Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,393$16,716 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Meagher County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Meagher 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 | $1,044 | $12,528 | $41,760 | $20.08/hr |
| 1-Bedroom Apartment | $1,087 | $13,044 | $43,480 | $20.90/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,393 | $16,716 | $55,720 | $26.79/hr |
| 3-Bedroom Home | $1,925 | $23,100 | $77,000 | $37.02/hr |
| 4-Bedroom Home | $2,252 | $27,024 | $90,080 | $43.31/hr |
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Frequently Asked Questions About Rent in Meagher County, MT
What is the Fair Market Rent for a 2-bedroom in Meagher County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Meagher County, MT is $1,393 per month ($16,716 per year).
What hourly wage is needed to afford rent in Meagher County, MT?
To comfortably afford a 2-bedroom apartment at $1,393/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $26.79 per hour ($55,720/year).
What are the HUD Fair Market Rents by bedroom count in Meagher County, MT?
Official 2026 HUD rents in Meagher County, MT are: Studio: $1,044/mo, 1-Bedroom: $1,087/mo, 2-Bedroom: $1,393/mo, 3-Bedroom: $1,925/mo, and 4-Bedroom: $2,252/mo.
How do HUD Fair Market Rents compare to local incomes in Meagher County, MT?
At the local Census ACS median household income of $71,932/year ($5,994/month), the benchmark 2-bedroom Fair Market Rent represents 23.2% of monthly income.
How is the 30% housing affordability standard calculated in Meagher County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,393/month, the required minimum annual gross income is calculated as ($1,393 × 12) ÷ 0.30 = $55,720 per year.