FY2026 Fair Market Rents — Teton County
Studio
$1,019
1BR
$1,241
2BR
$1,360
3BR
$1,891
4BR
$2,171
Teton County, Montana
FIPS 30099 · County-level FMR and income limit data
FMR Area: Teton County, MT
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,019 | $12,228 |
| 1-Bedroom | $1,241 | $14,892 |
| 2-Bedroom | $1,360 | $16,320 |
| 3-Bedroom | $1,891 | $22,692 |
| 4-Bedroom | $2,171 | $26,052 |
To afford the FY2026 2-bedroom FMR of $1,360/mo under the 30%-of-income rule, a household needs about
$54,400/yr ($4,533/mo). Area Median Income is $90,100.
At MT's state minimum wage of $10.55/hr, a worker would need to work 100 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,019 | $1,241 | $1,360 | $1,891 | $2,171 |
| FY2025 | $967 | $1,190 | $1,318 | $1,746 | $1,975 |
| FY2024 | $658 | $806 | $905 | $1,221 | $1,367 |
| FY2023 | $596 | $694 | $826 | $1,140 | $1,390 |
| FY2022 | $535 | $592 | $757 | $1,053 | $1,296 |
| FY2021 | $543 | $598 | $775 | $1,001 | $1,342 |
| FY2020 | $517 | $602 | $793 | $988 | $1,392 |
FY2026 Income Limits
Area Median Income: $90,100
| 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 |