Montana · FIPS 30025 · HUD FY 2027
Fallon County, Montana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Fallon County is $1,404 a month (rent plus utilities), 8% below the Montana average of $1,529 and 20% below the U.S. average of $1,761. That is up $3 (0.2%) from FY 2026. At 30% of income, a household needs about $56,160 a year to afford it.
- $1,4042-bedroom FMR+$3 (+0.2%) vs FY 2026
- $1,1021-bedroom FMRMontana: $1,223 · U.S.: $1,478
- $56,160Income for a 2-bedroom$27/hour full-time
- 21 of 562BR rank in Montana1 = highest rent
| Unit | Fallon County FY 2027 | FY 2026 | Change | Montana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,073 | $1,050 | +$23 (+2.2%) | $1,114 | $1,379 | $42,920 |
| 1 bedroom | $1,102 | $1,093 | +$9 (+0.8%) | $1,223 | $1,478 | $44,080 |
| 2 bedrooms | $1,404 | $1,401 | +$3 (+0.2%) | $1,529 | $1,761 | $56,160 |
| 3 bedrooms | $1,944 | $1,936 | +$8 (+0.4%) | $2,086 | $2,266 | $77,760 |
| 4 bedrooms | $2,306 | $2,265 | +$41 (+1.8%) | $2,430 | $2,607 | $92,240 |
How Fallon County compares
- Fallon County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Montana, 2-bedroom FMRs run from $1,014 (Phillips County) to $2,109 (Gallatin County).
- Studio to 4-bedroom: $1,073, $1,102, $1,404, $1,944, $2,306. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 3 ZIP codes mostly in Fallon County (by land area), the 2-bedroom figure ranges from $1,400 to $1,430.
Small Area FMRs by ZIP code in Fallon County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 59313 | $1,090 | $1,120 | $1,430 | $1,960 | $2,340 | no change | 2% above |
| 59344 | $1,060 | $1,090 | $1,400 | $1,890 | $2,290 | +$10 (+0.7%) | about the same as |
| 59354 | $1,090 | $1,120 | $1,430 | $1,960 | $2,340 | no change | 2% above |
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).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.