Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,423$17,076 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Ravalli County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Ravalli 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 | $1,116 | $13,392 | $44,640 | $21.46/hr |
| 1-Bedroom Apartment | $1,145 | $13,740 | $45,800 | $22.02/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,423 | $17,076 | $56,920 | $27.37/hr |
| 3-Bedroom Home | $1,979 | $23,748 | $79,160 | $38.06/hr |
| 4-Bedroom Home | $2,387 | $28,644 | $95,480 | $45.90/hr |
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Frequently Asked Questions About Rent in Ravalli County, MT
What is the Fair Market Rent for a 2-bedroom in Ravalli County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Ravalli County, MT is $1,423 per month ($17,076 per year).
What hourly wage is needed to afford rent in Ravalli County, MT?
To comfortably afford a 2-bedroom apartment at $1,423/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.37 per hour ($56,920/year).
What are the HUD Fair Market Rents by bedroom count in Ravalli County, MT?
Official 2026 HUD rents in Ravalli County, MT are: Studio: $1,116/mo, 1-Bedroom: $1,145/mo, 2-Bedroom: $1,423/mo, 3-Bedroom: $1,979/mo, and 4-Bedroom: $2,387/mo.
How do HUD Fair Market Rents compare to local incomes in Ravalli County, MT?
At the local Census ACS median household income of $71,283/year ($5,940/month), the benchmark 2-bedroom Fair Market Rent represents 24% of monthly income.
How is the 30% housing affordability standard calculated in Ravalli County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,423/month, the required minimum annual gross income is calculated as ($1,423 × 12) ÷ 0.30 = $56,920 per year.