Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,414$16,968 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Silver Bow County, MT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Silver Bow 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 | $1,028 | $12,336 | $41,120 | $19.77/hr |
| 1-Bedroom Apartment | $1,149 | $13,788 | $45,960 | $22.10/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,414 | $16,968 | $56,560 | $27.19/hr |
| 3-Bedroom Home | $1,967 | $23,604 | $78,680 | $37.83/hr |
| 4-Bedroom Home | $2,180 | $26,160 | $87,200 | $41.92/hr |
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Frequently Asked Questions About Rent in Silver Bow County, MT
What is the Fair Market Rent for a 2-bedroom in Silver Bow County, MT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Silver Bow County, MT is $1,414 per month ($16,968 per year).
What hourly wage is needed to afford rent in Silver Bow County, MT?
To comfortably afford a 2-bedroom apartment at $1,414/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.19 per hour ($56,560/year).
What are the HUD Fair Market Rents by bedroom count in Silver Bow County, MT?
Official 2026 HUD rents in Silver Bow County, MT are: Studio: $1,028/mo, 1-Bedroom: $1,149/mo, 2-Bedroom: $1,414/mo, 3-Bedroom: $1,967/mo, and 4-Bedroom: $2,180/mo.
How do HUD Fair Market Rents compare to local incomes in Silver Bow County, MT?
At the local Census ACS median household income of $61,754/year ($5,146/month), the benchmark 2-bedroom Fair Market Rent represents 27.5% of monthly income.
How is the 30% housing affordability standard calculated in Silver Bow County, MT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,414/month, the required minimum annual gross income is calculated as ($1,414 × 12) ÷ 0.30 = $56,560 per year.