FY2026 Fair Market Rents — Ravalli County
Studio
$1,116
1BR
$1,145
2BR
$1,423
3BR
$1,979
4BR
$2,387
Ravalli County, Montana
FIPS 30081 · County-level FMR and income limit data
FMR Area: Ravalli County, MT
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,116 | $13,392 |
| 1-Bedroom | $1,145 | $13,740 |
| 2-Bedroom | $1,423 | $17,076 |
| 3-Bedroom | $1,979 | $23,748 |
| 4-Bedroom | $2,387 | $28,644 |
To afford the FY2026 2-bedroom FMR of $1,423/mo under the 30%-of-income rule, a household needs about
$56,920/yr ($4,743/mo). Area Median Income is $92,900.
At MT's state minimum wage of $10.55/hr, a worker would need to work 104 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,116 | $1,145 | $1,423 | $1,979 | $2,387 |
| FY2025 | $1,090 | $1,098 | $1,379 | $1,932 | $2,316 |
| FY2024 | $674 | $718 | $928 | $1,304 | $1,575 |
| FY2023 | $633 | $671 | $878 | $1,226 | $1,496 |
| FY2022 | $566 | $609 | $801 | $1,126 | $1,371 |
| FY2021 | $597 | $647 | $853 | $1,202 | $1,477 |
| FY2020 | $605 | $666 | $877 | $1,250 | $1,540 |
FY2026 Income Limits
Area Median Income: $92,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,500 | $22,300 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,550 | $37,200 | $41,850 | $46,450 | $50,200 | $53,900 |
| 80% AMI | $52,050 | $59,450 | $66,900 | $74,300 | $80,250 | $86,200 |