Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,404$16,848 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Jefferson County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Jefferson 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 | $968 | $11,616 | $38,720 | $18.62/hr |
| 1-Bedroom Apartment | $1,070 | $12,840 | $42,800 | $20.58/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,404 | $16,848 | $56,160 | $27.00/hr |
| 3-Bedroom Home | $1,946 | $23,352 | $77,840 | $37.42/hr |
| 4-Bedroom Home | $1,954 | $23,448 | $78,160 | $37.58/hr |
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Frequently Asked Questions About Rent in Jefferson County, MT
What is the Fair Market Rent for a 2-bedroom in Jefferson County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Jefferson County, MT is $1,404 per month ($16,848 per year).
What hourly wage is needed to afford rent in Jefferson County, MT?
To comfortably afford a 2-bedroom apartment at $1,404/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.00 per hour ($56,160/year).
What are the HUD Fair Market Rents by bedroom count in Jefferson County, MT?
Official 2026 HUD rents in Jefferson County, MT are: Studio: $968/mo, 1-Bedroom: $1,070/mo, 2-Bedroom: $1,404/mo, 3-Bedroom: $1,946/mo, and 4-Bedroom: $1,954/mo.
How do HUD Fair Market Rents compare to local incomes in Jefferson County, MT?
At the local Census ACS median household income of $95,490/year ($7,958/month), the benchmark 2-bedroom Fair Market Rent represents 17.6% of monthly income.
How is the 30% housing affordability standard calculated in Jefferson County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,404/month, the required minimum annual gross income is calculated as ($1,404 × 12) ÷ 0.30 = $56,160 per year.