Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,401$16,812 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Fallon County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Fallon 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 | $1,050 | $12,600 | $42,000 | $20.19/hr |
| 1-Bedroom Apartment | $1,093 | $13,116 | $43,720 | $21.02/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,401 | $16,812 | $56,040 | $26.94/hr |
| 3-Bedroom Home | $1,936 | $23,232 | $77,440 | $37.23/hr |
| 4-Bedroom Home | $2,265 | $27,180 | $90,600 | $43.56/hr |
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Frequently Asked Questions About Rent in Fallon County, MT
What is the Fair Market Rent for a 2-bedroom in Fallon County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Fallon County, MT is $1,401 per month ($16,812 per year).
What hourly wage is needed to afford rent in Fallon County, MT?
To comfortably afford a 2-bedroom apartment at $1,401/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $26.94 per hour ($56,040/year).
What are the HUD Fair Market Rents by bedroom count in Fallon County, MT?
Official 2026 HUD rents in Fallon County, MT are: Studio: $1,050/mo, 1-Bedroom: $1,093/mo, 2-Bedroom: $1,401/mo, 3-Bedroom: $1,936/mo, and 4-Bedroom: $2,265/mo.
How do HUD Fair Market Rents compare to local incomes in Fallon County, MT?
At the local Census ACS median household income of $76,250/year ($6,354/month), the benchmark 2-bedroom Fair Market Rent represents 22% of monthly income.
How is the 30% housing affordability standard calculated in Fallon County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,401/month, the required minimum annual gross income is calculated as ($1,401 × 12) ÷ 0.30 = $56,040 per year.