FY2026 Fair Market Rents — Wheatland County
Studio
$837
1BR
$872
2BR
$1,117
3BR
$1,553
4BR
$1,806
Wheatland County, Montana
FIPS 30107 · County-level FMR and income limit data
FMR Area: Wheatland County, MT
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $837 | $10,044 |
| 1-Bedroom | $872 | $10,464 |
| 2-Bedroom | $1,117 | $13,404 |
| 3-Bedroom | $1,553 | $18,636 |
| 4-Bedroom | $1,806 | $21,672 |
To afford the FY2026 2-bedroom FMR of $1,117/mo under the 30%-of-income rule, a household needs about
$44,680/yr ($3,723/mo). Area Median Income is $67,100.
At MT's state minimum wage of $10.55/hr, a worker would need to work 82 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $837 | $872 | $1,117 | $1,553 | $1,806 |
| FY2025 | $794 | $832 | $1,082 | $1,408 | $1,726 |
| FY2024 | $658 | $689 | $905 | $1,177 | $1,425 |
| FY2023 | $596 | $628 | $826 | $1,027 | $1,293 |
| FY2022 | $535 | $575 | $757 | $936 | $1,183 |
| FY2021 | $514 | $561 | $734 | $913 | $1,150 |
| FY2020 | $508 | $568 | $736 | $1,010 | $1,176 |
FY2026 Income Limits
Area Median Income: $67,100
| 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 |