FY2026 Fair Market Rents — Valley County
Studio
$899
1BR
$915
2BR
$1,200
3BR
$1,566
4BR
$1,753
Valley County, Montana
FIPS 30105 · County-level FMR and income limit data
FMR Area: Valley County, MT
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $899 | $10,788 |
| 1-Bedroom | $915 | $10,980 |
| 2-Bedroom | $1,200 | $14,400 |
| 3-Bedroom | $1,566 | $18,792 |
| 4-Bedroom | $1,753 | $21,036 |
To afford the FY2026 2-bedroom FMR of $1,200/mo under the 30%-of-income rule, a household needs about
$48,000/yr ($4,000/mo). Area Median Income is $96,900.
At MT's state minimum wage of $10.55/hr, a worker would need to work 88 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $899 | $915 | $1,200 | $1,566 | $1,753 |
| FY2025 | $853 | $886 | $1,163 | $1,479 | $1,747 |
| FY2024 | $658 | $689 | $905 | $1,170 | $1,373 |
| FY2023 | $596 | $628 | $826 | $1,120 | $1,203 |
| FY2022 | $535 | $575 | $757 | $999 | $1,027 |
| FY2021 | $561 | $608 | $801 | $996 | $1,086 |
| FY2020 | $554 | $610 | $803 | $1,001 | $1,088 |
FY2026 Income Limits
Area Median Income: $96,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,350 | $23,250 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,950 | $38,800 | $43,650 | $48,450 | $52,350 | $56,250 |
| 80% AMI | $54,250 | $62,000 | $69,750 | $77,500 | $83,700 | $89,900 |