Metro FMR area · MT · HUD FY 2027
Jefferson County, MT Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Jefferson County, MT area is $1,410 a month, 8% below the Montana average and 20% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 10 ZIP codes range from $1,320 to $1,940.
- $1,4102-bedroom FMR+$6 (+0.4%) vs FY 2026
- $1,0781-bedroom FMRU.S.: $1,478
- $56,400Income for a 2-bedroomat 30% of income
- 12,774Residents1 county
| Unit | Jefferson County, MT FY 2027 | FY 2026 | Change | Montana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $982 | $968 | +$14 (+1.4%) | $1,114 | $1,379 | $39,280 |
| 1 bedroom | $1,078 | $1,070 | +$8 (+0.7%) | $1,223 | $1,478 | $43,120 |
| 2 bedrooms | $1,410 | $1,404 | +$6 (+0.4%) | $1,529 | $1,761 | $56,400 |
| 3 bedrooms | $1,847 | $1,946 | −$99 (−5.1%) | $2,086 | $2,266 | $73,880 |
| 4 bedrooms | $1,854 | $1,954 | −$100 (−5.1%) | $2,430 | $2,607 | $74,160 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Jefferson County, MT | 12,774 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,510.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 59601 | $1,150 | $1,320 | $1,650 | $2,280 | $2,390 | +$10 (+0.6%) | 17% above |
| 59631 | $1,000 | $1,130 | $1,350 | $1,850 | $2,080 | −$30 (−2.2%) | 4% below |
| 59632 | $920 | $1,010 | $1,320 | $1,760 | $1,770 | +$90 (+7.3%) | 6% below |
| 59634 | $1,120 | $1,230 | $1,610 | $2,190 | $2,270 | −$140 (−8.0%) | 14% above |
| 59635 | $1,060 | $1,230 | $1,520 | $2,090 | $2,190 | −$30 (−1.9%) | 8% above |
| 59638 | $1,050 | $1,150 | $1,510 | $1,980 | $2,000 | −$50 (−3.2%) | 7% above |
| 59701 | $1,080 | $1,180 | $1,420 | $1,970 | $2,330 | no change | 1% above |
| 59721 | $1,040 | $1,090 | $1,390 | $1,870 | $2,330 | +$40 (+3.0%) | 1% below |
| 59752 | $1,340 | $1,510 | $1,940 | $2,700 | $3,190 | +$20 (+1.0%) | 38% above |
| 59759 | $1,040 | $1,090 | $1,390 | $1,870 | $2,330 | −$60 (−4.1%) | 1% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.