Metro FMR area · MT · HUD FY 2027
Missoula, MT Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Missoula, MT area is $1,690 a month, 11% above the Montana average and 4% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 19 ZIP codes range from $1,500 to $2,460.
- $1,6902-bedroom FMR+$35 (+2.1%) vs FY 2026
- $1,4331-bedroom FMRU.S.: $1,478
- $67,600Income for a 2-bedroomat 30% of income
- 120,672Residents1 county
| Unit | Missoula, MT FY 2027 | FY 2026 | Change | Montana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,177 | $1,143 | +$34 (+3.0%) | $1,114 | $1,379 | $47,080 |
| 1 bedroom | $1,433 | $1,400 | +$33 (+2.4%) | $1,223 | $1,478 | $57,320 |
| 2 bedrooms | $1,690 | $1,655 | +$35 (+2.1%) | $1,529 | $1,761 | $67,600 |
| 3 bedrooms | $2,340 | $2,302 | +$38 (+1.7%) | $2,086 | $2,266 | $93,600 |
| 4 bedrooms | $2,825 | $2,776 | +$49 (+1.8%) | $2,430 | $2,607 | $113,000 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Missoula County, MT | 120,672 |
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 $1,660.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 59801 | $1,110 | $1,360 | $1,600 | $2,220 | $2,670 | −$40 (−2.4%) | 5% below |
| 59802 | $1,120 | $1,370 | $1,610 | $2,230 | $2,690 | +$40 (+2.5%) | 5% below |
| 59803 | $1,280 | $1,560 | $1,840 | $2,550 | $3,080 | +$90 (+5.1%) | 9% above |
| 59804 | $1,220 | $1,480 | $1,750 | $2,420 | $2,930 | −$10 (−0.6%) | 4% above |
| 59806 | $1,180 | $1,430 | $1,690 | $2,340 | $2,820 | +$30 (+1.8%) | same |
| 59807 | $1,180 | $1,430 | $1,690 | $2,340 | $2,820 | +$30 (+1.8%) | same |
| 59808 | $1,270 | $1,540 | $1,820 | $2,520 | $3,040 | +$40 (+2.2%) | 8% above |
| 59812 | $1,110 | $1,360 | $1,600 | $2,220 | $2,670 | −$30 (−1.8%) | 5% below |
| 59820 | $1,090 | $1,320 | $1,560 | $2,080 | $2,500 | +$110 (+7.6%) | 8% below |
| 59821 | $1,270 | $1,320 | $1,670 | $2,140 | $2,500 | +$50 (+3.1%) | 1% below |
| 59823 | $1,200 | $1,360 | $1,640 | $2,220 | $2,620 | +$70 (+4.5%) | 3% below |
| 59825 | $1,310 | $1,570 | $1,870 | $2,580 | $3,120 | +$180 (+10.7%) | 11% above |
| 59826 | $1,150 | $1,260 | $1,500 | $2,080 | $2,500 | +$10 (+0.7%) | 11% below |
| 59833 | $1,150 | $1,260 | $1,530 | $2,110 | $2,550 | −$50 (−3.2%) | 9% below |
| 59834 | $1,710 | $2,090 | $2,460 | $3,410 | $4,110 | −$20 (−0.8%) | 46% above |
| 59846 | $1,060 | $1,260 | $1,510 | $2,080 | $2,500 | +$40 (+2.7%) | 11% below |
| 59847 | $1,150 | $1,410 | $1,660 | $2,300 | $2,770 | +$30 (+1.8%) | 2% below |
| 59851 | $1,120 | $1,370 | $1,610 | $2,230 | $2,690 | +$40 (+2.5%) | 5% below |
| 59868 | $1,180 | $1,430 | $1,690 | $2,340 | $2,820 | +$30 (+1.8%) | same |
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.