Montana · HUD FY2026 Fair Market Rents

Rent in Carter County, MT

For Fiscal Year 2026, the official HUD Fair Market Rent for a benchmark 2-bedroom home in Carter County, MT is $1,244 per month ($14,928/year). Under the standard 30% federal housing rule, affording this rent comfortably requires an hourly wage of $23.92/hour ($49,760/year) for a full-time worker, representing 27.6% of the local median household income.

Rental Benchmark Overview

2-Bedroom Benchmark Rent

$1,244$14,928 per year · HUD Fiscal Year 2026
Studio FMR$932$18/hr needed
1-Bedroom FMR$1,002$19/hr needed
Housing Wage (2-BR)$23.92per hour · 40 hrs/wk, 52 wks
3-Bedroom FMR$1,492$29/hr needed

Fair market rent & 30% rule in Carter County, MT

Official HUD Fair Market Rents evaluated against local household income benchmarks.

Affordable (< 30% of income)
HUD Fair Market Rent$1,244Monthly market rent
Share of gross income27.6%Recommended max: 30%
Annual income needed$49,760To meet the 30% standard
Max affordable rent$1,354At 30% of $54,167
0%30% (Affordability standard)100%
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Fair Market Rent Schedule & Wage Requirements: Carter County, MT

Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.

HUD FY2026 Fair Market Rent Schedule and Income Thresholds for Carter County, MT
Bedroom TypeMonthly RentAnnual RentMin. Annual IncomeHourly Wage (40h/wk)
Studio / Efficiency$932$11,184$37,280$17.92/hr
1-Bedroom Apartment$1,002$12,024$40,080$19.27/hr
2-Bedroom ApartmentStandard Benchmark$1,244$14,928$49,760$23.92/hr
3-Bedroom Home$1,492$17,904$59,680$28.69/hr
4-Bedroom Home$2,011$24,132$80,440$38.67/hr

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Frequently Asked Questions About Rent in Carter County, MT

What is the Fair Market Rent for a 2-bedroom in Carter County, MT?

For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Carter County, MT is $1,244 per month ($14,928 per year).

What hourly wage is needed to afford rent in Carter County, MT?

To comfortably afford a 2-bedroom apartment at $1,244/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.92 per hour ($49,760/year).

What are the HUD Fair Market Rents by bedroom count in Carter County, MT?

Official 2026 HUD rents in Carter County, MT are: Studio: $932/mo, 1-Bedroom: $1,002/mo, 2-Bedroom: $1,244/mo, 3-Bedroom: $1,492/mo, and 4-Bedroom: $2,011/mo.

How do HUD Fair Market Rents compare to local incomes in Carter County, MT?

At the local Census ACS median household income of $54,167/year ($4,514/month), the benchmark 2-bedroom Fair Market Rent represents 27.6% of monthly income.

How is the 30% housing affordability standard calculated in Carter County, MT?

The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,244/month, the required minimum annual gross income is calculated as ($1,244 × 12) ÷ 0.30 = $49,760 per year.