Area Median Income is $89,000.
At MT's state minimum wage of $10.55/hr, a worker would need to work 106 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,084 | $1,102 | $1,446 | $1,991 | $2,338 |
| FY2025 | $1,029 | $1,069 | $1,402 | $1,840 | $2,237 |
| FY2024 | $692 | $725 | $952 | $1,201 | $1,499 |
| FY2023 | $661 | $697 | $917 | $1,116 | $1,562 |
| FY2022 | $587 | $632 | $831 | $1,027 | $1,422 |
| FY2021 | $606 | $656 | $865 | $1,076 | $1,498 |
| FY2020 | $592 | $651 | $858 | $1,069 | $1,506 |
FY2026 Income Limits
Area Median Income: $89,000
| 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 |