Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,053$12,636 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Granite County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Granite 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 | $789 | $9,468 | $31,560 | $15.17/hr |
| 1-Bedroom Apartment | $822 | $9,864 | $32,880 | $15.81/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,053 | $12,636 | $42,120 | $20.25/hr |
| 3-Bedroom Home | $1,464 | $17,568 | $58,560 | $28.15/hr |
| 4-Bedroom Home | $1,702 | $20,424 | $68,080 | $32.73/hr |
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Frequently Asked Questions About Rent in Granite County, MT
What is the Fair Market Rent for a 2-bedroom in Granite County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Granite County, MT is $1,053 per month ($12,636 per year).
What hourly wage is needed to afford rent in Granite County, MT?
To comfortably afford a 2-bedroom apartment at $1,053/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.25 per hour ($42,120/year).
What are the HUD Fair Market Rents by bedroom count in Granite County, MT?
Official 2026 HUD rents in Granite County, MT are: Studio: $789/mo, 1-Bedroom: $822/mo, 2-Bedroom: $1,053/mo, 3-Bedroom: $1,464/mo, and 4-Bedroom: $1,702/mo.
How do HUD Fair Market Rents compare to local incomes in Granite County, MT?
At the local Census ACS median household income of $59,265/year ($4,939/month), the benchmark 2-bedroom Fair Market Rent represents 21.3% of monthly income.
How is the 30% housing affordability standard calculated in Granite County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,053/month, the required minimum annual gross income is calculated as ($1,053 × 12) ÷ 0.30 = $42,120 per year.