Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,307$15,684 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Chouteau County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Chouteau 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.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $980 | $11,760 | $39,200 | $18.85/hr |
| 1-Bedroom Apartment | $996 | $11,952 | $39,840 | $19.15/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,307 | $15,684 | $52,280 | $25.13/hr |
| 3-Bedroom Home | $1,662 | $19,944 | $66,480 | $31.96/hr |
| 4-Bedroom Home | $1,950 | $23,400 | $78,000 | $37.50/hr |
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Frequently Asked Questions About Rent in Chouteau County, MT
What is the Fair Market Rent for a 2-bedroom in Chouteau County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Chouteau County, MT is $1,307 per month ($15,684 per year).
What hourly wage is needed to afford rent in Chouteau County, MT?
To comfortably afford a 2-bedroom apartment at $1,307/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.13 per hour ($52,280/year).
What are the HUD Fair Market Rents by bedroom count in Chouteau County, MT?
Official 2026 HUD rents in Chouteau County, MT are: Studio: $980/mo, 1-Bedroom: $996/mo, 2-Bedroom: $1,307/mo, 3-Bedroom: $1,662/mo, and 4-Bedroom: $1,950/mo.
How do HUD Fair Market Rents compare to local incomes in Chouteau County, MT?
At the local Census ACS median household income of $58,218/year ($4,852/month), the benchmark 2-bedroom Fair Market Rent represents 26.9% of monthly income.
How is the 30% housing affordability standard calculated in Chouteau County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,307/month, the required minimum annual gross income is calculated as ($1,307 × 12) ÷ 0.30 = $52,280 per year.