Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,133$13,596 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Powell County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Powell 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 | $849 | $10,188 | $33,960 | $16.33/hr |
| 1-Bedroom Apartment | $884 | $10,608 | $35,360 | $17.00/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,133 | $13,596 | $45,320 | $21.79/hr |
| 3-Bedroom Home | $1,576 | $18,912 | $63,040 | $30.31/hr |
| 4-Bedroom Home | $1,832 | $21,984 | $73,280 | $35.23/hr |
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Frequently Asked Questions About Rent in Powell County, MT
What is the Fair Market Rent for a 2-bedroom in Powell County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Powell County, MT is $1,133 per month ($13,596 per year).
What hourly wage is needed to afford rent in Powell County, MT?
To comfortably afford a 2-bedroom apartment at $1,133/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.79 per hour ($45,320/year).
What are the HUD Fair Market Rents by bedroom count in Powell County, MT?
Official 2026 HUD rents in Powell County, MT are: Studio: $849/mo, 1-Bedroom: $884/mo, 2-Bedroom: $1,133/mo, 3-Bedroom: $1,576/mo, and 4-Bedroom: $1,832/mo.
How do HUD Fair Market Rents compare to local incomes in Powell County, MT?
At the local Census ACS median household income of $66,923/year ($5,577/month), the benchmark 2-bedroom Fair Market Rent represents 20.3% of monthly income.
How is the 30% housing affordability standard calculated in Powell County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,133/month, the required minimum annual gross income is calculated as ($1,133 × 12) ÷ 0.30 = $45,320 per year.